Use cases.
One problem, the checks we ran and what they found. Most come from our own project work with the client names removed; the rest are illustrative scenarios, and each one is marked.
Use cases
7 results for “payments”. Show everything
One rule for every money trail in an anti-money-laundering review
Twenty-three customer cases had been prepared in different ways, so the same check gave different answers. One layout and one tracing rule, first in, first out, now give one answer that anyone can check.
A building-materials maker runs 64 exception checks on its full SAP data
Reviewing purchases, payments, assets and sales by sample left gaps. We moved the company's SAP data into one database and built a library of 64 checks that run on every record.
A fraud investigation that followed the people, the vendors and the money
Allegations of fraud at an interior fit-out company could not be settled by looking at accounting entries alone. Six workstreams, across 10+ people and 1,000+ vendors, were brought together into one picture.
A logistics business audits every freight invoice before it pays
Thousands of carrier invoices a month were checked by hand, a few at a time. Checking every one against rates, routes and proof of delivery found overcharges that had been paid for years.
A lender moves its payment controls from quarterly to daily
An internal audit team tested vendor payments and disbursements once a quarter, on a sample. Moving the same controls onto every transaction, every day, found issues while they could still be stopped.
A pharma company watches its suppliers by what they do
Thousands of suppliers were assessed once, at onboarding, by questionnaire. Adding payment data, public records and news turned a yearly exercise into a risk view that updates itself.
Checking every rent agreement against what was actually paid
An infrastructure group rents offices, homes and guest houses for its staff. Reading every agreement, recalculating each rent and checking the documents themselves showed where the payments and the paperwork drifted apart.
No use cases match every filter.
Read the thinking behind it
Short articles on revenue leakage, fraud, controls, forecasting and private AI.