FISCAL Technologies

FISCAL Technologies is a world leading provider of risk management technology that empowers procure-to-pay teams to protect organisational spend. Unlike traditional auditing and automation, which serve different purposes, FISCAL's risk management technology identifies high-risk anomalies before payment occurs by using artificial intelligence (AI) machine learning techniques to forensically analyse each and every Accounts Payable transaction as it is processed. This prevention strategy means that working capital is protected for better use, recovery costs are avoided and the audit exercise is simplified. A triple-whammy that contributes to lower costs simply by addressing the issue of erroneous payments earlier in the process. Since 2003, FISCAL's solutions have processed over 1 billion transactions with a value of over £5 trillion / $7 trillion in spend, and are now relied on by leading private and public sector organisations all over the world.