The most efficient AI-powered accounts payable fraud prevention
Our accounts payable fraud prevention detects and stops fraud in its tracks, reducing your financial risk 24/7 worldwide, and creating the safest place in the industry for your financial operations automation.
With Yooz’s ironclad security, benefit from the most efficient AI-powered document Fraud Detection, Payment Integrity, User Authentication, and Security.
- Identify fake documents with AI-powered fraud detection
- Automatically spot atypical vendor behavior
- Prevent vendor impersonation
- Strengthen access controls to your financial systems
- Standardize workflows and segregation of duties
- Gain a robust audit trail and complete control
Stop accounts payable fraud in its tracks for waste-free operations
Yooz’s fraud prevention stops threats before they occur, so you can reduce your financial exposure and waste associated with costly risks. Proactively identify suspicious activity, stay ahead of fraud, and protect your bottom line for a fitter, leaner approach to your financial operations.
Smart Fake detection
Advanced AI and machine learning forensically analyze invoice metadata, detect anomalies, and flag suspicious invoices before they can be processed, reducing the risk of fraudulent payments to unauthorized accounts.
Atypical amount detection
Statistical behavior analysis identifies irregular vendor payment patterns, ensuring every transaction aligns with historical benchmarks and prevents fraudulent payments.
IBAN and account number extraction and verification
Benefit from real-time verification of vendor master data. Automated checks detect inconsistencies in banking details, ensuring that the IBAN or account number on an invoice matches the approved vendor database. Any requested changes to vendor payment details trigger alerts and require secondary verification.
Confidentiality
Highest range of confidentiality levels to manage access of sensitive documents through the entire workflow.
“Having a one stop shop where everything is scanned in and a digital system for anything and everything related to accounts payable is a much better solution than relying on paper documents and chasing them down.”
