Accounts Payable Automation for Anomaly and Fraud Detection
Safeguarding AP processes with Zycus’ AI-powered Account
Payable Automation
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The Benefits of Anomaly and Fraud Detection
Uncover Phantom Vendors Before Damage
Advanced algorithms to
analyze vendor data, flagging
anomalies and phantom
vendors before they create a
financial mess.
Secured Vendor Communication
Get alerts on suspicious
activities, helping to secure
your vendor communications
and reduce fraudulent email
instructions for bank detail
changes.
Fortify Against Phishing Scams
Minimize the risk of falling
victim to phishing scams,
protecting your company's
financial assets and staying a
step ahead of the
cybercriminals.
Eliminate Duplicate Invoice Payments
Flags duplicate invoices based
on invoiced items, ensuring
you only pay what you owe
and not worry about paying
the same invoice twice.
Identify Unusual Buying Patterns
Detect anomalies in your
company's buying patterns,
allowing you to take corrective
actions before they become
costly mistakes and keep your
procurement efficient and
cost-effective.
Zycus Differentiators for Anomaly and Fraud Detection
Phantom Vendor Identification
Automated anomaly detection
technology helps identify and
prevent fraudulent payments
by flagging any vendors that
do not match the authorized
vendor Iist
Duplicate Invoice Detection
Al-led scanning of every
invoice to identify and flag
potential duplicates, helping
prevent overpayments and
save time.
Vendor Email and Signature Verification
Al-led email and signature
verification ensures that all
communications with vendors
are legitimate, preventing
phishing and other emailbased
scams.
Explore Zycus AP Automation Solution​
AP Leadership Agenda for 2023
Gain practical insights into how Al-led automation can help in overcoming major AP challenges.
Why Leading Enterprises Love Zycus!
North American health insurer achieves 98% accuracy in invoice data extraction with Zycus
Leading business solutions provider drives procurement efficiency with Zycus’ AI-powered solutions
Global automobile manufacturer transforms invoice processing with Zycus Merlin AI suite
Resources
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