Combat Fraud and Reduce Risk With Tipalti Detect℠
Proactively prevent fraud with detailed payee monitoring
- Ideal for global partner business models
- Mitigate risk exposure proactively
- Maintain deep audit trails and notes
Mitigate Exposure with Integrated Fraud Management
Tipalti tracks a wide variety of data points across the entire payments process to proactively identify potential fraudsters in your network. This includes, contact details, account numbers, emails, and payments. With more than 7,400 payees blocked and more than £3 million in potential savings, Detect cuts the risk without any additional work required from you.
Proactively Protect with Thorough Risk Checks
Tipalti Detect uses current and historical information on all of your payees to perform risk checks that determine if a payee is related to other blocked or suspended payees, or if there are multiple accounts with the same payment method details, SSN, EIN, email (for PayPal users), address, company, name, or phone number. It’s complete risk tracking built in to augment your fraud protection programs.
Review & Resolve Cases to Keep Your Network Top-Quality
If there is a risk match on a payee or payment, Tipalti Detect automatically opens a case and notifies your finance team users with the appropriate permissions, who can then review the case details and determine the next course of action from the Tipalti Hub. Filters make it easy to drill into cases and easily identify risk triggers so you can investigate quickly and efficiently.
Maintain Records of Suspicious Activities & Actions
Audit trail and notes keep logs of case records, so you know who reviewed a case, when, what the outcome was, and why. You can also generate detailed payee reports to get insights on why a payee is blocked and what stage of risk review the payee is in. Get the visibility you need to stop fraudsters prior to making a payout, saving you money.
Samantha Chi | Financial Controller, Acuity Eye Group
Tipalti automatically processes invoices for all of our entities and provides a consistent vendor onboarding program—it’s a lifesaver. We have 12 subsidiaries and 50 locations. Now we don’t worry about fraud.
Innovation and efficiency come built-in
Tipalti offers the most comprehensive payables technology to help your business streamline, simplify, and evolve.
Let’s get more productive
Book a demo today and learn how you can take control of your payables.