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Some employees knowingly or unknowingly bypass protocols to work faster. And with workloads on rise, it’s only getting worse, costing firms nearly 3X as much as being in compliance.
Whether committed by employees or state-sponsored cyber criminals, fraud is growing fast. It’s already responsible for the staggering loss of 5% of annual revenue of businesses worldwide.
Today, employees are facing more pressure than ever to meet financial targets in an environment of surging complexity, creating more exposures for your business.
Honest mistakes happen all the time. And more data means more of them. For example, creating multiple records for the same entity, which inevitably lead to costly duplicate payments.
Financial Integrity means eliminating the exposures your business is facing.
Our platform makes it possible.
Without needing any input, Datricks automatically and continuously analyzes your financial processes in order to understand your business context.
Problems and anomalies are identified across all business transactions and analyzed by our AI in the context of their financial processes in real time.
Finance leaders get a comprehensive control tower to understand the overall financial health of their organizations, see the issues that matter, and achieve peak performance.
Setup is effortless. Just point Datricks at your ERP and other Business Management Solutions — no need to explain how your business runs. You’ll see results within a week.
Actual customer results.
Boost in cash flow by detecting terms manipulation and early payments.
In losses mitigated by reducing and recovering duplicate payments.
Of revenue recovered due to detection of fraudulent activities.
Faster time to perform audits and better SOX testing.
Actual customer results.
Boost in cash flow by detecting terms manipulation and early payments.
In losses mitigated by reducing and recovering duplicate payments.
Of revenue recovered due to detection of fraudulent activities.
Faster time to perform audits and better SOX testing.
Foster confidence in your financial operations by ensuring you never miss anything that matters and avoiding unfortunate surprises.
Dedicate your auditors’ time to the most problematic issues, instead of randomly sampling data — resulting in imprecise conclusions.
Recover lost assets and prevent further losses. Stop duplicate payments, pay terms manipulation, and maverick spending.
Boost your bottom line, improve working capital and cash flow, and scale your financial processes with confidence.
