The platform built for Financial Integrity

The Datricks platform is powered by advanced AI and machine learning capabilities that enable deep contextual understanding of financial processes, coupled with real-time anomaly detection and prioritization, and a comprehensive vantage point to eliminate exposures and ensure Financial Integrity.

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Transform your business into a beacon of Financial Integrity

Get valuable insights from your data

Datricks autonomously analyzes every business process, providing deep contextual insights tailored to your operations.

  • Financial & accounting processes:
    procure-to-pay, order-to-cash,
    invoice-to-pay, record-to-report
  • Workforce & asset management:
    hire-to-retire, acquire-to-retire
  • Operational & supply chain processes:
    inventory, make-to-order, travel & expenses

Trace transactions to the source

Gain complete visibility into your financial processes with powerful drill-down capabilities.

  • Explore each case in detail with full context
  • Access a complete audit trail for every transaction

Detect issues automatically

Save time, maximize efficiency, and detect hundreds of common exposures instantly with a comprehensive library of 600+ pre-configured checks and controls.

  • Fraud & compliance risks:
    PO/Invoice/JE “Smurfing” or splitting, actual SoD violations, vendor bank “flip-flops”
  • Data integrity & accuracy issues:
    Duplicate master data, duplicate invoices and payments
  • Procurement & financial process weaknesses:
    After-the-fact POs, maverick buying, blocks and release monitoring

Dashboards for comprehensive health monitoring

Access ready-made dashboards for key financial insights, including risk aggregation, designed to empower business decision-makers with full control and a clear view of overall business health.

  • Drill down to trace data to its source
  • Visualize risks on an interactive map
  • Analyze risks by entity
  • Focus auditors on the most critical areas

Innovating Financial Integrity
with GenAI

Datricks’ proactive, predictive, connected, and always-on AI capabilities seamlessly integrate with enterprise
data and external intelligence sources – understanding business processes, optimizing workflows,
and identifying exposures.

AuditBot™
Automatically generates efficient audit plans
RiskPilot™
Enterprise exposure copilot extension and assistant
Exposure Advisor™
Detects anomalies and recommends mitigation strategies
ConnectAI™
Accelerates system onboarding with seamless integration
Secured GenAI
Ensures AI security without exposing sensitive data
Ensuring trusted AI
Provides full traceability for every AI decision

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How Datricks drives
Financial Integrity in the real world

Datricks immediately adds value across multiple metrics. Here are two examples of how your organization can benefit from the Datricks Financial Integrity Platform.

The insider risk: preventing internal fraud

Over half of all fraud comes from insiders who know how to bypass controls undetected. Discover how Datricks helps you detect, prevent, and stop internal fraud before it causes financial damage.

read more

Achieving Continuous Audit Readiness

Periodic audits and sampled data leave you exposed. See how Datricks delivers continuous, real-time audit readiness – ensuring complete compliance and audit readiness at all times.

read more

Fortune 500 Financial Integrity success stories with Datricks

$38M

Saved by an auto-parts manufacturer by preventing payment terms manipulation and company policy violations.

$64M

Recovered by a mining company by identifying advance vendor payments and invoice pre-dating.

$17M

Saved by a chemical company through duplicate payment detection.

$5M

Retained by a chemical company by eliminating duplicate customer and vendor records.

$104M

Recovered by a pharmaceutical company by addressing maverick buying and after-the-fact POs.

$50M

Saved by a tech company through journal entry anomaly detection.

$19M

Secured by a utilities company by identifying outlier transactions and actual SoD violations.

$13M

Protected by an energy company by detecting unauthorized customer discounts and free item giveaways.

$23M

Saved by a discrete manufacturing company by reducing own employee expense fraud and stock write-offs.

$38M

Saved by an auto-parts manufacturer by preventing payment terms manipulation and company policy violations.

$64M

Recovered by a mining company by identifying advance vendor payments and invoice pre-dating.

$17M

Saved by a chemical company through duplicate payment detection.

$5M

Retained by a chemical company by eliminating duplicate customer and vendor records.

$104M

Recovered by a pharmaceutical company by addressing maverick buying and after-the-fact POs.

$50M

Saved by a tech company through journal entry anomaly detection.

$19M

Secured by a utilities company by identifying outlier transactions and actual SoD violations.

$13M

Protected by an energy company by detecting unauthorized customer discounts and free item giveaways.

$23M

Saved by a discrete manufacturing company by reducing own employee expense fraud and stock write-offs.

Datricks benefits the entire organization

Finance leaders across the enterprise can now access a comprehensive control tower to understand the overall financial health of the organizations and see the issues that matter to them.

CFO

Gain full visibility into financial exposures, optimizing working capital and profitability.

VP Finance

Ensure financial processes run with integrity, minimizing errors and maximizing efficiency.

Internal Audit

Pinpoint critical integrity exposures instantly, streamlining audits with data-driven insights.

Internal Controls

Automate controls to detect and prevent compliance breaches with minimal effort.

SOX Compliance

Ensure continuous SOX adherence by detecting control gaps before they become issues.

IT Audit / ITGC

Strengthen financial system security by identifying process vulnerabilities in real-time.

Enjoy seamless integration

Setup and integration couldn’t be simpler: point Datricks at your ERP and other systems of records, and within seven days, Datricks starts autonomously identifying exposures without needing additional input or skills.

The Datricks advantage

Datricks provides unique, unmatched capabilities to ensure ongoing Financial Integrity – autonomously reviewing 100% of financial data and continuously surfacing all material exposures in real-time.

ITGC
GRC platforms
BI / Analytics tools process mining
Financial risk discovery
Purpose-built for risk

ITGC

GRC platforms

BI / Analytics tools process mining

Financial risk discovery

Unknown risk detection

ITGC

GRC platforms

BI / Analytics tools process mining

Financial risk discovery

Automated risk mitigation

ITGC

GRC platforms

BI / Analytics tools process mining

Financial risk discovery

Process-centric

ITGC

GRC platforms

BI / Analytics tools process mining

Financial risk discovery

High detection accuracy

ITGC

GRC platforms

BI / Analytics tools process mining

Financial risk discovery

Complete workflows, from data collection to alerts & reporting

ITGC

GRC platforms

BI / Analytics tools process mining

Financial risk discovery

Fast & easy to implement & use, no training required

ITGC

GRC platforms

BI / Analytics tools process mining

Financial risk discovery

Out-of-the box workflows & detectors

ITGC

GRC platforms

BI / Analytics tools process mining

Financial risk discovery

Unlimited data collection

ITGC

GRC platforms

BI / Analytics tools process mining

Financial risk discovery

Cost efficient

ITGC

GRC platforms

BI / Analytics tools process mining

Financial risk discovery

Datricks is trusted and valued by leading organizations

From exposure to excellence: another Financial Integrity success story

How Element Solutions (NYSE: ESI) benefited from the Datricks platform to revolutionize internal audit and ensure ongoing Financial Integrity.

Read More

Colm McKenna

VP of Internal Audit & Compliance

Datricks has delivered on its promises and delivered on expectations.

Eliminate
your exposures