A Financial Integrity use case
Eliminating exposures in procure to pay
Procure to pay processes are complex, often involving multiple disconnected workflows. This leaves the organizations vulnerable to costly Financial Integrity exposures. In this use case, discover how to avoid the fallout — and gain full control.
Why P2P is so hard to control
As an aggregate of many distinct business processes that rely heavily on manual execution, procure to pay (P2P) often lacks synchronization and consistent execution. This makes it highly susceptible to human error and non-compliance that is difficult to detect and prevent.
Many separate
business processes
Mostly manual
execution
Lack of
synchronization
The high cost of exposure
When exposures go unchecked — even with payment workflow audit tools in place — the implications can be severe.
& audits
Eliminate integrity
exposure with Datricks
The Datricks Financial Integrity Platform is much more than a vendor risk management platform. It delivers autonomous, real-time control over financial operations, empowering finance teams to proactively eliminate vendor-related exposures.
Without needing any input, Datricks automatically and continuously analyzes your financial processes in order to understand your business context.
Problems are identified across all business data and analyzed by our AI in the context of their financial processes in real time.
CFOs get a comprehensive control tower to understand the overall health of their organizations. Furthermore, they can see how they stack up against others in the industry.
The Datricks advantage
With the Datricks Financial Integrity Platform goes far beyond audit analytics and controls management software. It eliminates reliance on random sampling, enables finance teams to focus on what truly impacts the business, and helps to prevent losses before they happen.
Industries we serve
The Datricks Financial Integrity Platform is designed to help organizations across a diverse range of industries to gain autonomous, real-time control over financial operations, eliminate exposures, and ensure Financial Integrity.
Automotive
Chemicals
Energy
Manufacturing
Pharma & healthcare
Retail
Software and SaaS
Utilities
Be part of
the conversation
Todd Freeman
VP Internal Audit
When we were evaluating other solutions, it was clear that Datricks brings the only platform that can help us identify inefficiencies in our billing processes, eliminate costly rebilling, and drive real savings. No BI system can do that. Now that’s impressive!
Brian Wueste
Head of Audit Internal
Datricks helped iRobot by showing process variances between regions in our global business, allowing us to prioritise efficiency opportunities and controls over business variations that were suddenly visible.
Heiko Laessig
EVP Risk, Internal Control and Process Management
We have already witnessed that this solution will help us identify and mitigate risks, improve our processes, and ultimately achieve our business goals efficiently.
Rami Bareket
Director, Head of Global IT Audit
Datricks mapped controls that were never conducted in the past, enabling us to find meaningful issues with substantial impact on the business
