Detect Hidden Vendor Payment Leakage Fast

Summary

In this 15 minute session, we shared how hidden financial leakage happens in vendor payments even with strong ERP and approvals, through issues like duplicate invoices, incorrect pricing, overbilling, and fraudulent vendor submissions. We explained how fragmented data across ERP, AP automation, procurement, and contracts limits visibility, and how periodic reviews are too reactive. We introduced Redal, which sits on top of your existing systems and continuously analyzes AP data with machine learning to flag duplicate, pricing, contract coverage, and fraud risks before payment. We included a quick demo showing a low governance score with out of contract charges and a duplicate invoice with different bank details. We asked you to drop questions in the chat and reach out for a demo if you want more information.

Speakers

James Campbell-Burns

Sales Development Representative

Cooper Barnard-Brown

Business Analyst

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