Advanced anomaly detection acts on real-time data to save you money.
By combining Basware’s AP automation and specialist audit recovery and fraud prevention software from Glantus, you can achieve complete coverage throughout the entire invoice processing and capital management lifecycle.
With Basware’s recent acquisition of Glantus Holdings PLC and their advanced capabilities, you can now leverage your AP data for capital recovery from payment errors, identify invoice fraud, and access near real-time reconciliation reports.
An expert audit team conducts an in-depth review of your disbursements and supplier statements to identify and recover the money you are owed. This delivers cash back to your organization from returned products, overpayments, VAT reclaims, unissued/outstanding credits, debit balances, escheatment avoidance, duplicate payments, and rebates.
Overpayment prevention highlights working capital recovery opportunities that deliver cashflow to the bottom line. You alleviate the burden of payment errors and proactively identify, prevent, and facilitate the recovery of overpayments.
Identify potentially fraudulent activity, prohibited vendors, questionable transactions, and procedural failures to ensure compliance. Visualizing risk factors across processes, systems, and operating units provides a compounded view and deeper insight into potential concerns.
Vendor master analysis provides visibility into vendor master data across multiple ERPs, including status, trending, aging, and potential duplicate vendors. This creates a single source of truth across multiple ERPs, even when integrating multiple master files during organizational changes or acquisitions.
Globally operating organizations with a desire to increase invoice processing efficiency and productivity across all locations
More than 50.000 invoice transactions per year, across multiple formats
Finance Shared Service Centers with a need for complete visibility into organizational processes and systems
Multi-ERP environments by integrating with any ERP
$1.6T
Spend protected
300+
Corporate customers
120M
Payments facilitated
For every $1 billion in spend, you're looking at $1 million in losses that can be brought back to your bottom line!
Greater transparency into your organization’s overpayments, both real-time and historical, results in over five times the ROI from preventing overpayments.
Build a line of defence and implement corrective actions for fraud prevention before ‘open doors’ are exploited.
AP audits help us to identify ways of improving what we do and recover funds that would otherwise be lost
We are surprised at the speed at which we are reaping the benefits of the system, after only a short period from go live. Layered on top of our existing AP solution and ERP creditors ledger, Glantus delivers an all-inclusive solution that provides the easy capture of statements, reconciliation, visibility and communication back to the vendor.
Denise Carpenter, Divisional Finance Director (Wholesale, Food Service and Growing), Dole Ireland
Cutting-edge technology powered by AI & ML that eliminates all manual processes
Global compliance capabilities and the ability to integrate with 250 ERPs across more than 175 countries
40 years of specialized experience implementing best practices and reducing risk across finance operations
Book a consultation call with our solutions experts to discuss the benefits of our enhanced product suite.
