Invoice Lifecycle Assurance

Stop profit leakage and strengthen financial integrity. Prevent fraud and errors, secure every payment, and improve working capital across the invoice lifecycle.

Book Demo

What if there was an easier way to prevent invoice errors, supplier fraud, and misdirected payments?

Invoice Lifecycle Assurance protects the complete financial decision, from identifying invoice risk to verifying supplier and payment details to reconciling supplier accounts. Now it all just happens.

Finance gains greater confidence in every payment, with less manual effort and more opportunity to stop problems before they become losses.

Invoice Lifecycle Assurance  

Financial risk does not stop at invoice approval

Errors, duplicates, overpayments, missed credits, fraud, and unreconciled statements can all erode working capital and weaken confidence in the numbers. AI-driven fraud adds a new source of exposure, as compromised supplier information can redirect an otherwise legitimate payment.

Invoice Lifecycle Assurance helps finance identify risk earlier, protect cash, and maintain control through payment and reconciliation.

The Basware Statement Matching solution has not only streamlined our processes but also provided tremendous value by significantly reducing manual errors and freeing up our team’s time to focus on more strategic tasks.

Nish Makwana, Finance Manager, Specsavers ->

Fraud & Error Prevention
Value
Customer Success
KPIs
Why Basware

Fraud is worsening - prevent errors and mitigate risk to stay 5 steps ahead.

of organizations encountered at
least one fraud attempt recently.

(Source: Basware The Rise in AP Fraud report)

say fraud attempts have
worsened.

(Source: Basware The Rise in AP Fraud report)

Accounts payable fraud is growing in frequency and sophistication

As organizations struggle to combat the increasingly convincing attempts facilitated by generative AI, and wrangle with inadequate systems and a lack of automated tools—many are unsure how to protect themselves.

But lost profits due to errors and fraudulent attacks don’t need to be inevitable. We can help.

Invoice Lifecycle Assurance Delivers Value

AP Protect

Build a robust defense against profit loss. Strengthen the financial integrity of your AP processes by detecting potential invoice fraud, anomalies, duplicates, and erroneous payments before they become losses.

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AP Audit & Recovery

Easily identify and mitigate the small errors that add up to substantial revenue leakage. Our professional services team performs recovery audits as part of your AP transformation program, leveraging technology for financial integrity and boosting your bottom line.

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Statement Matching

Uncover missed credits, reclaim real funds, and slash manual processes. Easily get coverage across your entire supplier base by automating reconciliations, identifying issues early, enhancing supplier relations, and ensuring accurate ledgers.

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Trustpair

Trustpair gives finance the confidence to pay. Its controls verify supplier identity and bank-account ownership at onboarding, continuously monitor supplier data as it changes, and check payment files before release. With a proven zero-fraud track record, finance can stop supplier payment fraud before money leaves the business.

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Part of the Invoice Lifecycle Management platform

One platform. One source of truth. Total transformation for your business. Basware solutions integrate seamlessly to form an ecosystem that’s scalable to your business needs. Take complete control over your entire invoice process, from supplier onboarding to invoice processing to payment execution.

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ap-assurance-a-large-american-buiseness-company

A large North American business services company recovered $2.2 million in duplicate payments in 60 days. How much could you save?

"We recovered $2.2 million within just 60 days of using AP Protect, and that's not even the full picture. There's nearly $1 million more pending and another $2 million under review."

Director, Disbursement & Union Administration

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Transformational value

$2Tr

annual spend protected from erroneous payments and fraud

~$1B

losses avoided through fraud prevention, mispostings, and duplicates

90%

reduction in manual effort for statement reconciliation and account verification

190+

countries covered by account verification

How Invoice Lifecycle Management Delivers

Governed Autonomy

Autonomy you can defend. Set the limits, and ensure every AI action is explainable, auditable, and accountable by design.

Continuous Compliance

Compliance you can trust. Fiscal and commercial requirements are built into every invoice and update as mandates evolve.

Financial Integrity

Integrity you can prove. Every invoice, supplier, and bank account verified for accuracy, completeness, and authenticity before payment and throughout the lifecycle.

Enterprise Control

Control you can act on. See 100% of invoices across every entity, ERP, and geography, with the authority to act on what you see.

Financial risk does not stop at invoice approval

Fraud is worsening - prevent errors and mitigate risk to stay 5 steps ahead.

of organizations encountered at least one fraud attempt recently.

say fraud attempts have worsened.

AP Protect

AP Audit & Recovery

Statement Matching

Trustpair

Part of the Invoice Lifecycle Management platform

A large North American business services company recovered $2.2 million in duplicate payments in 60 days. How much could you save?

$2Tr

~$1B

90%

190+

How Invoice Lifecycle Management Delivers

Governed Autonomy

Continuous Compliance

Financial Integrity

Enterprise Control

Want to learn more?

of organizations encountered at
least one fraud attempt recently.

say fraud attempts have
worsened.