It's all too easy for fraudsters to create convincing emails requesting payment to alternative bank accounts for services you may have received. According to the FBI, Business Email Compromise attacks cost organisations over $2.77bn last year.

Invoice Shield can verify payee authenticity and secure communication channels so you don't find yourself contributing to those losses. (Source:  2024 Internet Crime Report, FBI’s Internet Crime Complaint Center (IC3)) 

 Around 50% of managers believe that not having an automated way of matching invoices against orders, contracts, and vendor information increases a business's susceptibility to fraud. 

Invoice Shield uses multiple backend validations to assess the integrity of every invoice automatically, before it's processed and before payment leaves your business. (Source: Security Brief)

No business is entirely above making a mistake - some may even submit an invoice more than once intentionally.

Invoice Shield spots duplicates and cuts out unnecessary overpayments and accounting inconsistencies, leaving more money in your bottom line. 

Weak internal controls can lead to invoices approved without verification. Whether it's insider fraud, or simply contrasting priorities, it could all lead to unbudgeted spending.

With Invoice Shield you can set and enforce approval hierarchies and generate audit trails for tighter control of your invoices.

Clients denying receiving invoices, delaying payment beyond deadlines, and claiming errors can all impact your profitability and negatively affect Days Sales Outstanding (DSOs).

Invoice Shield gives you proof of receipt, processing logs and even email receipts, as your workflows dictate, so you can have complete confidence and control over your side of the invoice creation and delivery process.