PayRight

Don’t Let Wrong Data Drain Cash out of Your Business

Your priority, as a finance operations leader, is to make sure that payments are going to the Right people for the Right amount, on the Right Terms and at the Right time. Because cash once leaked, is usually, gone forever.

That’s why leading Global Capability Centers and Finance BPOs use SmartKatch’s PayRight alongside their core systems.

Armed with an array of algorithms that detect and prevent duplicates, frauds and non-compliance in near real time, PayRight senses everything that’s not right with your payables. It’s never too early because errors, frauds and violations could be happening this very moment.

PayRight consists of three modules in the Procure-to-Pay (P2P) area:

  • Duplicate Prevention to ensure payables are not processed more than once

  • Forensic Alerts to highlight potential frauds or suspicious transactions

  • Tax Compliance to detect any leakages or errors in VAT/GST or Withholding Tax

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Armed with an array of algorithms that detect and prevent duplicates, frauds and non-compliance in near real time, PayRight senses everything that’s not right with your payables. It’s never too early because errors, frauds and violations could be happening this very moment.

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