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Rocket Analytix,

Fraud Prevention

No one bank account change control will prevent payment fraud  rocket analytics provides layers of protection.

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Fraudsters love

Your “Controls.”

No one bank account change control will prevent payment fraud  rocket analytics provides layers of protection.

85 % 

Most fraud losses are never recovered.

Recovering fraud losses is a major challenge due to the complex methods used by fraudsters. As a result, a significant portion of these losses remains uncovered.

 $1M 

Nearly 1 in 4 scams involve losses of $1 million or more.

High-value scams are alarmingly common, with nearly 1 in 4 involving losses of $1 million or more.

2 years 

The average fraud runs 2 years before being detected.

The average fraud scheme persists undetected to over 2 years allowing criminals to steadily drain funds while controls fail.

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Rocket analytix

Fraud Prevention

Layers of Protection. Prevent the event.

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Robust Access Controls

User Behavior Monitoring

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 Alerts for suspicious login and activity patterns

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 Automated IP address blocking for suspicious IP addresses or locations.

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Detailed logging of sign-on and changes

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Related Use Cases

Go from idea to impact with proven

Procure-to-pay solutions.

Explore how we have helped global organizations overcome the same obstacles that you are facing right now.

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Fraud Prevention

No one bank account change control will prevent payment fraud. Layers of protection are needed to prevent the many different techniques of evading your controls.

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Supplier Risk Management

Ask suppliers the right questions at the right time with pre-built and highly configurable supplier journeys for an accurate picture of risk in your supplier ecosystem.

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Bank Account Ownership

The most effective bank account change control is automated validation directly with the bank. It isn’t available everywhere, but needs to be part of payment fraud prevention program.

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Cyber Vulnerability & Threat

No one bank account change control will prevent payment fraud. Layers of protection are needed to prevent the many different techniques of evading your controls.

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ESG Compliance Programs

Rapidly close global compliance gaps and deliver on your strategic ESG objectives with out-of-the-box best practices, premium data and supplier-facing collaboration.

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Early Payment Programs

Maximize supplier adoption and discounts captured with an early payment program built into your supplier onboarding and management program.

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7x

Faster average supplier onboarding

“Game changing speed. We previously had a paper-based...

Chuck Stefanosky, Supplier Diversity Director

Customer Stories

Peak performers pick

Rocket Analytix.

Whether long-form webinars or in-person conference presentations, our clients love to share best practices - what drives measurable value - with their peers.

53%

increatse in supplier discounts taken annually

“apexportal has exponentially changed our whole supplier...

Amy Platis, Director of Finance, APM

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How does your organization’s fraud challenge compare to your peers?

We wanted to know more about the challenges financial professionals face today, so we partnered with Censuswide to survey 2,750 finance executives across the globe. This research resulted in the Medius 2022 Financial Professional Census report. It includes data about:

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Rising fraud

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Late supplier payments

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 Strained relationships with procurement

 Retention of talent

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Get Int Touch

Ready to Transform your AP? 

Fill out our contact form and we will be in touch shortly to discuss how we can help prevent fraud.

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