Fraud Prevention
Stop supplier fraud before the payment exists.
Payment fraud is not a finance problem that starts at the invoice. It starts with an unverified supplier record. TYS verifies identity, banking details and compliance documentation at onboarding, and keeps verifying every time something changes.
Your Automation Is Outpacing Your Fraud Controls
Your teams are automating everywhere they can, from supplier onboarding through invoicing and payment approval. Each automated step removes a check nobody documented as a control: the phone call confirming bank details, the AP clerk who noticed a supplier contact did not sound right.
Those steps looked like friction, but they were also where fraud got caught.
The more cleanly a fraudulent request passes through an automated pipeline, the more it costs you before anyone notices.
Six Ways Fraud Gets Into Your Supply Base
Fraud does not need a sophisticated attack to get in. It needs one unverified supplier record and a process that never checks.
KEY CHALLENGES YOU FACE TODAY
1. Fake Supplier Details Slip Through
Entities that do not exist, or exist only on paper, enter your supply base at onboarding.
2. Impersonation Attacks Are Rising
Fraudsters pose as a legitimate supplier to reroute your payments to an account they control.
3. Manual Bank Checks Are Too Slow
Callbacks and email confirmations do not scale, and the delay is what attackers rely on.
4. Compliance Gaps Grow
Missing, expired or invalid tax and certification documents create audit risk and cover for fraud at the same time.
5. No Global View of Risk
Fragmented validation tools mean an inconsistency that would be obvious in one system stays invisible across several.
6. Automation Creates New Blind Spots
Informal checks disappear during an automation rollout and nothing is built to replace them.
How TYS Closes Every Entry Point
Verification runs at supplier qualification and keeps running, so a supplier does not become approved until the checks pass.
Identity Verification
Validate legal entity, tax registration and business identifiers against authoritative and third party sources before you approve a supplier, with discrepancies flagged on the record rather than buried in an exception queue.
Supplier Intake and OrchestrationBank Account Validation
Verify account details and account holder name against authoritative bank and clearing data at qualification, and again whenever they change. A mismatch blocks approval and alerts your team.
Tax and Compliance Documentation
Collect, validate and monitor documents automatically, with expiring certifications flagged before they lapse.
Risk and ComplianceContinuous Monitoring and Audit Trail
Get alerted in real time when supplier information changes, with every action time stamped to a tamper proof ledger.
Take the Interactive TourKEY BENEFITS
Fraud Caught Before the Payment Moves
Stop Fraud Before It Starts
Identity, banking and document checks run before a supplier is approved.
No Work for Your Suppliers
No callbacks, no forms, no phone confirmations to chase.
Bank details are re-verified whenever a supplier changes them.
Audit Ready by Default
Every verification, approval and change is time stamped to a tamper proof ledger.
Suppliers Onboard in 131 Countries
Identifiers, addresses and banking details are configured by location, so onboarding fits local requirements.
Go Deeper on Fraud Prevention
INTERACTIVE TOUR
Walk through identity verification, bank account validation and audit readiness in your own time.
WHITEPAPER
Learn how teams are replacing manual bank validation with automated checks and embedding verification at the start of the supplier relationship.
Find out where your current process would miss it.
Walk through your own onboarding flow with us and see where a fraudulent account would get through.