TruePayables for Controllers & CFOs
Get visibility into vendor risk. Ensure payment controls are enforced. Document everything.
The challenges finance leaders face
Vendor fraud is a board-level risk, but controls are often ad-hoc and undocumented.
Limited Visibility
Vendor risk is managed at the transaction level. There's no organization-wide view of which vendors have verified histories and which don't.
Inconsistent Controls
Verification processes vary by person and by day. There's no guarantee the same rigor is applied to every high-risk payment.
Audit Exposure
When auditors ask about vendor verification procedures, the answer is often policies and training—not documented evidence.
Fraud Risk
BEC and vendor impersonation attacks are increasing. Without systematic controls, the organization is exposed.
How TruePayables helps
Organization-wide Visibility
See all vendors, their verification status, and any flagged changes across the entire organization.
Configurable Controls
Set approval thresholds by amount, vendor type, or risk level. Ensure high-risk payments always require verification.
Compliance Documentation
Generate audit-ready reports showing verification history, approval chains, and control effectiveness.
Risk Metrics
Track vendor risk over time. See which vendors have strong verification histories and which need attention.
See your vendor risk at a glance
Example metrics from a TruePayables dashboard. Your organization will build these metrics as invoices are processed.
Audit-ready from day one
TruePayables creates a complete audit trail for every vendor interaction. When auditors ask about your vendor verification controls, you can show them:
- Vendor verification history
Every change detected, when it was flagged, and how it was resolved.
- Approval chains
Who approved what, and when. Complete documentation of the decision process.
- Control effectiveness
How many changes were detected, how they were resolved, and control coverage metrics.
- Policy compliance
Evidence that configured controls are being followed consistently.
Get visibility into vendor risk
Book a demo to see how TruePayables provides organization-wide vendor controls.