FISCAL Technologies
18 Case Studies
A FISCAL Technologies Case Study
Allscripts, a global healthcare IT solution provider, faced a challenge where manual, retrospective checks for overpayments were costly and inefficient. These errors impacted their working capital, and their existing ERP system could not detect all supplier and invoice issues. To proactively mitigate these risks, they turned to FISCAL Technologies for an automated solution.
FISCAL Technologies implemented its AP Forensics and later its upgraded P2P risk management software. This solution automates the analysis of transactions, identifying high-risk suppliers and potential overpayments before the weekly payment run. The results included significant time savings, a reduction in duplicate payments, protection from fraud, and process improvements, all of which safeguarded Allscripts' working capital and provided an excellent return on investment.