Case Study: University of Portsmouth achieves over 500% ROI with FISCAL Technologies

University of Portsmouth achieves ROI of over 500%, by recovering and preventing duplicate payments

The University of Portsmouth faced a challenge with its accounts payable process, where siloed teams and a reliance on its ERP system led to undetected duplicate payments, fraud, and process compliance breaches. To address this, they implemented the Forensic Solution from FISCAL Technologies to gain oversight and proactive protection.

FISCAL Technologies' solution provided continuous monitoring of all invoices and the supplier master file, identifying high-risk transactions before payment. This implementation delivered an overall ROI of over 500% over three years, recovered £77,000 in duplicate payments, and created time savings equivalent to up to one full-time employee annually. The solution also prevented future losses and drove significant process improvements for the university.

University of Portsmouth

Vicky Bruce

Financial Controller