Detecting Duplicate Payments in ERP
Duplicate vendor payments challenge every organization. Learn why ERP controls fail and how Detelix AI/ML stops duplicates before money leaves the company.
How to Crack Errors and Frauds Worth Millions
How to Crack Errors and Frauds Worth Millions Cracking Payment Errors and Frauds in ERP Systems In today’s business world, organizations often hit a “wall” – whether it’s market competition, saturated industries, or complex financial processes. Overcoming that wall requires more than hard work. It requires a breakthrough – a crack. At Detelix, we specialize […]
The Hidden Dangers of 30 Days of Credit in an ERP System
Current 30 days and supplier credit management ERP (Enterprise Resource Planning) systems, such as SAP, Oracle, Priority, and Tafanit, improve business processes, streamline activities, and ensure the flow of information between departments. Poor credit days management (current plus) creates serious financial risks, such as processing invoices too early, paying early, and miscalculations. These problems hurt […]
The hidden risks of verifying a supplier’s bank account
In today’s digital age, financial security is a top priority for businesses. ERP systems, such as SAP, Oracle, Priority, and Tafnit, have revolutionized the management of financial processes and supplier relationships. However, when suppliers request changes to supplier bank accounts , relying solely on supplier bank verification can expose your organization to fraud. Fraudsters exploit weaknesses in traditional verification […]
How the host saved herself thanks to Detelix – a system for detecting fraud and abuse
Nowadays, advanced technology has become a central tool in identifying errors and preventing embezzlement in organizations. But is it possible for an intelligent system to not only identify anomalies – but also become a tool for the fraudster himself? The incident described here demonstrates how Detelix, far beyond being a detection and warning monitoring system, […]
Detecting Embezzlement
Over the years, many embezzlements have been discovered in Israel. Most embezzlements are discovered by chance as a result of the embezzler’s dismissal, an unusual external event such as coronavirus or war, a bank report of a discrepancy, a request from a supplier, etc. The question arises as to why, despite awareness of the risk […]
Fraud and Abuse Detection System: The Key to Preventing Fraud in Business
In the modern business world, large organizations are faced with many challenges, including the constant risk of fraud and abuse. An ERP (Enterprise Resource Planning) system is a vital tool for managing an organization’s resources, but it can also be a weak point if appropriate security measures are not implemented. In this article, we will […]