A small finance team lacks internal controls and a clear workflow to prevent and detect vendor payment fraud via ACH detail changes, with only one person able to modify records and make payments.

Implied Software Gaps

• Automated ACH verification system that contacts vendor via independently sourced phone number to confirm bank changes
• Workflow engine that enforces mandatory approvals for vendor detail changes based on configurable risk rules

VendorGuard AP

A cloud-based AP automation platform that embeds fraud prevention controls directly into vendor management and payment workflows. It enforces multi-step verification for banking changes, provides clear approval trails, and dynamically adjusts review requirements based on risk level, so normal invoices flow quickly while high-risk vendor changes trigger extra checks.