Getting to 0 fraud and 100% efficiency

Danone is a leading company in the Food and Beverage industry, founded in 1919 in Spain.
SECTOR
Food And Beverage
HEADQUARTERS
Paris, France
VENDOR
75
Challenges

Trustpair audited vendor data in batches by geographies to identify erroneous data. Vendors are now automatically controlled on the Trustpair platform when they’re added or in case of banking data update.

Solutions

Trustpair audited vendor data in batches by geographies to identify erroneous data. Vendors are now automatically controlled on the Trustpair platform when they’re added or in case of banking data update.

Results

75K vendors audited and cleaned and 100% payment security thanks to automated vendor account validation. 82% of controls done in less than 72h, for more efficiency.

Context and Issues
Before Trustpair, there was no centralized tool to audit and clean vendor data.
  • Time-consuming and manual controls were executed by the GBS team for new or modified vendors. The team wasn’t efficient.
  • There was no vendor data reliability or guarantee against fraud. Payment processes were fallible and insecure.
  • In 2023, Danone initiated an internal project named “Vault” to reach compliant, secure, & controlled bank data management reducing the risk of fraud and enabling optimized payment processing. Trustpair was chosen to ensure vendor data security for all business entities in the world.
MAuro Portela
Trustpair has really been up to expectations on the main KPIs we had defined at the beginning of the project. It’s safe to say we’ve reached both of our objectives of security and efficiency.
Mauro Portela
GBS - Managing Director Global MDM Operations
HOW IT WORKS

Reliable data and increased efficiency for the teams

Trustpair audited vendor data in batches by geographies to identify erroneous data and helped Danone clean these batches before they were migrated to SAP S/4 HANA.

Vendors are now automatically controlled on the Trustpair platform when they’re added or in case of banking data update, without human intervention. Data reliability and payment security are guaranteed.

On top of that, 82% of vendor data controls are done in less than 72 hours, increasing team efficiency and removing time-consuming manual tasks.

More stories await

Dive into our comprehensive resources to deepen your understanding of vendor payment fraud, cybersecurity, and the transformative power of Trustpair.

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