Protect your business from vendor fraud right from the very first steps with Trustpair’s integration into Coupa’s interface, leading S2C Suite. Thanks to Trustpair’s instant and global bank account validation, your new supplier onboarding experience is secure and efficient.
Trustpair’s integration with COUPA streamlines the Source-to-Pay process from the earliest stage when onboarding a new supplier. Onboard any international new supplier in COUPA with peace of mind. Save time and prevent fraud thanks to account validation automation embedded in COUPA’s “New Supplier Onboarding Form”. Our seamless integration eliminates tool-switching hassle, reducing errors and preventing vendor fraud.
Access reliable and global account validation in 190 countries provided by the most effective combination of banking data, smart algorithms and human expertise.
Empower your Procurement team by wiping out manual and time-consuming tasks, facilitating operational excellence and mitigating costly errors when onboarding a new supplier.
Trustpair’s native connector with Coupa was built for demanding corporate tailor-made projects upholding the highest industry standards for security compliance.
Trustpair boosts your productivity by replacing time-consuming and manual tasks with automated and international account validation directly integrated into COUPA’s new supplier submission form. Fill in information in your familiar Coupa Supplier onboarding form and submit to get instant results on global account validations.
For each onboarded supplier, avoid fraud at an early stage activating Trustpair’s evaluation engine before supplier approval is completed. “Trustpair Remote Approver” performs global account validation based on supplier information such as tax registration (including local ID and TVA number) or DUNS number, as well as bank account details, mitigating risks before final approval.
Coupa instantly responds back with outcomes and comments related to the validation result. Three outcomes can be expected from Trustpair’s evaluation result inside Coupa’s interface: ranging from favorable to unfavorable or pending. Available in the supplier onboarding form – assess whether the company is active, the bank account is valid and the bank account belongs to the company.
Discover how finance teams successfully to automate and streamline their account validation processes in COUPA.
"Trustpair gives us more reliability and peace of mind. The financial director is more serene when it comes to approving the transfer order."
"With Trustpair’s verification methodology, it's no longer just a consistency check but an exact confirmation of the validity of the third party: there is no longer any risk."
"With Trustpair, we are able to automatically and quickly monitor our third parties and ensure the security of that very data over the long term."
“I would definitely recommend Trustpair to finance departments. It makes adding and modifying beneficiaries more reliable, without resorting to manual processes that are cumbersome, time-consuming and fallible.”
“The control process is simplified with the Trustpair solution, the Finance Department is reassured and, above all, it no longer needs to waste time performing manual checks to verify a supplier's bank details.”
"Trustpair adapts very well to the specifics of our market and our way of working. Several features are developed as we work together. That's a real plus."
"Trustpair has become more than a reflex; it has become an obligation. The team no longer validates an IBAN unless Trustpair has confirmed it to us."
Thanks to Trustpair, we’ve made a significant shift in our security processes and filled the gaps we needed to fill. Trustpair has proved to be a committed and trustful partner and we’ve appreciated the support and transparency.
We’ve gone from manual and time-consuming fraud controls to automated bank account validation done directly in SAP. The workload has been drastically reduced and payment security is now guaranteed.
Experience Seamless Security in Action. Request Your Demo Today!
Coupa is the leading Business Spend Management platform, connecting teams and delivering new levels of performance and purpose. Coupa drives greater value through a unified platform and the power of community. Coupa helps teams collaborate to build more agile and sustainable operations, delivering intelligent and responsible spend strategies to meet their companies’ purpose.
B2B payment fraud takes many forms: CEO scams, phishing, supplier fraud, etc. To summarize, it’s all the ways fraudsters can embezzle funds from a company. Scammers are more and more innovative, often resorting to sophisticated cybercrime.
One of the most common ways is using identity theft to change banking information and have money sent to fraudulent bank accounts. Thieves can use vendors or even employees to change banking credentials.
This type of fraud is difficult to detect: that’s why it’s crucial to have an automated solution like Trustpair that checks bank account ownership.
B2B payment fraud can occur in a procurement tool when there are vulnerabilities or weaknesses in the system’s security protocols. Fraudsters may exploit these weaknesses to impersonate suppliers during registration. Here are some common scenarios in which B2B payment fraud can take place within a procurement tool:
To mitigate the risk of B2B payment fraud in a procurement tool, organizations should implement robust security measures, such as multi-factor authentication, encryption, and regular security audits. Employee training programs on recognizing and reporting potential fraud attempts are also essential. But essentially, conducting due diligence on new suppliers and verifying the authenticity of supplier information and its bank account ownership with software like Trustpair can help prevent fraud.
Trustpair is integrated directly within COUPA interface and does not require users to leave the platform. You can submit a new vendor onboarding form and validate their bank account ownership automatically during the process.