Prevent Vendor Fraud in SAP S/4HANA

International Account Validation, Vendor Database Monitoring, Payment Files Checks: work with secure vendor data along the P2P process and prevent payment fraud. Trustpair gives access to its core features directly in SAP S/4HANA. 

What Trustpair brings to SAP S/4HANA

Trustpair’s integration with SAP S/4HANA streamlines the procure-to-pay process, offering seamless fraud prevention directly within the platform. 

This means users can effortlessly enhance payment security, automate vendor account validation and bank account ownership, as well as maintain data accuracy. 

All this directly within SAP S4HANA. Trustpair streamlines the procure-to-pay journey, saving time, and ensuring trustworthy payment campaigns, ultimately making the entire process more secure and efficient.

Benefits of Trustpair for SAP S/4HANA:
Vendor Fraud blocked in SAP ERP

Add a new vendor, handle change requests, maintain your vendor database, proceed to payment, and prevent error or fraud at any time! With systematic controls along the P2P journey, payment campaigns are 100% secure in SAP S/4HANA.

Save time by Automating Account Validation

Trustpair helps you optimize productivity by replacing time-consuming and manual processes with automated and international account ownership verification, directly in SAP S/4HANA.

Improve Vendor Data Accuracy

Trustpair ensures ERP data reliability thanks to continuous monitoring of your vendor database. This maintains data accuracy and allows for faster payment processing, resulting in a better ROI.

Stay Updated: Join Our Newsletter
KEY FEATURES
Key features of Trustpair
in S/4HANA
Trustpair protects your company from payment fraud.

Validate account ownership when onboarding a new vendor (XK01)

When registering new vendors (legal or natural persons) in SAP ERP S/4HANA (transaction XK01), enter the supplier’s company and bank details, go on the Trustpair tab, and get an immediate evaluation (Favorable / Unfavorable / Unconfirmed) of the match between companies and their bank details.

Monitor the vendor database continuously with real-time jobs

Set daily screening of your vendor master data file to detect errors and anomalies with jobs in the SAP ERP S/4HANA interface. Define custom settings such as countries, companies, and subsidiaries. Activate notifications and alerts for vendor status changes.

Payments Requests : Block fraudulent payments and errors (F110)

Define rules in your SAP S/4HANA to exclude “at risk” vendors from the payment requests (transaction F110), and be notified in case of risky situations. Leverage reports and dashboards in Trustpair’s web app to view excluded business partners and take action.

TESTIMONIALS
Voices of trust
Explore how our solutions have empowered businesses like yours 
to fortify against fraud and build a resilient financial ecosystem.
malika befares
Malika Benfares
Head of Treasury and Consolidation
sade-telecom-logo

"Trustpair gives us more reliability and peace of mind. The financial director is more serene when it comes to approving the transfer order."

Michele Bruno
Michele Bruno
CFO and Treasurer
decathlon-logo

"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."

Joffrey Tabouret
Joffrey Tabouret
Head of Treasury and Financing
leaseplan-logo

"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."

Fabrice meunier
Fabrice Meunier
Administrative and Financial Manager
keys-logo

“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.”

Fanny Harquel
Fanny Harquel
Accountability Manager
octopharma-logo

“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.”

Colin Cesena
Colin Cesena
Middle Office Treasury Manager
axereal-logo

"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."

Mechain Etienne
Etienne Mechain
Financial Manager
groupe-dehon-logo

"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."

mauro portela
Mauro Portela
GBS - Managing Director Global MDM Operations
danone

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.

Monika Razny
Monika Razny
Treasury and Corporate Finance Manager
edf renewables

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.

Your fortress against vendor fraud

Experience Seamless Security in Action. Request Your Demo Today!

FAQ
Frequently asked questions
Browse through our different sections and find the answer to your question.

SAP S/4HANA is an advanced ERP business suite built on the SAP HANA in-memory database. It enables real-time transactions and data analysis, facilitating digital transformation for organizations. S/4HANA simplifies ERP with a streamlined data model, a user-friendly interface, and integration of cutting-edge technologies like AI, machine learning, and IoT. It empowers businesses to become more flexible, responsive, and adaptable to changing requirements. Whether deployed on-premises or in the cloud, S/4HANA enhances business processes, offering a modern, data-driven approach to enterprise management.

Our platform Trustpair also features a native connector with other versions of the SAP such as SAP ECC6.

B2B payment fraud can occur in an ERP system when there are vulnerabilities or weaknesses in the system’s security protocols. Fraudsters may exploit these weaknesses to manipulate transaction data, create fake invoices, or steal sensitive financial information. Here are some ways that B2B payment fraud can occur in an ERP:

 

  • Insider threats: Employees with access to the ERP system may intentionally or inadvertently leak confidential information, alter data, or commit other fraudulent activities.
  • Phishing attacks: Scammers may send phishing emails impersonating legitimate vendors or employees, tricking users into providing login credentials or other sensitive data.
  • Malware and viruses: Attackers may inject malware or viruses into the system, giving them remote access to sensitive data and allowing them to carry out fraudulent activities undetected.
  • Weak passwords and access controls: If passwords and access controls are weak, fraudsters can easily gain access to the system and manipulate data.

 

To prevent B2B payment fraud in an ERP, companies must implement strong security measures and protocols such as multi-factor authentication, regular system updates, and employee training. Regular monitoring and audits also help detect any suspicious activity early and mitigate damage caused by any potential fraud. So does having access to key fraud analytics on a centralized product. This is where adopting a product like Trustpair, with critical anti-fraud capabilities and services comes in handy!

Trustpair is integrated directly within the SAP S4HANA interface and does not require users to leave the interface. You can register a new vendor and validate their bank account ownership automatically during the process. You can parameter continuous monitoring through the SAP interface and finally get confirmation of vendor validation just before sending the Payment proposal. We also integrate with another version of the SAP suite, SAP ECC6, and offer a cloud platform as well.