Trustpair, leading payment fraud platform, enables access to its core features seamlessly on SAP ECC6. International Account Validation, Vendor Database Monitoring, Payment Files Checks : work with secure vendor data along the P2P process and prevent payment fraud.
Trustpair’s integration with SAP ECC6 streamlines the procure-to-pay process, offering seamless fraud prevention directly within your ERP.
This means users can effortlessly enhance payment security, automate vendor account validation and bank account ownership, and maintain data accuracy. All directly within SAP ECC6.
It streamlines the procure-to-pay journey, saving time, and ensuring trustworthy payment campaigns, ultimately making the entire process more secure and efficient. For users of other versions of the SAP suite, we also feature a SAP S/4 HANA native connector.
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 ECC6.
Trustpair helps you boost productivity by replacing time-consuming and manual tasks with automated and international account ownership verification, directly in SAP ECC6.
Define rules in your SAP ERP 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.
"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.
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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:
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 can also detect any suspicious activity early and mitigate damage caused by any potential fraud.
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 SAP ECC6 interface and does not require users to leave the platform. You can register a new vendor and validate their bank account ownership automatically during the process. You can also parameter continuous monitoring through the SAP interface and finally get confirmation of vendor validation just before sending Payment proposal. We control vendor credentials throughout all the supply chain.
Having Trustpair directly within your SAP ECC6 platform will enhance user experience: no need to switch from one tool to another and use multiple systems. Trustpair becomes a part of your ERP – almost like a module.
Please keep in mind that Trustpair offers integrations with other versions of the SAP suite like SAP S4/ HANA. In fact, we have a dedicated S/4 HANA native connector. We also offer a cloud version if needed: contact our sales team to learn more!
