Enable your procurement team to effectively control their global supplier network and prevent payment fraud in Ivalua.
Trustpair’s connector enables procurement teams to validate vendor bank account ownership within Ivalua directly, prior to submitting them to an ERP or a supplier management tool. By validating suppliers’ bank details at the very start of the procure-to-pay process, fraudulent cases are immediately rejected.
Using Trustpair in Ivalua guarantees streamlined processes, 100% reliable supplier data, and the peace of mind that comes with a sound supplier database.
Boost your productivity by automating global account validation directly within your procurement registration form, replacing manual, time-consuming tasks. Eliminate manual double-checking and the risk of errors with immediate validation results.
Manage the sourcing-to-contract cycle effectively for each vendor onboarded. Identify fraudulent vendors early to prevent invalid data transfer to your ERP system. Ensure accurate vendor data handling and fraud prevention.
Avoid tool-switching hassle: integrate Trustpair effortlessly within Ivalua through our native connector. Trustpair’s integrated account validation promotes secure, transparent third-party registration and fraud protection directly within your procurement tool
Trustpair protects your company from payment fraud.
Automate account validation during supplier registration with Trustpair. As your teams fill in new vendor details, Trustpair automatically verifies company information, bank details, and the correlation between the two, providing an assessment directly in Ivalua.
Access records, dashboards, and dedicated analytics on Trustpair’s web-app to easily track account validations throughout the P2P process to secure payments.
Discover how finance teams successfully to automate and streamline their account validation processes in Ivalua.
"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."
"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."
"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."
"Trustpair protects all the payment chain, reassures employees of their responsibility and makes the managers aware of the risks."
"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."
"Trustpair effectively validates bank account ownership for vendors requesting bank changes, which aids in fraud prevention. I also appreciate the coverage that Trustpair provides."
"What we value most about Trustpair is its ease of use and ability to provide clear risk insights. It enables us to focus on critical areas, streamline fraud prevention, and maintain compliance worldwide. The platform’s global reach and integration capabilities make it an essential part of our financial security strategy."
"An easy-to-use tool, international scope on controls, speed, reliability. A team attentive to clients, responsive and creative."
"Flawless security, Great Automation and Support."
"Ease of use, implementation, features and customer support."
"The Trustpair solution secures financial transfers, with ease of use and proven efficiency."
Experience Seamless Security in Action. Request Your Demo Today!
Ivalua is a robust procurement software aiding in the digital transformation of purchasing cycles. It not only functions as a B2B marketplace for companies and their suppliers to collaborate and transact but also offers a plethora of strategic tools.
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.
