Data Management : Work with Trusted Vendor Data on a Daily Basis

The data within Vendor Databases expires over time: 30% of erroneous data is noticed in the vendor master file of Large Corporations. Ensure a right analysis of each of your data and quickly evaluate the risk within your tools —anywhere in the world.

• 360° overview of Vendor Data Health
• Alerts in case of payment rejection or payment error 
• Prioritize clean-up actions

Closed business, judicial liquidations, bank accounts changes: third party data may contain errors and evolve over time. Trustpair supports you in correcting, enriching, and controlling this data.

• Intelligent data enrichment suggestions
• Enrichment of banking and legal data
• Review of assessments on a case-by-case basis

Trustpair’s platform reduces the burden of cleaning up third-party data by 70%. Your database is monitored at all-time and is set up with an alert system up to date. Ensure that your financial teams manage third-party risks.

• Reports and real-time data updates
• Automatic detection of third parties at risk
• Detailed sheet for each third party

Setting up rules to detect suspicious payments is a time-consuming and risky task. Thanks to artificial intelligence, Trustpair analyzes payment habits and history to detect future transactions that are at risk

• Mutualization of payment habits 
• Duplicates and amount anomalies detection
• pecific cases management (false negatives, factoring, and more)