Catch Invoice Fraud Before You Pay
Duplicate submissions, phantom invoices, inflated amounts, and unauthorized charges — AI catches them all before payment clears.
100%
Duplicate Detection
$0
Phantom Invoice Risk
Every Line
Price Validation
Complete
Audit Trail
The Problem
Why manual processes leak money and slow your business.
Fraud Is Growing
PwC reports 51% of organizations experienced fraud in the past two years. Invoice fraud is one of the most common vectors — and generative AI is making it easier to create convincing fakes.
Manual Review Can't Keep Up
At scale, human reviewers catch obvious duplicates but miss subtle overcharges, reformatted duplicates, and phantom invoices with legitimate-looking details.
The Cost of a Missed Catch
The average invoice fraud loss per incident is $123,000. Many go undetected for months — the longer they run, the higher the cumulative damage.
The Solution
How inferonIQ solves each pain point.
Content-Based Duplicate Detection
SHA-256 fingerprinting catches duplicates regardless of invoice number, filename, or date formatting changes.
Price Variance Detection
Line-level comparison against PO prices catches padding and inflated amounts that header-level checks miss.
Phantom Invoice Prevention
3-way matching requires a valid PO and receipt. Invoices without matching purchase authority are flagged immediately.
Vendor Master Validation
AI-powered vendor deduplication and normalization prevents fraudulent vendor records from being created.
Complete Audit Trail
Every match decision, approval, override, and exception is logged with timestamps and user attribution.
Segregation of Duties
Built-in controls prevent the same person from creating vendors and approving payments.
Complete Workflow
Every step from receipt to payment — fully automated.
Invoice Ingestion & Fingerprinting
Every invoice is hashed (SHA-256 content fingerprint) at ingestion. The hash captures line items, amounts, and vendor — ignoring cosmetic differences like dates or invoice numbers.
Duplicate Scan
New invoice fingerprint compared against all historical hashes. Catches re-submissions, reformatted duplicates, and split invoices that represent the same charge.
Phantom Invoice Detection
3-way match requires valid PO + goods receipt. Invoices without matching purchase authority flagged immediately — no PO means no payment.
Price Variance Check
Every line item compared against PO contracted price. Even 1-cent overcharges flagged when multiplied across thousands of units.
Vendor Master Validation
AI-powered vendor deduplication catches fraudulent vendor records — similar names, shared bank accounts, or suspicious registration patterns.
Pattern Analysis
ML models identify billing patterns consistent with fraud: round amounts, invoices just below approval thresholds, unusual frequency changes.
Exception Quarantine
Suspicious invoices quarantined with full evidence package — the reason for flagging, dollar impact, and recommended action.
Audit Trail & Reporting
Complete immutable log of every decision. Compliance-ready reports for SOX, internal audit, and forensic review.
Related Capabilities
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