Catch invoice fraud before you pay
Duplicate submissions, phantom invoices, inflated amounts, and unauthorized charges — AI flags them for your team before payment clears.
Every Invoice
Duplicate-Checked
PO + Receipt
Required to Clear Match
Every Line
Price Validation
Complete
Audit Trail
The problem
Why manual processes leak money and slow your business.
Fraud is widespread
In AFP's 2026 Payments Fraud and Control Survey, 76% of organizations reported attempted or actual payments fraud in 2025. Fake and altered vendor invoices are a common route in — and generative AI makes convincing fakes easier to produce.
Manual review can't keep up
At scale, human reviewers catch obvious duplicates but miss subtle overcharges, re-sent duplicates, and phantom invoices with legitimate-looking details.
The cost of a missed catch
The typical occupational fraud runs about 12 months before it is detected (ACFE Report to the Nations 2024). The longer it runs, the higher the cumulative damage.
The solution
How inferonIQ solves each pain point.
Content-based duplicate detection
SHA-256 fingerprinting of vendor and line content catches duplicates regardless of invoice number, filename, or date.
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
Near-duplicate vendor records and bank-account changes are flagged for verification before money moves.
Complete audit trail
Every match decision, correction, approval, override, and exception is logged with timestamps and user attribution.
Segregation of duties
Compliance checks flag when the same person creates a vendor and approves its 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 vendor, line items, quantities, and prices — ignoring cosmetic differences like dates or invoice numbers.
Duplicate scan
New invoice fingerprint compared against all historical hashes. Catches re-submissions and re-sent copies of the same charge under a new invoice number.
Phantom invoice detection
3-way match requires valid PO + goods receipt. Invoices without matching purchase authority flagged immediately — no PO means no clean match.
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
Vendor records checked for near-duplicate names and missing tax or master data; a changed bank account on an invoice is flagged for verification with the vendor.
Policy & threshold controls
Compliance checks flag non-PO spend above your limit, high-value invoices approved without the required review, and segregation-of-duties conflicts.
Exception hold
Suspicious invoices are held with full evidence — the reason for flagging, dollar impact, and recommended action — and assigned to a named owner.
Audit trail & reporting
Complete log of every decision. Reports ready for SOX testing, internal audit, and forensic review.
Related capabilities
See what we find before you commit.
Read-only connection. We review a sample of your invoices, agreements and supplier spend, then hand back a findings report with specific figures. If there is nothing to recover, there is nothing to pay.