Accounts payable
Payment Check
protect the payment run from start to finish
ensure that every payment is made only to validated payees and validated accounts
Finance & IT systems are under attack
Today’s payment processes are typically fragmented, involve multiple stakeholders, and do not focus on assuring the validity of the payee and their bank account details.
This approach makes for a vulnerable process where data in finance and IT operations systems can be easily manipulated by both internal and external threat actors.
What organizations need today is a technology-driven and automated approach to making sure that no one within or outside the organization can manipulate payment file data.
The PaymentKnox™ path to confidence
1
Upload payment file
to the PaymentKnox portal
2
Scanning & analysis
by nsKnox technology
3
Exception report sent
& invalid payments blocked
Powerful protection of every payment run & proposal
Protect multiple payment file types including wires, ACH, domestic and international
Check & send alerts on policy exceptions whether the account is in the master data, and regarding amount, frequency, and more
Block payments to accounts not on the master data or which have policy exceptions
Solution Highlights
Checks
data in payment files in any ERP & other system, including Excel & bank files, and alerts to inconsistencies
Supports
both file-based and API-based integrations
Prevents
insider and outsider fraud attacks
Eliminates
the errors of manual processes
Protects
the payment run throughout the entire process and at every touchpoint
Protect payment runs & proposals
Real-time analysis of payment files
via integration with company systems for continual synch, or via nsKnox portal with proactive upload
Preventing manipulation of payment data
via integration with company systems for continual synch, or via nsKnox portal with proactive upload
Blocking payments to accounts not on the master data
via integration with company systems for continual synch, or via nsKnox portal with proactive upload
Preventing manipulation of payment data
via integration with company systems for continual synch, or via nsKnox portal with proactive upload
Trusted by leading global brands
Let’s talk to see if our solution meets your needs
It’s powerful and easy,
with no effort from IT and no changes to current processes are required.
nsKnox is a fintech-security company, enabling corporations and banks to prevent fraud and ensure compliance in B2B Payments. Founded and led by Alon Cohen, Founder & former CEO of CyberArk (NASDAQ: CYBR), nsKnox solutions help organizations avoid significant financial losses, heavy fines, and reputational damage.
Leveraging its patented Cooperative Cyber Security™ (CCS) and groundbreaking Bank Account Certificate™ technology, nsKnox’s solutions detect and prevent finance & ops infrastructure attacks, social engineering, business email compromise (BEC), insider-fraud and other Advanced Persistent Fraud attacks.