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Advanced launches next phase of its partnership with FISCAL Technologies

11/06/2021 minute read Daniel Docherty

Advanced is excited to launch the next phase of its partnership with FISCAL Technologies, offering new and existing customers a solid solution to safeguarding their business.

FISCAL is a finance-based software company that has spent 17 years perfecting and executing a Cloud-based solution for procure-to-pay (P2P) risk management, utilising NXG forensics Artificial Intelligence (AI). The solution strives to simplify the account payable processes for businesses, to improve loss prevention and step away from problematic manual data inputting. The integration of NXG forensics will enable customers to maximise the potential of their business and remain ahead of their competition by further streamlining their back-office processes.

Once installed and integrated, the NXG forensics software runs itself to take the stress away from organisations and their team. The system will seamlessly safeguard all transactions, whilst constantly running preventative programmes in the background that monitor fraud, revenue loss and compliance issues. Additionally, the forensics intelligence can automatically generate regular reports that provide business managers with an overview of their expenditure, revenue, and an insight into purchasing behaviours; for planning and forecasting intentions.

The non-invasive system is easy to navigate through the Advanced admin workspace and provides extensive trust when dealing with professional and confidential data. By strategically utilising the financial solution that Advanced will be delivering with FISCAL, organisations can spend less time on outdated labour-intensive tasks, and redirect their efforts towards value driven activity for their business.

Advanced is committed to delivering the highest quality service to its customers and is constantly striving to enhance and expand its capabilities. This partnership will develop the financial capabilities at Advanced further, to help customers boost their productivity, efficiency, and success.

Colin Rigby, Director of Strategic Alliances and Channel at FISCAL Technologies, commented:

“We are delighted to have reached such a prestigious milestone with Advanced on product integration, and to be part of the Advanced FMS offering. The development and joint integration of our service is testament, not only to our strong partnership with Advanced, but the 17 years of continued growth by FISCAL Technologies. Our research and development team strive constantly to improve and innovate our NXG Solution. Whilst protecting organisational spend through NXG Forensics, our partnership with Advanced will also help accelerate our innovation, engage deeper with customers and drive business growth.”.