Logo
Sign in
Product Logo
SAS Payment Integrity for ProcurementSAS

Continuously monitor procurement data and systems to reduce losses and optimize processes for purchasing goods and services.

Vendor

Vendor

SAS

Company Website

Company Website

1732136888127.avif
Product details

SAS Payment Integrity for Procurement

Uncover procurement risks earlier than ever. Reduce financial losses. Protect your reputation.

Continuously monitor supplier, vendor, contract & staff activity to spot early warning signs

More effective monitoring starts with better procurement data management. Combine structured and unstructured data from virtually any source across databases, systems, agencies and even third parties. Sophisticated data quality techniques – including data matching, deduplication and entity resolution – are applied automatically to create a single, holistic view of a vendor. Continuous monitoring of all activities lets you quickly identify high-risk events that warrant further review – before money goes out the door.

Quickly distinguish high-risk procurement activities from low-risk ones

Our procurement data management model combines AI, procurement-specific scenarios and decades of forensic expertise. It uses a hybrid detection approach with a risk-scoring engine that integrates business rules, anomaly detection, predictive modeling and link analysis to identify suspicious activities with greater accuracy. Risk and value-based scoring models automatically prioritize alerts, reducing false positives and allowing staff to focus on high-risk items.

Boost staff productivity across the procure-to-pay life cycle

An intuitive interface offers powerful analysis tools, including interactive visualizations and advanced search capabilities, for precise data retrieval, enabling thorough vendor and network risk assessments. Quickly identify potential issues and make informed decisions with detailed vendor profiles, risk breakdowns and interactive timelines. Our streamlined platform empowers your team to optimize the procure-to-pay process, boosting productivity and minimizing risks.

Make faster decisions with automated analysis & reporting

We've automated much of the procurement data management, alert generation and workflow to streamline operations and enable staff to make decisions quickly. Users can review all relevant data, perform advanced searches and apply time-bound or geospatial capabilities in a single platform. Automated reporting provides information to key decision makers in the form of dashboards, portals, web analytics, mobile reporting, briefing, alerts and more.

Key features

Spot early warning signs that could indicate procurement risks and improve your investigative processes with advanced procurement data management tools for analysis.

Data management

Accesses, combines, cleanses and compares all relevant structured and unstructured data from disparate internal and external data sources, including third parties.

Powerful advanced AI & analytics

Includes a procurement analytics data model, procurement-specific scenarios and a large set of predefined scenarios developed using decades of experience and expertise.

Business rule development

Lets you import existing business rules and add to or modify them as new schemes are uncovered using a closed-loop learning system.

Detection & alert generation

Scores transactions with an online scoring engine that uses a hybrid approach – including business rules, anomaly detection, predictive modeling and associative link analysis – to spot suspicious activity.

Alert management

Combines alerts from multiple monitoring systems, associates them with common data and provides a more complete view of procurement risk.

Social network analysis

Goes beyond individual invoices, payments and purchase orders to analyze all related activities and relationships at a network dimension. Provides an intuitive interface that lets staff identify linkages among seemingly unrelated events and entities.

Case management

Enables disposition of high-risk vendors, contractors or suppliers to case management workflows that allow interested parties to assess risk and make determinations on a case.

Interoperability

Open APIs support application access to and from SAS to leverage non SAS corporate assets and infrastructure so everyone can make data-driven decisions.

Find more products by segment
Large BusinessMedium BusinessView all