Procure-to-Pay Audit & Fraud Detection
Detect fraud, duplicate payments, and policy violations in your P2P process. Complete audit in 3 days instead of 6 weeks with 100% transaction coverage.
Comprehensive P2P Analysis
Duplicate Detection
- Duplicate invoice numbers
- Same amount + vendor + date
- Multiple payments for one invoice
- Duplicate vendor detection
- Same bank account across vendors
3-Way Matching
- PO vs Invoice vs GRN match
- Quantity variances
- Price variances
- Missing GRN/PO
- Unauthorized purchases
Policy Violations
- Split order schemes
- Approval limit bypasses
- Unauthorized vendors
- Missing approvals
- Payment timing issues
Vendor Fraud
- Employee-owned vendors
- Vendor bank account duplicates
- Ghost vendors (no transactions)
- Round-number invoices only
- Single-invoice vendors
Price Analysis
- Contract rate vs invoice rate
- Price variance analysis
- Vendor concentration risk
- Early payment discounts missed
- Pricing trends
Related Party Checks
- Vendor-employee matches
- Bank account overlaps
- Address duplicates
- Phone/email matches
- Conflict of interest
Real Results from Clients
₹50L
Duplicate Invoices Detected
IDFC First Bank - 200 branches audited
₹10Cr
Fraud Prevented
BT Sourcing - 5 vendors, same bank account
95%
Time Reduction
6 weeks → 3 days for complete P2P audit
Who Uses P2P Audit
Internal Audit Teams
Conduct periodic P2P audits to detect fraud and ensure policy compliance
- Fraud detection
- Policy compliance
- Risk assessment
- Audit efficiency
Procurement Teams
Monitor vendor payments and identify cost savings opportunities
- Duplicate prevention
- Vendor analysis
- Cost optimization
- Process improvement
Finance Controllers
Ensure payment accuracy and prevent financial leakage
- Payment accuracy
- Leakage prevention
- Control monitoring
- Risk mitigation
External Auditors
Perform P2P testing as part of financial statement audits
- Audit evidence
- Control testing
- Fraud indicators
- Substantive testing
Transform Your P2P Audit
Detect fraud and policy violations in days, not weeks