Trustpair

Trustpair is a fraud prevention platform designed to protect companies from payment fraud. It caters to businesses of all sizes, from small enterprises to large corporations, and is particularly beneficial for finance teams, CFOs, treasurers, account payables, and financial process managers. According to the vendor, Trustpair's solutions are widely used across industries such as banking and financial services, manufacturing, retail, healthcare, and technology.

Key Features

One Platform. Zero Fraud.: According to the vendor, Trustpair provides a comprehensive solution to protect companies from payment fraud by offering a single, integrated platform that combines reliable global vendor data, automated account validations, and cross-functional workflows.

Trustpair Global Evaluate: According to the vendor, this pillar of the Trustpair platform focuses on vendor data management and risk assessment. It aggregates vendor data from various reliable sources, enriches it, and continuously monitors for anomalies and risks, providing real-time alerts.

Trustpair Collaborate: According to the vendor, Trustpair Collaborate streamlines fraud identification and management by providing intuitive dashboards, customized workflows, and real-time notifications. It facilitates collaboration within teams and across departments, ensuring prompt actions to mitigate fraud risks.

Trustpair Connect: According to the vendor, Trustpair Connect enables seamless integration with existing enterprise tools by offering native connectors for popular software like SAP S/4HANA, SAP ECC6, and SAP ARIBA. It ensures automatic account validations embedded within the procure-to-pay (P2P) ecosystem.

Automatic Account Validations: According to the vendor, Trustpair provides automated account validations leveraging a vast network of financial institutions to ensure the accuracy and validity of vendor bank accounts. It aims to eliminate manual errors, save time for finance teams, and ensure compliance with regulations.

Continuous Vendor Data Monitoring: According to the vendor, Trustpair continuously monitors vendor data to detect any changes or anomalies that may indicate fraud risks. It provides real-time alerts and notifications, aiming to ensure the reliability and accuracy of the vendor database and compliance with internal control policies.

Secure Payments: According to the vendor, Trustpair's platform includes features to secure payment processes and prevent payment fraud. It aims to detect suspicious behavior in payment files, such as duplicates or anomalies in payment amounts, and ensure payments are issued to the right vendors, minimizing the risk of fraudulent transactions.

Vendor Data Monitoring: According to the vendor, Trustpair's platform offers comprehensive vendor data monitoring, automatically identifying erroneous vendor information and providing alerts for necessary actions. It aims to help maintain compliance with internal audit and regulatory requirements.

Account Validations: According to the vendor, Trustpair provides instant and automated account validations for vendor bank accounts, aiming to verify the validity and ownership of bank accounts. It covers both domestic and international vendors, aiming to eliminate manual processes and improve efficiency for finance teams.

Integrations - Trustpair API: According to the vendor, Trustpair offers an API for seamless integration with existing enterprise tools and systems. It allows organizations to embed Trustpair's fraud prevention technology within their own software applications, supporting secure and efficient data exchange between systems.