How to Hunt Down Duplicate Payment Errors and Reduce False Positives
Even with a diligent Accounts Payable department, how can you distinguish between mistakes and false positives? DataShark can do it for you.
For A/P departments that engage in loss recovery programs, false positives are the fly in the ointment: traditional audit tools either miss duplicate payment errors or are disrupted by a flood of false positives.
For the best results, you need a tool that has been tailor-made to reduce the noise of false positives. Technology Insight has created that tool: DataShark. Our powerful algorithms are programmed to seek out every duplicate payment error with speed and accuracy, all while minimizing the frequency of false positives. You can focus on streamlining your A/P department – DataShark will take care of the rest.
This guide will help you:
- Determine the risk posed by duplicate payment errors
- Define the impact of false positives on loss recovery systems
- Pinpoint the most common triggers of false positives
- Identify the most effective ways to remove false positives
- Learn about the benefits of the DataShark tool
- Understand what makes DataShark uniquely powerful, from algorithms made for P-card transactions to a proprietary manual refinement process