Specialised Expertise. Stronger Financial Controls.
Our specialised assessment services are designed to provide an independent and objective view of the risks and vulnerabilities within your financial operations. Through a tailored, risk-based approach, we assess your processes, controls, governance, and security environment to identify areas for improvement and provide practical recommendations that strengthen resilience, reduce fraud exposure, and support long-term financial integrity.
Vendor Onboarding & Third-Party Risk
Your vendor management process is a critical control point within the Accounts Payable function. Weaknesses in supplier onboarding, master data management, and vendor maintenance can create opportunities for vendor fraud, fictitious suppliers, payment diversion, duplicate vendors, and unauthorised changes to sensitive supplier information.
Our Vendor Management Security Assessment provides an independent evaluation of the people, processes, and controls that govern your supplier lifecycle. We assess every stage of the vendor management process—from supplier onboarding and due diligence to master data maintenance, change management, and ongoing governance—to identify vulnerabilities before they can be exploited.
Our assessment includes:
- Supplier onboarding and due diligence procedures
- Vendor master data governance and data integrity
- Verification and validation controls for new and existing suppliers
- Segregation of duties and approval workflows
- Vendor change management controls
- Bank account change verification procedures
- Detection of duplicate, inactive, or high-risk vendors
- Access controls and user permissions
- Monitoring, audit trails, and exception reporting
- Alignment with fraud prevention and internal control best practices
Following the assessment, you receive a detailed report outlining identified risks, control gaps, and practical recommendations to strengthen your vendor management framework. Our recommendations are prioritised based on risk and business impact, enabling your organisation to enhance supplier governance, improve control effectiveness, reduce fraud exposure, and increase confidence in the integrity of your Accounts Payable processes.
By proactively identifying weaknesses within your vendor lifecycle, your organisation can reduce financial and operational risk, strengthen compliance, and build a more resilient control environment that supports secure and efficient payment operations.
Invoice Processing & AP Controls
The invoice processing cycle is one of the most targeted areas within Accounts Payable. Ineffective validation procedures, manual processing, inadequate approval controls, and weak governance can expose organisations to duplicate payments, fraudulent invoices, payment errors, and business email compromise (BEC)-related fraud.
Our Invoice Processing Security Assessment provides an independent evaluation of your invoice processing environment to identify control weaknesses before they result in financial loss or operational disruption. We assess the effectiveness of your invoice validation procedures, approval workflows, segregation of duties, automation controls, and exception handling to ensure invoices are processed securely, accurately, and in accordance with internal policies.
Our assessment includes:
- Invoice receipt and processing workflows
- Invoice validation and three-way matching controls
- Approval workflows and delegated authority controls
- Segregation of duties across the invoice lifecycle
- Duplicate invoice detection and prevention
- Exception handling and manual override procedures
- Fraud detection controls and payment verification
- ERP configuration and workflow effectiveness
- Audit trails, monitoring, and reporting capabilities
- Alignment with internal control and Accounts Payable best practices
Following the assessment, you receive a comprehensive report detailing identified vulnerabilities, control gaps, and practical recommendations to enhance the security and efficiency of your invoice processing environment. Recommendations are prioritised based on risk and business impact, providing a clear roadmap for strengthening internal controls and improving operational resilience.
By identifying weaknesses before they can be exploited, our assessment helps organisations reduce the risk of duplicate payments, invoice fraud, processing errors, and control failures while enhancing governance, increasing process integrity, and building a more resilient and secure Accounts Payable function.
Payment Authorisation & Banking Controls
The payment process represents the final and most critical stage of the Accounts Payable lifecycle. Any weakness in payment authorisation, approval workflows, banking controls, or segregation of duties can result in significant financial losses, payment fraud, unauthorised transactions, or business email compromise (BEC) attacks. As fraud schemes continue to evolve, organisations require robust controls that protect every payment before funds leave the business.
Our Payment Controls Security Assessment provides an independent evaluation of the governance, processes, and security controls surrounding your payment environment. We assess the effectiveness of payment authorisation workflows, approval hierarchies, banking controls, and system configurations to identify vulnerabilities that could be exploited by internal or external fraudsters.
Our assessment includes:
- Payment authorisation workflows and approval hierarchies
- Segregation of duties across the payment lifecycle
- Banking controls and payment release procedures
- Dual authorisation and multi-level approval controls
- Payment file security and transmission controls
- Bank account verification and beneficiary management
- Controls for urgent, manual, and exception payments
- ERP payment configuration and user access controls
- Audit trails, payment monitoring, and exception reporting
- Alignment with leading practices for payment security and fraud prevention
Following the assessment, you receive a comprehensive report detailing identified control gaps, operational risks, and practical recommendations to strengthen your payment control framework. Recommendations are prioritised according to risk and business impact, providing a clear roadmap for improving governance, reducing fraud exposure, and enhancing the integrity of your payment processes.
By proactively identifying weaknesses before they can be exploited, our assessment helps organisations strengthen payment governance, prevent unauthorised or fraudulent transactions, improve regulatory compliance, and build a resilient payment control environment that safeguards financial assets and reinforces confidence in the Accounts Payable function.
Internal Financial Controls Assessment
A strong internal control environment is fundamental to protecting financial assets, maintaining accurate financial reporting, and ensuring that financial processes operate with the appropriate level of oversight and accountability. Weak or inconsistent controls can create gaps in governance, increase the risk of fraud and error, and reduce management visibility across critical financial processes.
Our Internal Financial Controls Assessment provides an independent and structured review of the controls that govern your financial operations. We evaluate the design and effectiveness of key controls across finance and Accounts Payable, with a focus on governance, accountability, compliance, risk management, and operational resilience.
Our assessment includes:
- Financial governance frameworks and control structures
- Roles, responsibilities, and accountability across finance functions
- Segregation of duties and access controls
- Approval authorities and delegated permissions
- Key financial and Accounts Payable processes
- Policies, procedures, and control documentation
- Monitoring, reporting, and management oversight
- Exception management and escalation procedures
- Audit trails and evidence of control performance
- Compliance with internal policies and relevant control requirements
- Identification of control gaps, inconsistencies, and areas of excessive manual intervention
- Assessment of the overall maturity and resilience of the control environment
We assess not only whether controls are formally established, but also whether they are operating effectively in practice. This enables us to identify weaknesses that may remain hidden within day-to-day financial operations and determine where improvements can have the greatest impact.
Following the assessment, we provide a comprehensive report highlighting key findings, control deficiencies, areas of risk, and practical recommendations. Recommendations are prioritised according to risk, business impact, and implementation considerations, giving management a clear and actionable roadmap for strengthening the organisation's control environment.
By proactively identifying and addressing weaknesses in internal financial controls, organisations can improve accountability, enhance governance, reduce exposure to financial and operational risk, and establish a stronger foundation for sustainable financial resilience.