TRAILD has been designed to improve strengthen risk management. TRAILDs supplier verification ensures you are making the right payment to the right account everytime, reducing the risk of invoice fraud.
An invoice from a new supplier in TRAILD automatically has their details extracted and cross checked by TRAILD and if confirmed accurate, TRAILD will verify the supplier. This is because many suppliers have already been verified on the TRAILD network. So you can feel confident using these verified details to make payments immediately.
TRAILD has a deep knowledge of all the suppliers across our network. TRAILD's system comprises of an always-growing network of trusted verified businesses - so we protect business payments together. With TRAILD you are not alone in the fight against invoice fraud.
Know a new suppliers details are verified and trusted with TRAILD cross-checking key information like bank accounts, business credentials, and identity against the network.
By being part of TRAILD, you help strengthen collective security, as your interactions with suppliers contributes to a network of knowledge that protects others. In return, you benefit from insights on supplier behavior from across the network, helping to detect risks and avoid fraud. Together, businesses become stronger, leveraging the power of shared knowledge to create a safer environment for everyone.
TRAILD ensures you only pay the right accounts by verifying supplier details before payments take place. If a supplier cannot be verified, it raises a red flag, encouraging caution and closer inspection. Verified suppliers, on the other hand, bring confidence, as their account details are confirmed against a secure network.
We had a couple of near misses with incorrect supplier invoices, so we were looking to protect ourselves and add an extra layer of security across the company. TRAILD was a winner
We could see the benefits right away! It has already saved us from paying the same supplier invoice twice by mistake!
TRAILD has made our AP process incredibly efficient and secure, saving hours in manual processin g and helping me identify the high risk payments that need further review.
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