Avoid losses to invoice fraud and duplication
Invoice fraud is on the rise. Many companies do simple manual spot checks to spot fraud and duplication. But, this is not enough. Use AI powered invoice fraud detection software to scan every transaction in full, comparing to all previous transactions.
Spot invoice frauds and duplication before the cash goes out
Duplicate invoices lines or entire invoices can result from simple mistakes or deliberate fraud from suppliers. In the end, the motivation matters less than the threat to your bottom line.
Prevent losses
to fraudsters
AP departments are bombarded with invoices from fake suppliers and unauthorized requests to update remit-to information. AI-powered processing identifies suspicious transactions and frees up staff to investigate proactively.
Proactively stop
supplier overbilling
Inaccurate prices, missing discounts, reconciliation discrepancies, and unsubstantiated charges are all too common. Suppliers face the same challenges as buyers in manually reconciling each transaction for an accurate invoice amount. AI-powered reconciliation identifies overbilling proactively.
Full control over
duplicates with AI
Automatically scan the full content of every invoice to identify duplicate entry, letting you move from spot checks to AI powered full control.
Spot duplicate invoice entry at the line level
Compare each invoice line to every line from that supplier’s historical invoices. Double-billing at the line level across multiple invoices is very difficult to catch with manual checks.
Top questions CFOs and AP leaders ask about invoice fraud software
The best invoice fraud detection software uses AI to identify anomalies, flag duplicates, and block fake invoices in real time.
Top platforms analyze historical patterns and verify every invoice against POs and vendor records to prevent payment errors.
Buyers should look for solutions that offer
- AI/ML-based invoice auditing
- Seamless ERP integration (e.g., SAP, Oracle, NetSuite)
- Real-time alerts and reporting
- No reliance on templates or portals
🔗 Learn how OpenEnvoy’s fraud detection engine automates this end-to-end.
Modern fraud detection tools plug directly into ERPs to validate and reconcile invoice data without disrupting workflows.
These integrations allow bi-directional syncing of vendor records, payment data, and approval workflows.
Look for systems that offer:
- Pre-built connectors for SAP, NetSuite, Oracle, and Dynamics
- API-based architecture
- Minimal IT involvement
- Full audit trail back to the ERP
💡 OpenEnvoy’s ERP integrations are fast, secure, and require zero supplier-side changes.
Yes , AI can detect duplicate or fake invoices by analyzing patterns and anomalies at scale, faster than any manual process.
It flags inconsistencies in amounts, dates, PO numbers, and supplier details, and learns from past transactions to get smarter over time.
Effective tools use:
- Machine learning for real-time fraud scoring
- Cross-invoice comparison across suppliers
- Custom logic to catch overbilling or mismatched lines
🚨 OpenEnvoy uses AI agents that catch fraud before the invoice ever reaches approval.
The best tools offer proactive fraud prevention, not just reporting.
Here’s what to look for:
- ✅ Touchless invoice capture and line-level validation
- ✅ Real-time duplicate and anomaly detection
- ✅ ERP integration and audit trails
- ✅ Role-based access control
- ✅ Configurable fraud rules and alerts
Avoid tools that only offer OCR or reactive checks.
🧠 OpenEnvoy combines all these features into a single no-setup-needed platform.
Invoice fraud detection typically pays for itself within the first few months through cost avoidance and process efficiency.
Most companies see ROI from:
- Avoided overpayments
- Faster cycle times
- Reduced audit hours
- Decreased manual workload
Average savings range from 30–60% depending on invoice volume and complexity.
📊 Use the OpenEnvoy ROI calculator to estimate your potential return.
