Protect your accounts payable process from

Gain visibility into your accounts payable workflow in one smart dashboard. Proactively monitor vendor integrity, invoice fraud, and impersonation attempts in real-time, before payments are processed.


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Fraudulent Accounting - AP Hero section

AP fraud that often go unchecked — until it’s too late

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Fake or unverified vendors

Without a stringent vetting process, fake and unverified vendors easily enter your system undetected, leading to payment fraud, with median losses reaching up to $120K, as per ACF reports.

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Suspicious transaction patterns

Unusual transactions involving a sudden spike in payments & frequent changes in vendor bank details can be signs of fraud. Without rigorous internal checks, these patterns remain hidden, leading to severe financial losses.

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Social engineering attacks

Spoofed emails impersonating reliable vendors and asking for urgent payments often slip past internal checks. These emails trick the AP team into approving payments to fraudsters, increasing the risk of losing not just money but also sensitive information.

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Invoice errors & discrepancies

Duplicate or inflated invoices, mismatched payments, and variations in billing details bypass manual checks. And by the time such errors are detected, the damage is already done.

Defeat vendor and invoice fraud with Hobasa

Detect high-risk vendors

Identify vendors with incomplete KYC, fake or duplicate profiles, and those not complying with FATCA and OFAC regulations during the onboarding process and throughout the transaction lifecycle. Hobasa performs detailed risk checks using both current and historical data to surface risky accounts — before they turn into a threat.

 
  • check Flag fake or manipulated vendor profiles
  • check Track vendors violating regulatory rules
  • check Continuously monitor bank account updates
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Spot invoice discrepancies

Flag duplicate, false, or ghost invoices in real time and stop them from processing right away. Get quick alerts on suspicious activities like invoice discrepancies, frequent changes in vendors’ bank details, and multiple high-volume invoices submitted on the same day.

 
  • check Track payment anomalies indicating fraud or errors
  • check Identify mismatches between invoices, purchase orders, and receipts
  • check Investigate flagged invoices to eliminate fraud risks

Block social engineering attacks

Spot impersonation attempts, spoofed emails, and unusual requests in real time and block them instantly. Take immediate action before fraudsters creep into your system and cause serious damage.

 
  • check Proactively track imposter scams
  • check Monitor suspicious email communication patterns
  • check Flag emails from inactive or blacklisted vendors
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Measure potential financial exposure from fraud risks

With real-time monitoring, Hobasa continuously scans invoices and vendor activities to surface the exact value of transactions at risk and the root causes. This means you are not just tracking fraud risks but understanding its true business impact.

 
  • check Track total invoice value vulnerable to fraud
  • check Prevent revenue leakage with early risk detection
  • check Access detailed audit trails with full visibility into approvals

Why Hobasa?

 

Unchecked AP Gaps = Costly Financial & Legal Consequences

 

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Prompt alerts for high-risk activities

Receive real-time alerts for spoofed emails, fake vendors, duplicate invoices, and suspicious payment requests, so your team can intervene in time.
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Robust integrations

Hobasa plugs into your existing finance tools without disrupting your workflow. Collate all data from across systems and gain a holistic picture of high-risk invoices, vendors, and transactions.
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Intelligent 3-way matching

Hobasa runs the 3-way matching process to ensure all invoices align with their corresponding purchase orders and delivery receipts. The intent is to eliminate discrepancies across these transaction documents.
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Visual reports

With visual and interactive reports, analyzing complex data is a breeze. Track payment patterns and risk trends across regions and make data-driven business decisions confidently.