You are Losing Money to Duplicate Payments
Duplicate payments are a costly problem for businesses. And unfortunately, also common. They result from process inefficiencies, human errors, and system misconfigurations. There are a variety of causes.
Mismatched Invoice Entries
Invoices received via multiple channels (Email, Letter) are booked twice.
01
Duplicate Vendor Master Data
Slight variations in supplier records lead to unintended duplications.
02
One-time-accounts
The same invoice is accidentally booked both a one-time account (“CpD”) and a personal vendor account.
03
Incorrect Processing of Reminders
Payment reminders are mistaken for new invoices.
04
Cross-Company Payment Issues
Lack of visibility across business units allows errors to go unnoticed.
05
Fraudulent Attempts
In rare cases, multiple payments may be made intentionally.
06
Easily discover your Cash Recovery Potential
dab Loom AI Duplicate Payments is the first SaaS-based solution that combines AI-driven analytics with seamless cloud accessibility to help finance teams detect, verify, and recover duplicate payments efficiently.
Automated detection of duplicate payments
Better detection of duplicate payments with AI
User-friendly verification workflow with status tracking
AI-driven & SaaS based, non-invasive on your SAP
Smart forecasting of potential financial recovery
No IT or SAP know-how needed
How the Duplicate Payment detection works
01
Automated, secure Data extraction
Relevant financial data is pulled from SAP via an SAP-certified interface. Weekly, Monthly or Daily.
02
AI-powered Duplicate Payment Detection Runs Automatically.
Our AI-based analytic detects potential duplicate payments with advanced fuzzy logic.
03
Generate & Review Results
A prioritized list of potential duplicate payments is presented for review.
04
Verification & Machine Learning
Users mark false positives and confirm duplicates to improve accuracy of future runs.
05
Recover & Track Payments
Ensure all duplicate payments are reclaimed, with Built-In recovery status tracking.
Our References Speak of Success
Key Attributes
Frequently Asked Questions
Here you find some of the most common questions. For more technical details, we have top-notch software documentation which you can find under ther following link.
Our software solutions
Find out which specialised software solutions you need to analyse duplicate payments in SAP!