Yes both S4/Hana and ECC are supported.
Challenges
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
Solution
Easily discover your Cash Recovery Potential
dab Nexus 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
SAP Proven, sophisticated algorithms give you best-in-class results. Industry-independent.
Better detection of duplicate payments with AI
Integrated AI provides estimations as to whether it is an actual duplicate payment or a false positive.
User-friendly verification workflow with status tracking
You can keep track of which duplicate payments already have been recovered and which ones are still open.
AI-driven & SaaS based, non-invasive on your SAP
All configuration happens outside your SAP system. No IT infrastructure is needed as it is a true cloud-based Solution
Smart forecasting of potential financial recovery
The results come with intelligent scoring for efficient, focused recovery workflows.
No IT or SAP know-how needed
The browser-based solution in addition to a Microsoft-Power-BI driven workflows provide an as-easy-as possible, lightweight interface.
How it works
How the Duplicate Payment detection works
A SaaS-based Duplicate Payment analytic solution designed for finance and internal control professionals, including CFOs & Financial Controllers, Accounts Payable Teams, Compliance & Risk Management Officers and Business Intelligence & Reporting Teams.
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.
References
Our References Speak of Success
Pierre Poukens
CAE of Huntsman
We got to know dab as a reliable and committed partner. That is why we opted for their
“Support Gold” and technical assistance for our Analytic Projects and Automation initiatives.
Keven Hebekeuser
Auditor at Evonik Industries AG
I appreciate at dab the advanced audit standard in a familiar and competent environment.
Marcel Schäfer
Head of Audit for Corporate and Service Functions & Compliance at Covestro AG
For over 15 years now, we know dab as an innovative and reliable partner in the field of digital data analytics and related training. The seamless extraction of large amounts of data from SAP and the results of various analytics assist us in performing our audits more efficiently.
Lothar Klein-Schopper
Head of Group Internal Audit at Leoni AG
The standardized analytics from the dab AnalyticSuite have significantly increased the efficiency of our auditing activities and ensured sustainable knowledge management. Even with a change of employees, the new auditor can quickly familiarize themselves with the data analysis environment and evaluate SAP data without needing specific IT and SAP expertise.
Features
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.
Extracted SAP data is stored securely in a OneLake of the dab tenant hosted within the Microsoft Azure EU West region.
No, all configuration is done outside of SAP. An RFC is implemented (as part of the SAP certified solution), the rest is done within the application itself.
Yes it is. Refer to the resources for details.
It operates entirely on Microsoft Fabric, providing the benefits of cloud-based analytics, such as accessibility, scalability, and reduced infrastructure costs.
Yes, as it is based on the FI data of SAP, it is independent from industries.
Technology
Our software solutions
Find out which specialised software solutions you need to analyse duplicate payments in SAP!