With Qwead DETECT,
Optimize your cash flow in real time!

- Qwead predicts and detects in real time possible overpayments to your suppliers -

With Qwead DETECT,
Optimize your cash flow
in real time!

- Qwead predicts and detects in real time
possible overpayments to your suppliers -

Duplicate invoice payments occur much more frequently than most organizations realize.

On average, approximately 0.05% to 0.1%* of invoices paid are typically « duplicate payments ».

CONCRETELY ? 

For a company with 50 million euros of purchases per year 

that’s no less than 50 000 EUROS OF LOSS !

With a different impact depending on the company : 

 

Financial impact : loss of cash, deterioration of working capital, …

Strategic impact : false and non-optimized supplier repository, non-performance of purchases, …

Organizational impact : frustration in the accounting department, HR risks, need to improve processes, …

Technical impact : wrong parameterization of the Financial IS, IT rationalization, …

Qwead DETECT, HOW DOES IT WORK ?

Duplicate invoice payments occur much more frequently than most organizations realize.

On average, approximately 0.05% to 0.1%* of invoices paid are typically « duplicate payments ».

CONCRETELY ? 

For a company with 50 million € of purchases per year 

it is no less than 

50,000 EUROS OF LOSS !

With a different impact depending on the company : 

 

Financial impact : loss of cash, deterioration of working capital, …

Strategic impact : false and non-optimized supplier repository, non-performance of purchases, …

Organizational impact : frustration in the accounting department, HR risks, need to improve processes, …

Technical impact : wrong parameterization of the Financial IS, IT rationalization, …

Qwead DETECT, 

HOW DOES IT WORK ?

1.  DATA ACQUISITION

Our Set Up team :

> loads the data,
> extracts the client’s accounting,
> and defines the base data repository (suppliers, account, document type..)

2.  DETECTION :                                                 LET Qwead DETECT ACT!

Qwead detects in real time the duplicate invoices recorded in the client’s accounting system to avoid future double payments. 

Qwead highlights invoice corrections to be made in the accounting tool.

A dashboard allows you to control the taking into account of the corrections.

1.  DATA ACQUISITION

Our Set Up team :

> loads the data,
> extracts the client’s accounting,
> and defines the base data repository (suppliers, account, document type..)

2.  DETECTION :                     LET Qwead DETECT ACT !

Qwead detects in real time the duplicate invoices recorded in the client’s accounting system to avoid future double payments. 

Qwead highlights invoice corrections to be made in the accounting tool.

A dashboard allows you to control the taking into account of the corrections.

Qwead DETECT :
More than just financial performance

Qwead DETECT :
More than just financial performance

You improve collaboration and
and sharing for better performance

 

1.  A transverse base, allowing you to aggregate different flows, to centralize your repositories. 

2.  A turnkey approach, far beyond a simple toolbox!

3.  An increase in collective performance, which allows you to correct and upgrade your business repositories.

You value all your data to obtain a better result

 

1.  An analysis and understanding of the data to determine its impact and level of risk.

2.  Exploitation of data from other internal or external tools/solutions.

3.  A response to the legal and/or juridical constraints, but also CSR, of data visibility.

You enable continuous improvement for the comfort of your teams

 

1.  Answers to uses thanks to business/IA bricks.

2.  Time savings for teams thanks to the centralization and « de-siloing » of data.

3.  Answers made BY experts FOR experts.

You improve collaboration and
and sharing for better performance

1.  A cross-functional base, allowing you to aggregate different flows, to centralize your repositories. 

2.  A turnkey approach, far beyond a simple toolbox!

3.  An increase in collective performance, which allows you to correct and upgrade your business repositories.

You value all your data to get a better result

1.  An analysis and understanding of the data to determine its impact and risk level.

2.  Exploitation of data from other internal or external tools/solutions.

3.  A response to the legal and/or juridical constraints, but also CSR, of data visibility.

You enable continuous improvement for the comfort of your teams

1.  Answers to uses thanks to business/IA bricks.

2.  Time savings for your teams thanks to the centralization and « de-siloing » of the data.

3.  Answers made BY experts FOR experts.