Continuous supplier risk intelligence connected to payment control

SpendSecure monitors your active supplier base and payment flows for fraud signals, sanctions exposure, financial risk, and compliance failures, and gives you the controls to hold, investigate, and resolve before any payment is released.

$2.4M

Protected in attempted payment fraud and bank account substitution

85%

Faster supplier and payment risk investigation workflows

92%

Automated continuous supplier risk screening and monitoring activities

The problem

Supplier onboarding is where data quality, fraud risk, and process fragmentation collide.

Enterprise accounts payable environments process thousands of transactions across dozens of supplier relationships simultaneously. The controls most organisations rely on: manual exception reviews, periodic audits, and rules-based detection; were designed for transaction volumes and risk profiles that no longer reflect reality.

Fraud is more sophisticated. Regulatory obligations are broader. The window between a payment being queued and funds leaving the organisation is measured in hours.

Fraud that bypasses rules-based detection

Business email compromise, vendor impersonation, and invoice manipulation are designed to exploit the gaps between static rules. When a legitimate supplier’s billing contact is compromised, a rules-based system sees a payment to a known supplier and lets it through.
Continuous supplier risk with no continuous monitoring

A supplier that passes onboarding today may be sanctioned, financially distressed, or implicated in regulatory action a month later. Most organisations have no mechanism to detect changes in supplier risk status between onboarding and the next manual review.
Sanctions and denied-party exposure

Transacting with a sanctioned entity carries material regulatory and reputational consequences. Static one-time screening at onboarding does not protect against mid-relationship changes to a supplier’s sanctions status or beneficial ownership structure.
Modern slavery and ESG compliance gaps

Regulatory obligations demand active, ongoing monitoring of the supplier base. The evidentiary bar is rising across Australia, the UK, Europe, and North America.
No pre-payment intervention capability

The critical gap in most supplier risk toolsets is the inability to act on intelligence before payment. Standalone third-party risk platforms generate risk signals but have no connection into payment queues.

Supplier risk intelligence connected to payment control

SpendSecure is SpendConsole’s continuous supplier risk intelligence and payment protection module. It monitors your active supplier base and payment flows for risk signals across financial health, sanctions and denied-party exposure, adverse media, modern slavery, and behavioural anomalies.

Monitor every active supplier continuously

SpendSecure runs against your supplier base every day, surfacing cases the moment thresholds are breached, through signals sourced via the Spend Intelligence Network.

Continuous sanctions and denied-party screening across global lists, PEP databases, and registries
Adverse media monitoring across fraud allegations, regulatory action, insolvency, and reputational events
Financial health signals: credit deterioration, court judgements, insolvency filings
Modern slavery and ESG signals across labour, environmental, and supply chain compliance
Regulatory and registration changes: business registration, GST/VAT status, licensing

Continuous monitoring across six risk categories, applied to every active supplier every day.

Detect transaction and payment anomalies

SpendSecure analyses invoice and payment patterns across supplier relationships, evaluating each transaction at receipt and at payment queue entry, before approval and before release.

Behavioural anomalies: invoice frequency or value spikes, mismatched line items, abrupt billing or remittance changes
Price and contract variance: line-item cost escalation, off-contract spend against MSAs, overcharge patterns
Phantom and dormant vendor activity flagged before payment
Payment timing anomalies: payments queued outside normal cycles or business hours, or accelerated beyond standard terms

Anomalies surface when intervention is still possible.

Hold payments and manage cases in workflow

When a risk signal is generated, SpendSecure creates a case in the workspace linked to the relevant supplier record, flagged transaction, and payment queue.

Automatic case creation with risk category, severity, source, and affected supplier and transaction
Payment hold applied, high-risk transactions held pending case resolution
Case routed to the appropriate reviewer based on type and severity
Investigation with full case context: supplier record, transaction history, signal detail, audit trail
Documented resolution: payment released, rejected, supplier escalated, or referred for external investigation

Risk signals carry through to payment workflow, investigated and resolved before funds release.

Revalidate at the point of payment execution

Supplier details can change between approval and payment, and risk signals can emerge inside that window. SpendSecure revalidates supplier and payment risk immediately before execution.

Confirmation that supplier bank details have not changed since invoice approval
Re-screening of supplier sanctions and PEP status at point of payment
Validation that payment amount, beneficiary, and method match the approved invoice
Flagging of payments queued outside normal cycles or below configured thresholds
Automatic hold where revalidation detects a discrepancy or new risk signal

A final control gate between approval and the moment funds leave the organisation.

Detect internal control circumvention

Not all payables risk originates externally. SpendSecure monitors for internal control signals indicating policy circumvention, conflicts of interest, or behaviour inconsistent with governance standards.

Potential conflicts of interest between employees and suppliers based on behavioural and relationship signals
Approval patterns suggesting authority circumvention, split invoicing, routing changes that bypass senior approvers
Unusual approval speed or out-of-sequence approvals for high-value transactions
Relationships between employee and supplier entity data that warrant review
Supplier activity inconsistent with contracted scope or engagement history

Cases route to compliance or HR escalation paths as configured.

Produce audit-ready regulatory evidence

SpendSecure produces the evidence regulatory frameworks and internal audit demand, as a structured, continuously maintained record.

Full case history with timestamped actions, decisions, and outcomes across all risk categories
Supplier risk profile reports with current risk status, historical screening, and monitoring activity
Portfolio risk dashboards across supplier, category, geography, and value tier
Configurable alerts and scheduled reporting for board, audit committee, and executive stakeholders
Regulatory reporting support: CPS 230 (APRA), Modern Slavery Act, AML/CTF, GST/RCTI, GDPR/privacy

Audit readiness as an output of daily operation.

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Regulatory Context

Built for the compliance obligations your organisation actually faces

SpendSecure is designed to support the specific regulatory and compliance obligations that enterprise finance, risk, and legal teams navigate across Australia, the UK, Europe, MENA, and North America.

CPS 230 — APRA Operational Risk (Australia)

APRA’s CPS 230 standard requires regulated entities to identify, assess, and manage material operational risks arising from third-party arrangements. SpendSecure provides continuous monitoring, documented risk assessment activity, and an audit trail that CPS 230 compliance requires for supplier and third-party risk management.
Modern Slavery Act (Australia and UK)

Modern slavery reporting requires demonstrable, ongoing due diligence across the supply chain. SpendSecure monitors for adverse signals related to labour practices and modern slavery across your active supplier base and generates the structured evidence trail that supports annual reporting.
AML/CTF Compliance

Anti-money laundering and counter-terrorism financing obligations require organisations to screen counterparties and monitor for suspicious transaction patterns. SpendSecure supports AML/CTF compliance across Australia (AUSTRAC), the UK (FCA), the EU, the US (FinCEN/OFAC), and MENA (UAE Central Bank, SAMA).
GST and RCTI Integrity (Australia)

Where organisations issue Recipient-Created Tax Invoices, SpendSecure monitors ABN validity, GST registration status, and invoice integrity to support ATO compliance and reduce exposure to invalid input tax credits.
GDPR and Privacy Obligations

Data handling, retention, and access controls are designed to support GDPR compliance for European operations, and equivalent privacy frameworks across other jurisdictions.

Ideal for

CFOs and finance leaders who need documented evidence that payment controls are operating before funds leave the organisation
APRA-regulated entities with CPS 230 obligations for third-party operational risk
ASX-listed and large private enterprises with Modern Slavery Act reporting obligations
Multi-entity and shared services environments with high-volume payment flows
Treasury and payment teams who need a final control gate between approval and execution
Risk and internal audit functions that need a continuously maintained, audit-ready evidence trail
Organisations in industries with heightened fraud exposure: construction, logistics, resources, healthcare, government, financial services
Enterprises that have experienced AP fraud or payment redirection and need to demonstrate strengthened controls

How SpendSecure compares

Risk control

Traditional AP and TPRM tools

SpendSecure

Supplier monitoring

One-time check at onboarding or periodic manual review

Continuous monitoring across sanctions, adverse media, financial health, and ESG signals

Fraud detection

Reactive rules-based detection after the fact

Proactive anomaly detection at point of invoice receipt and payment queue entry

Payment control

No connection between risk intelligence and payment release

Payment holds applied automatically when risk cases are open

Payment revalidation

No final check between approval and payment

Revalidation at point of payment execution before funds are released

Sanctions screening

Manual lookups or one-time onboarding check

Continuous screening across global sanctions, PEP, and denied-party registries

Internal controls

No detection of internal approval circumvention

Code-of-conduct and conflict-of-interest detection across approval patterns

Audit evidence

Manual reporting prepared retrospectively

Continuously maintained immutable audit trail and case history

Trusted by enterprise and government finance teams

“It is not easy to find a solution that can work in our region. Some tools have workflows but cannot read Arabic handwriting. Others integrate poorly with SAP or lack analytics. SpendConsole provided a complete, end-to-end solution that truly addressed our challenges.”

Mahmoud Ezzeldin

Regional Finance and Accounting Director | HSA Group
"We truly believe SpendConsole really wanted to understand our business. With the other players in the market, it felt like more of an off-the-shelf solution. SpendConsole took the time, understood our problem statements, and really understood our requirements."

Dion Morgan

Senior Vice President, Global Finance Operations | Toll Group
"As their first customer, I embraced the power of their AI automation software to enable us to consolidate all of our supplier invoices across our global business in one place. This helps prevent incorrect and duplicate payments and has improved our payables productivity by over 50%."

Brett Fulton

CEO | Fulton Francis
“The implementation was remarkably smooth, our client’s teams working collaboratively with SpendConsole to deliver the program on time, on-budget, and meeting our business objectives.”

Ian Walford

Group Treasurer | Macmahon
“SpendConsole significantly improves our processing times and minimises our risk of incorrect payments.”

Brendan Francis

Founder and CEO | PRAAS
“SpendConsole significantly improved our control over finance and AP processes, and reduced dependency on individual resources, enabling strategic decisions and unlocking productivity.”

Jonathon Porcelli

General Manager (Financial Control) | Mitsubishi Motors Australia
“The SpendConsole team is supportive, collaborative and delivers outcomes that meet our organisation’s needs.”

Amina Bello

Director – Shared Services Integration | TAFE NSW

FAQs

SpendSecure is SpendConsole’s continuous supplier risk intelligence and payment protection module. It monitors your active supplier base for fraud signals, sanctions exposure, financial health changes, adverse media, and transaction anomalies — and connects those signals to pre-payment controls that allow your team to hold, investigate, and resolve before funds leave the organisation.

Standalone TPRM platforms generate risk reports about suppliers but have no connection to payment queues. SpendSecure connects the two. When a risk signal is detected, the relevant payment is held pending case resolution — the intelligence and the control are in the same platform.

Connect+ governs supplier data capture, onboarding workflow, and master data change control with point-in-time validation. SpendSecure provides continuous monitoring of the active supplier base and transaction flows. Connect+ is the entry point and governance layer; SpendSecure is the continuous intelligence and payment control layer.

No. SpendSecure is built within the SpendConsole platform and shares the same supplier data layer, workflow engine, and payment infrastructure. There is no separate integration. Risk signals are contextualised against real supplier records and real transactions within the platform.

Six categories: sanctions and denied-party status; adverse media and regulatory events; financial health and distress signals; modern slavery and ESG adverse findings; regulatory and business registration changes; transaction and invoice behavioural anomalies. All monitoring runs continuously across the active supplier base.

SpendSecure provides continuous screening against global and regional sanctions lists. In ANZ this includes AUSTRAC and Australian DFAT. In MENA this includes UAE Central Bank, SAMA, and other GCC regulatory lists. Globally this covers OFAC, UK HM Treasury, EU, and UN Security Council. PEP databases and denied-party registries are screened across all jurisdictions. When a supplier’s status changes, an automatic case is created and associated payments are held.

APRA’s CPS 230 standard requires regulated entities to actively manage operational risk arising from third-party arrangements. SpendSecure provides continuous monitoring of the supplier base, a structured case management workflow for risk events, and an immutable audit trail of all monitoring activity, investigations, and resolution decisions — supporting the evidence requirements CPS 230 demands. Equivalent third-party risk frameworks in MENA, the UK, and other regions are supported through the same infrastructure.

Yes. SpendSecure monitors for adverse signals related to labour practices and modern slavery across your active supplier base and generates a structured evidence trail for annual reporting. This covers the Australian Modern Slavery Act, the UK Modern Slavery Act, and equivalent supply chain due diligence obligations in the EU. For MENA-based organisations, configurable ESG and labour practice questionnaires support regional compliance.

Yes. SpendSecure monitors against sanctions lists, regulatory databases, and intelligence sources relevant to operations across ANZ, MENA, the UK, Europe, North America, and Asia-Pacific. ANZ regulatory frameworks (CPS 230, Modern Slavery Act, AML/CTF, AUSTRAC, GST/RCTI) are supported natively. MENA frameworks including GCC AML obligations, UAE Central Bank requirements, and SAMA guidelines are supported alongside equivalent international frameworks.

Supplier risk profile reports, portfolio-level risk dashboards, full case history with timestamped actions and decisions, and configurable scheduled reports for board, audit committee, and executive stakeholders. Reports are structured to meet the evidence standards of ANZ regulators (APRA, ATO, AUSTRAC), MENA regulatory bodies (UAE Central Bank, SAMA, equivalent GCC authorities), and international frameworks including OFAC, FCA, and GDPR. All outputs are exportable for internal audit, external auditors, and regulatory bodies.

See SpendSecure work on your payables data

Book a demo to see how SpendSecure monitors your supplier base, detects fraud and anomalies, holds payments before release, and produces the audit evidence your regulators and board expect, all within the SpendConsole payables platform.