Datricks is a cutting-edge financial integrity platform designed to identify and mitigate financial vulnerabilities stemming from human error, non-compliance, and fraud. With a focus on autonomous discovery and real-time anomaly detection, Datricks safeguards enterprises from financial risks, streamlining operations to ensure accuracy, compliance, and fraud prevention.

Why Financial Integrity Matters

Financial integrity is paramount for enterprises facing increased pressure to meet financial targets within complex business environments. As companies grow, they encounter greater exposure to financial risks due to:

• Human Errors: With larger datasets, mistakes like duplicate records and payments become more frequent and costly.
• Non-Compliance: Rising workloads drive employees to bypass protocols, tripling the cost impact of non-compliance.
• Fraud: Whether due to internal or external actors, financial fraud costs businesses 5% of their revenue annually.

The Datricks Platform: How It Works

Datricks addresses financial integrity issues with a comprehensive platform that detects and manages exposures:

1. Autonomous Process Discovery

• Datricks autonomously maps financial processes, requiring no manual input, to understand the organization’s business structure and financial flows.

2. Integrity Exposure Detection

• With AI-driven analysis, Datricks continuously monitors business transactions to detect anomalies in real time, ensuring immediate action on identified risks.

3. Integrity Intelligence

• A robust control tower provides finance leaders with a high-level view of organizational health, enabling proactive management and optimized performance.

Key Benefits of Datricks

• Increased Cash Flow: Datricks identifies manipulation in payment terms, helping organizations prevent early payments and boost cash flow.
• Loss Mitigation: Detects duplicate payments and irregular transactions, recovering potential losses.
• Audit Efficiency: Accelerates audit processes, reducing time spent and enhancing the accuracy of SOX compliance testing.