Kantik

Kantik is a fraud detection solution that enables organizations to implement an internal control system that proactively prevents and detects accounting anomalies in real-time through automatic analysis of the financial data. The Fraud Detection solution automates the analysis of millions of entries continuously and provides 24/7 transaction monitoring in real-time. The results are immediately accessible through dynamic dashboards. It allows users to integrate data into the platform with just a single click, whether done manually, in batches, or via an API . Businesses can receive the results of data integrity tests, as well as statistical and descriptive analysis of accounting records. This includes the percentage of automated entries for each journal and the categorization of entries based on their value and amount by date, user, and account. This process allows users to validate the conformity of the accounting entries file. Organizations can have an overview of aggregated and summarized results from scoring tests used to identify entries with a high risk of error or fraud, presented through an anomaly map.