The Challenge

A leading healthcare provider faced mounting risks from manual expense processing, taking 7 days per cycle. Fraud went undetected in thousands of daily accounting entries, with anomaly flagging limited to just 750 instances annually—exposing vulnerabilities to duplicates, inflated pricing, and margin irregularities.

Binalyto’s Solution

Harnessing our ERP and AI prowess (integrating with SAP, Oracle Fusion, ERPNext, Odoo, etc.), Binalyto built:

• AI Fraud Agent: Continuously scans thousands of entries in real-time.
• Multi-Source Validation: Cross-checks amounts, reference screenshots, and vendor data.
• Anomaly Detection Engine: Flags duplicates, round-number frauds, sudden price hikes, and abnormal margin shifts.
• Automated Workflow: Integrates with existing ERP for instant alerts and audits.
• Scalable Dashboard: Provides drill-down insights for finance teams.

End-to-end implementation ensured zero-disruption rollout.

Key Results

• Processing Speed: Expense reviews dropped from 7 days to 1 day (86% faster).
• Fraud Detection: Anomalies flagged surged 3400% (from 750 to over 25,500 annually).
• Risk Reduction: 92% fewer fraudulent entries slipped through.
• Efficiency Gains: Finance team productivity up 65%.

Binalyto’s Edge

Our AI-ERP solutions proactively safeguard enterprises, blending consulting, development, and monitoring for sustained ROI.

“Binalyto’s AI agent transformed our fraud defences overnight.”
— Finance Director