Every control you already run — due diligence, approvals, three-way match — verifies the supplier or the transaction. PayGuard verifies the one thing they rarely check: that the bank account on file is still theirs. When something doesn't match, a forward deployed analyst investigates it before it ever reaches your AP team.
The attack is the same everywhere: a real supplier, one changed bank detail. What differs is the identifier a supplier is known by, the file your payment run produces, and the control your bank already gives you — which is never the one that covers the payment run.
Confirmation of Payee covers more than 140 million accounts (source: Australian Payments Plus, 2026). It checks the payments a person types in one at a time.
It does not check batch .aba files — which is how supplier payments actually leave. Why bank-side checks miss the payment run →
.aba format and trailer check before releasePayNow shows you the payee's full registered business name when you pay a UEN. It is a genuine check, and finance teams trust it.
It does not apply to GIRO batch payments — which is how supplier payment runs go out. The same gap as Australia's, arrived at a different way: the control covers the payment you make one at a time, not the file that moves the money.
Registry lookup and sanctions screening for Singapore are being finalised. Ask us where each stands against your go-live date — we would rather tell you than let you assume.
Less than you might assume. On a US ACH payment the beneficiary name is not validated at all — the money follows the routing and account number, and the name field rides along unchecked.
There is no national Confirmation-of-Payee equivalent. Australia at least has a check that misses batch files; here there is no name-matching layer to miss them in the first place.
PayGuard's work in the US happens after onboarding: proving the account is the supplier's, screening the invoice, and checking the payment file before it reaches the bank.
Ask us where each check stands against your go-live date — we would rather tell you what is not built yet than describe validations that do not exist.
Someone impersonates a real supplier and asks for bank details to be updated before the next payment run. The invoice looks right, the supplier name is right, the request looks routine — and every control you already run verifies the supplier or the transaction, but not the link between them.
Confirms the business exists and is trading. Says nothing about the account nominated to pay it.
Prove an internal person signed off. The fraudulent detail passes through the approval intact.
Depend on the number being right, the call being made, and someone recording that it was.
One trusted bank profile, established once, then checked again at every invoice and every payment run.
Click any checkpoint to see how it works, or let it auto-cycle.
An automated block that cries wolf gets ignored within a month. PayGuard's forward deployed analysts exist so every alert your AP team sees has already been checked — a real risk, not a false positive slowing down a legitimate payment.
A walkthrough of the product, not a mock-up.
An 81-second walkthrough of all four checkpoints — supplier onboarding and registry checks, the penny test, invoice screening against the trusted bank profile, and the payment-file check before release — plus the dashboard view and how sign-in is secured. Narrated. Demo data throughout.
An audit-ready record for every verification and decision — evidence over exposure.
Data residency in Australia, with in-region hosting available on request — Singapore for Singapore and Malaysia deployments, the United States for US deployments. Tenant isolation, least-privilege access, and no new banking relationship to establish.
Every supplier and invoice runs through the same four checkpoints. Risk alerts raise themselves.
Most teams start with verification and add the others as the process around it tightens. Each module stands on its own.
Know Your Supplier. Moves verification to the point a supplier is first onboarded, rather than the first time you pay them.
The core control: proof that the account on file still belongs to the supplier it claims to.
The last control before money moves. It validates your batch .aba payment file against the verified supplier profile, then gives your ERP or procurement platform the approval to release the payment. If anything does not match, the payment is held.
Pricing depends on supplier count, payment volume and which markets you operate in. Ask us for a quote and we will scope it against your actual payment run.
Ten suppliers, one workshop, and a defined batch — here's what's true by the end of it.
A trusted bank profile for every piloted supplier, established by the supplier themselves — not an analyst's phone call.
Every verification and decision, timestamped and attributed — the evidence a post-incident review actually needs.
Your current process running side by side with PayGuard on the same ten suppliers, so the gap is visible, not theoretical.
Enough evidence to decide — with your AP lead, not a vendor — whether and how fast to expand past the pilot batch.
A tenant is provisioned in one step. The gating item is your process decisions, not our build.
Book the onboarding workshop