Did you know that 65% of businesses are affected by forged documents? (study Selvitys in 2024) From fraud on invoices to false identity documents, the impact is immense. So, in a world where the document fraud is constantly evolving, companies must equip themselves with tools to verify the authenticity of the documents they process on a daily basis. Software for the detection of false documents not only makes it possible to secure transactions, but also to optimize internal processes. Here are five key reasons to invest in such a solution.
Fraudsters are constantly improving their techniques to falsify documents such as identity cards, passports, bank statements, or invoices.
A software for the detection of false documents uses artificial intelligence and advanced algorithms to parse and identify inconsistencies. The interest? Limiting the risks of fraud and identity theft, while protecting the company against possible legal responsibilities.
Analyzing documents manually is a time-consuming task and subject to human error.
According to a study by Teamogy, An employee spends an average of 5 hours per week looking for and checking documents. With an automated solution, businesses reduce the time spent on these checks while improving the accuracy of the controls.
Processes are becoming smoother and employees can focus on tasks with higher added value.
What is the organization of the various companies in the fight against fraud? We answer you in our article: How are businesses organizing themselves to fight document fraud?
Many sectors, including banking, insurance, and legal, are subject to strict regulations in the fight against fraud and money laundering.
Software for the detection of false documents ensures that the company complies with the legal requirements in force, by automating documentary verification and recording control proofs for possible audits.
Read on: What are the legal obligations in anti-fraud banking compliance?
Document fraud can cause significant losses for a business. Whether through fraudulent transactions, contracts signed on the basis of forged documents or regulatory sanctions, The costs are major.
By quickly detecting false documents, software can avoid these financial risks and protect company resources.
In a context where the rapidity And the transaction security is essential, software for the detection of false documents makes it possible to process requests more efficiently without delaying processes.
Customers or partners gain confidence, knowing that their identity and data are protected, which strengthens the company's reputation.
Are you interested in an anti-fraud solution but you don't know how to sell the project to your management? We tell you more: How do you sell a documentary anti-fraud project internally?
At Finovox, we have developed advanced technology to effectively combat document fraud.
Thanks to artificial intelligence and powerful detection algorithms, our solution allows to quickly and accurately identify falsified documents.
Adapted to many sectors such as finance, insurance or even real estate, our platform helps companies secure their transactions and comply with current regulations.
With Finovox, benefit from:
Make the prevention of document fraud a priority with Finovox and protect your business today!
Want to know more? Get in touch with an expert.
