Accounting and bookkeeping firms sit at the centre of their clients' finances, often executing supplier payments, payroll and tax payments on their behalf. That trusted position also makes them an attractive target — and a single misdirected payment can damage a client relationship built over years.
The batch problem
Accountants typically process payments in batches — a supplier run, a payroll file — where one corrupted or fraudulent IBAN can slip through unnoticed. Verifying the whole file before submission catches mismatches at the point they matter.
Protect the client relationship
For a firm acting on a client's behalf, demonstrating that every payment was verified is both a safeguard and a selling point.
Where VoP fits
- 1 Run bulk Verification of Payee on supplier and payroll files before submission.
- 2 Verify new or changed payee details as they are added.
- 3 Surface mismatches to the client for confirmation.
- 4 Keep VoP outcomes as part of the engagement record.
Verified payment runs
RoxPay's Verification of Payee supports bulk and single checks, so accounting firms can verify a whole payment file or a one-off payee with the same tool.