Verification of Payee pentru accounts payable
How finance teams verify supplier IBANs before paying — in bulk or directly inside the ERP and accounts-payable workflow — to stop invoice-redirection fraud.
What Verification of Payee means for accounts payable
Most business losses to payment fraud come from invoice redirection: a criminal changes the bank details on an invoice or supplier record, and the payment lands in the wrong account.
Verification of Payee lets a finance team confirm that the titularul contului name matches the IBAN before a supplier payment leaves — whether checking a single new vendor or validating a whole payment file.
Embedded into the ERP or accounts-payable workflow through RoxPay, the check runs automatically at onboarding and before payment runs, without slowing the team down.
Verification of Payee pentru accounts payable at a glance
What matters for finance teams.
Oszustwo fakturowe
Redirection of supplier payments is the top business payment-fraud loss.
Masowo sau pojedynczo
Verify one new supplier or a full payment file before a run.
W Twoim ERP
Runs inside onboarding and AP workflows, not as a separate task.
Where the check happens
Verification at the moments that matter for AP.
- Onboarding
New supplier added
Verify the titularul contului name against the IBAN before the vendor is approved.
- Before payment
Uruchomienie plăți
Validate IBANs across the payment file before funds are released.
- La schimbare
Zmiana datelor bankowych
Re-verify whenever a supplier's bank details are updated — a classic fraud signal.
What AP teams get with RoxPay VoP
Fraud prevention that fits the finance workflow.
Zatrzymaj przekierowanie
Catch mismatched names before a supplier payment is sent.
Validare în lot
Check an entire payment file in one pass before release.
Audit trail
Logged results give finance and audit a clear record per payment.
Verification of Payee pentru accounts payable
Common questions from finance teams.
By confirming that the titularul contului name matches the IBAN before paying, VoP flags the moment a fraudster swaps in their own account details on an invoice or supplier record.
Yes. RoxPay supports bulk checks so a finance team can validate every IBAN in a payment file before the run is released.
VoP can be embedded into supplier onboarding and accounts-payable workflows via the RoxPay API, so the check runs automatically rather than as a manual step.
Re-verify whenever bank details change, since a sudden change of IBAN is one of the strongest signals of an attempted redirection.
Protect your supplier payments
Talk to RoxPay about adding Verification of Payee to your AP and ERP workflow.