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What is Trustpair?

Trustpair is recognized as a leading platform for overseeing third-party risks and preventing payment fraud in the finance departments of medium-sized to large enterprises. It provides secure options for updating or adding third-party entities, guaranteeing prompt validation of banking information on a global scale, and monitoring both individuals and corporate entities. Users have the flexibility to import data either one by one or in bulk, which helps minimize entry errors and keeps a detailed log of all verifications performed. Trustpair partners with reputable firms that support financial teams in mid-cap and large companies as they address wire transfer fraud and streamline their processes. With Trustpair, organizations can reliably verify that payments are directed to the correct third party and the appropriate bank account, simplifying the overall procedure. Moreover, Trustpair’s cutting-edge solution optimizes the confirmation of third-party banking information throughout the entire procure-to-pay cycle, from the moment data is entered into the third-party register to the successful completion of payment operations. This all-encompassing strategy not only bolsters security but also enhances the efficiency of financial transactions, ultimately contributing to a more robust financial environment. By leveraging Trustpair, companies can navigate the complexities of financial management with greater ease and assurance.

What is Risk Ledger?

Clients are equipped with all the necessary resources to implement a comprehensive, cyber-security-focused third-party risk management strategy across their entire supply chain. Engaging third parties is quick, effortless, cost-free, and straightforward, enabling clients to enhance their risk management capabilities. Our innovative secure network model empowers each organization to effectively manage their third-party risk programs while addressing client risk assessments, fostering trust between the entities involved on the platform. Those utilizing the Risk Ledger platform for their third-party risk management initiatives can experience a range of advantages, including: - Ongoing surveillance of the supply chain to ensure risk controls are enacted - Enhanced visibility extending to fourth, fifth, and sixth parties - Streamlined procurement processes, potentially shortening cycles by up to 80% - Greater levels of engagement from suppliers - Minimal costs incurred per supplier, making the approach economically viable. As a result, organizations not only strengthen their risk management practices but also build more resilient relationships within their supply chains.

Media

Media

Integrations Supported

Datalog TMS
SAP Cloud Platform
SAP Store

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Not specified

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Not specified

Company Facts

Organization Name

Trustpair

Date Founded

2017

Company Location

France

Company Website

trustpair.com

Company Facts

Organization Name

Risk Ledger

Date Founded

2017

Company Location

United Kingdom

Company Website

riskledger.com

Categories and Features

Bank Verification

Not specified

Fraud Detection

Check Fraud Monitoring
Custom Fraud Parameters
Internal Fraud Monitoring

Categories and Features

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