--- title: Fraud & Risk Detection url: https://www.medius.com/solutions/fraud-risk-detection/ updated: 2026-08-04T18:50:53Z --- # How much invoice fraud have you been able to detect and prevent? Using Medius’s revolutionary AI that underpins its autonomous AP, gain greater visibility and control across the entire invoice to pay lifecycle. See how much people lose on average to fraud Features Demo Fraud Types Benefits Resources - AI fraud prevention webinar - AP Fraud Fighter's Toolkit - Accounts Deceivable Podcast - Product brochure - Financial Census - Success story - FAQs - Latest guides - Latest blogs ## Why Medius Fraud & Risk Detection software? Medius’s Financial Census found that fraud costs U.S. businesses an average of $133K annually. Medius Fraud & Risk Detection is here to help you catch fraud earlier and reduce your risk exposure. ![invoice icon](https://www.medius.com/media/ii3bpsrp/icon_apa.svg) ### Act fast. Medius’ inline alerts give AP managers the information they need to act immediately. ![time savings icon](https://www.medius.com/media/l1bn0xse/portal-icon.png) ### Understand the unknown. Gain visibility into your fraud and risk exposure with new insights. ![fraud icon](https://www.medius.com/media/h3gppdw2/icon_ai-powered-workflows.svg) ### Infinitely checked. Relax and let machine learning and AI controls ensure your policies are being enforced. ![fraud icon](https://www.medius.com/media/rggjob0n/icon_erp.svg) ### Flip a switch. Get going faster with a solution that integrates natively with Medius AP & Medius Pay. No IT project required. ## Key features of Medius Fraud & Risk Detection * * * Invoice verification Invoice verification Detect fraud earlier Enhanced security Risk dashboard Seamless integrations ### Invoice verification Keep eyes where they’re needed: on every invoice. Medius's AI-powered matching helps you make sure all invoice details align with a single source of truth, while options for segregation of duties and a four-eyes principle help keep everyone on task verifying information before any payment is made. With 6 million invoices processed per month across 3,000+ customers, Medius's fraud models are continuously reinforced by real-world outcomes at scale. ![Fraud & Risk Detection - Four-eyes principle](https://www.medius.com/media/londsjjv/four-eyes-principle-current-settings.png?rmode=max&width=372&height=0&v=1dad498b9361de0) Enlarge Image ### Detect fraud earlier Put a spotlight on potential problems, before they’re an issue. AI-detected, easy-to-spot risk factor icons help you find and mediate any potentially risky invoices in your inbox, with a concise summary of why they’ve been flagged and recommended actions to take. Handled risks are also visible for tracking through to the end of the invoice’s lifecycle. ![Fraud & Risk Detection - Risk Factors](https://www.medius.com/media/ixrjmwqj/risk-factors-locations.png?rmode=max&width=372&height=0&v=1dad49898f8a340) Enlarge Image ![Medius Fraud & Risk Detection - Detect Risks](https://www.medius.com/media/xqzkzfwn/detect-risks.png?rmode=max&width=372&height=0&v=1dad484cb83b930) Enlarge Image ### Enhanced security Keep approvers on task with extra security measures. Enabling an extra layer of scrutiny on invoice approvals – like step-up authentication, which requires a two-factor authentication for payments – can make sure that no payment is remitted until the invoice and supplier have been fully vetted and checked for fraud and risk. ![Fraud & Risk Detection - Extra security measures](https://www.medius.com/media/ucda2tdc/pay-step-up.png?rmode=max&width=372&height=0&v=1dad49898a8d590) ### Risk dashboard Assess and measure your fraud prevention efforts. In Fire Station, a single central hub for tracking fraud and risk, you can see all outstanding and handled risk factors across your transactions, helping you identify trends or anomalies and measure the success of your fraud prevention efforts. ![Fraud & Risk Detection - Fire Station](https://www.medius.com/media/svwnl5rz/analytics-risk-factors-firestation-dashboard.png?rmode=max&width=372&height=0&v=1daccb4a884b560) ### Seamless integrations ERP integrations with no IT project required. Medius is a complete solution with managed connectors for all major [ERP platforms](https://www.medius.com/solutions/for-your-erp/ "Learn more about ERP integrations"). Start detecting accounts payable fraud today. [!\[Microsoft Dynamics logo\](https://www.medius.com/media/yxzlshtc/dynamics-small.png?rmode=max&width=372&height=0&v=1dcc774ebb95e00)](https://www.medius.com/solutions/for-your-erp/microsoft-dynamics/) [!\[SAP logo\](https://www.medius.com/media/c4cpxmrn/sap.png?rmode=max&width=372&height=0&v=1d93520ee7dfcc0)](https://www.medius.com/solutions/for-your-erp/sap/) [!\[Oracle Fusion logo\](https://www.medius.com/media/tntnci23/oracle-fusion-16x9.png?rmode=max&width=372&height=0&v=1dd2673a2856a90)](https://www.medius.com/solutions/for-your-erp/oracle-fusion/) [!\[Infor logo\](https://www.medius.com/media/vysnasrs/infor-16x9.png?rmode=max&width=372&height=0&v=1dcc774ebfcf6b0)](https://www.medius.com/solutions/for-your-erp/infor/) [!\[Oracle NetSuite logo\](https://www.medius.com/media/negjui5z/oracle-netsuite-16x9.png?rmode=max&width=372&height=0&v=1daa01b489f94f0)](https://www.medius.com/solutions/for-your-erp/medius-for-netsuite/) [!\[JD Edwards logo\](https://www.medius.com/media/lleb0ibn/oracle-jde-16x9.png?rmode=max&width=372&height=0&v=1daa01b3ed30970)](https://www.medius.com/solutions/for-your-erp/jd-edwards/) [!\[iptor logo\](https://www.medius.com/media/zc1g1by0/iptor-image.png?rmode=max&width=372&height=0&v=1dad4bac7381d40)](https://www.medius.com/solutions/for-your-erp/iptor/) [!\[Yardi logo\](https://www.medius.com/media/kjycqfwr/yardi-16x9.png?rmode=max&width=372&height=0&v=1dcc774ec0dbf90)](https://www.medius.com/solutions/for-your-erp/yardi/) ## Combatting invoice fraud and mitigating risk with advanced detection software. Invoice fraud is a major threat to businesses, leading to significant financial losses and reputational damage. For accounts payable teams, preventing invoice fraud is crucial to maintaining accurate financial records and secure transactions. Invoice fraud detection software utilizes advanced technologies like AI and machine learning to identify and prevent fraudulent activities in the invoicing process, offering a proactive approach to fraud prevention. ## Common invoice anomalies and fraud detected. Invoice fraud and anomalies are significant threats to businesses, leading to financial losses and reputational damage. Our invoice fraud and risk detection software helps identify and mitigate these issues effectively. Here are some common types of invoice anomalies and fraud that the software can detect: Duplicate invoices Identifies when the same invoice is submitted more than once to prevent overpayment. Vendor fraud Detects false invoices or inflated costs submitted by suppliers. Incorrect invoice amounts Checks invoice amounts against purchase orders and contracts to ensure accuracy. Unapproved suppliers Flags invoices from unapproved or unknown suppliers for further review. Invoice date manipulation Spots unusual date patterns that may indicate fraud. Learn more about the different types of invoice fraud and anomalies by visiting our [Invoice Fraud Guide to Prevention and Detection](https://www.medius.com/glossary/invoice-fraud-guide-to-prevention-detection/ "Invoice Fraud Guide to Prevention and Detection"). ## Benefits of Medius Fraud and Risk Detection in combating accounts payable fraud. ### Enhanced security Protect your business from fraudulent activities with cutting-edge fraudAI detection algorithms that monitor and analyze invoice data in real-time. ### Improved accuracy Reduce errors in invoice processing by automating data capture and validation, ensuring only legitimate invoices are approved for payment. ### Cost savings Minimize financial losses due to fraud and errors, and save time by reducing manual checks and reviews in your accounts payable processes. ### Regulatory compliance Stay compliant with industry regulations and standards, with detailed audit trails and reporting features. Medius is ISO 27001 certified, SOC 1 & SOC 2 Type II compliant, and GDPR compliant. ### Scalability Easily handle increasing volumes of transactions without compromising on fraud detection accuracy or processing efficiency. Medius Invoice Fraud and Risk Detection Software is a crucial tool for accounts payable teams, offering comprehensive fraud prevention capabilities to safeguard your organization's finances. ## Resources Webinar - Webinar - AP Fraud Fighter's Toolkit - Podcast series - Brochure - Financial Census - Success story ![Monitor play red](https://www.medius.com/media/iemikxtj/monitor-play-fill-red.svg)On-demand Webinar ### What if your AP automation caught fraud before you had to? See how it works in practice: This 30-minute on-demand session walks through how AI flags anomalies, catches duplicate invoices, and monitors for fraudulent activity before it hits your bottom line. You'll also see how smarter supplier communication has become one of the quietest but most effective lines of defense against fraud. Whether you're scaling operations or just tired of chasing down invoice discrepancies, this session shows exactly how Medius makes it possible. [Watch the recording](https://www.medius.com/resources/events-and-webinars/smarter-ap-reduced-risk/ "Smarter AP, Reduced Risk") [!\[Banner promoting the webinar featuring a photo of the speaker Evan Nore\](https://www.medius.com/media/ry4jha50/speaker-banner-medius-tech-demo-june-2026.jpg?rmode=max&width=372&height=0&v=1dcd40c19cf14d0)](https://www.medius.com/resources/events-and-webinars/smarter-ap-reduced-risk/) ![Microphone Fill Red](https://www.medius.com/media/xfrdnvob/toolbox-fill-red.svg)Toolkit ### Stay ahead of AP fraud with proactive detection and smart technology Fraud costs your business more than just money. It impacts reputation, operations, and trust. Medius Fraud & Risk Detection helps you fight back with advanced AI that safeguards your AP processes while saving you time and effort. Download the fraud fighter's toolkit to take the first step in detecting and stopping costly fraud. [Get the toolkit](https://www.medius.com/resources/guides-reports/ap-fraud-fighters-toolkit/ "AP Fraud Fighter's Toolkit") [!\[AP Fraud Fighter’s Toolkit cover\](https://www.medius.com/media/wollozkt/resource-menu_fraud-fighters-toolkit.png?rmode=max&width=372&height=0&v=1dbc6a26880ba70)](https://www.medius.com/resources/guides-reports/ap-fraud-fighters-toolkit/) ![Microphone Fill Red](https://www.medius.com/media/ndmdtvjh/microphone-fill-red.svg)Podcast series ### Heroes blow the whistle, for better (or worse). Have you ever wondered what happens when an employee exposes the fraud and greed from within a corporation? In the **new and final season** of our award-winning podcast series, [Accounts Deceivable](https://www.medius.com/medius-podcast-series/ "Medius Podcast Series"), we uncover the perils and rewards of whistleblowing and the unstable tightrope between the two that reporters must navigate. These real stories come straight from the headlines with details from the whistleblowers' personal experiences that you've never heard before. [Listen to full episodes](https://www.medius.com/medius-podcast-series/ "Medius Podcast Series") ![brochure icon](https://www.medius.com/media/nhvda3sx/file-text-fill-red.svg)Product brochure ### Get smart about fraud with AI‑backed technology. Medius Fraud & Risk Protection adds the ultimate protective barrier against fraud and risk for your organization’s finances. This enhanced protection against fraud fights fraud with the benefit of AI-backed technology, so you can trust that only real invoices are being paid to the correct suppliers, and that your company’s hard-earned profits are safeguarded against bad actors and potential threats. Read our product quick guide to learn more. [Get the brochure](https://www.medius.com/resources/product-brochures/medius-fraud-risk-detection-product-guide/ "Medius Fraud & Risk Detection Product Guide") [!\[Medius Fraud and Risk Detection brochure cover\](https://www.medius.com/media/kx4myimy/resource-menu_ap-fraud.png?rmode=max&width=372&height=0&v=1dd13cd32f01080)](https://www.medius.com/resources/product-brochures/medius-fraud-risk-detection-product-guide/) ![red flag icon](https://www.medius.com/media/o1vf0mfl/flag-pennant-fill-red.svg)Financial Census ### $133,000 is a lot to lose. 20% of finance professionals are unable to estimate how much fraud is costing them—because they’re often unaware that it’s happening—but the other 80% put the average cost at $133,000 annually. The 2024 Financial Census reveals key challenges of finance teams, including rising fraud, growing deepfake scams, issues of internal fraud, fear of retaliation for whistleblowing, and the retention of talent. [Read the report](https://www.medius.com/financial-census/ "Financial Census") ![checkmark icon](https://www.medius.com/media/ldybtap1/seal-check-red.svg)Real-world success ### Karl Lagerfeld case study The team at Karl Lagerfeld has been able to spend less time chasing down approvals, resulting in faster invoice payments. Medius has helped verify invoices and reduce errors, ensuring a consistent and efficient process throughout the company. This has not only saved them time and money but also bolstered their overall risk reduction efforts. **Discover more about how Medius transformed Karl Lagerfeld's accounts payable processes and learn how you can achieve similar results.** [Read the Full Case Study](https://www.medius.com/resources/case-studies/karl-lagerfeld/ "Karl Lagerfeld") [!\[Karl Lagerfeld case study cover\](https://www.medius.com/media/abwippsr/case-studies-menu_karllagerfeld.png?rmode=max&width=372&height=0&v=1d9d14cbc9f0c80)](https://www.medius.com/resources/case-studies/karl-lagerfeld/) Previous Next ### Fraud & Risk Detection FAQs * * * What is fraud protection software? Fraud protection software is a technology solution designed to identify, prevent, and mitigate fraudulent activities within an organization. It leverages advanced algorithms, artificial intelligence (AI), and machine learning to monitor transactions, analyze patterns, and detect anomalies that may indicate fraudulent behavior. This software is crucial for businesses to safeguard their financial transactions, maintain data integrity, and ensure compliance with regulatory standards. By automating the detection and prevention processes, fraud protection software helps reduce the risk of financial losses, enhance security, and improve overall operational efficiency. Why invoice fraud and risk detection software? Implementing invoice fraud and risk detection software offers numerous advantages that significantly enhance the security and efficiency of your accounts payable processes. By leveraging advanced AI and machine learning technologies, this software provides robust fraud prevention and ensures your financial transactions are accurate and secure. ![Fraud detection software sceen](https://www.medius.com/media/zywh3do5/fraud-detection-invalidate-invoice.png?rmode=max&width=372&height=0&v=1d9f16f7df03b60) Enlarge Image How does AI improve fraud detection? AI improves fraud detection by using advanced algorithms and machine learning to analyze large volumes of data in real-time. It can identify patterns and anomalies that may indicate fraudulent activity more accurately than traditional methods. AI continuously learns from new data, improving its detection capabilities over time. Medius's fraud detection AI has been trained on 10+ years of real AP outcomes, including approvals, rejections, and confirmed fraud flags, making it significantly more accurate than models trained on generic or synthetic data. This allows for faster identification of potential fraud, reducing the risk of financial losses and enabling quicker response times. Why is fraud detection important in accounts payable? Fraud detection is crucial in accounts payable because it helps prevent financial losses, maintains the integrity of financial records, and safeguards the organization’s assets. [Accounts payable fraud](https://www.medius.com/glossary/what-is-accounts-payable-fraud/ "What is Accounts Payable Fraud?") can lead to significant monetary losses and damage the company's reputation. Effective fraud detection ensures that only legitimate invoices are processed and paid, reducing the risk of duplicate payments, unauthorized transactions, and financial discrepancies. By implementing robust fraud detection measures, businesses can enhance their financial security, ensure regulatory compliance, and maintain trust with suppliers and stakeholders. What are red flags for invoice fraud [Red flags for invoice fraud](https://www.medius.com/glossary/invoice-fraud-guide-to-prevention-detection/ "Invoice Fraud: Guide to Prevention & Detection") include mismatched purchase order numbers, unexpected changes in supplier information, duplicate invoice numbers, and unusual payment terms. Other signs are invoices from unfamiliar suppliers, vague descriptions of goods or services, and discrepancies in amounts. Lack of proper authorization or approvals outside standard procedures can also indicate fraud. How does Medius detect invoice fraud? Medius detects invoice fraud by leveraging advanced AI and machine learning technologies to analyze invoice data for anomalies and suspicious patterns. The software performs risk detection by continuously monitoring for red flags such as duplicate invoices, mismatched payment details, and unusual changes in supplier information. Real-time alerts and automated risk scoring help accounts payable teams promptly identify and address potential fraud, ensuring the accuracy and security of financial transactions. What types of anomalies can Medius Fraud Detection Software identify? Medius Fraud Detection Software can identify various anomalies through its advanced risk detection capabilities. These include duplicate invoices, discrepancies in payment amounts, changes in supplier information, and mismatched invoice details. The software also flags unusual transaction patterns and detects deviations from established spending behaviors, ensuring comprehensive protection against fraudulent activities and errors in the accounts payable process. Medius Fraud Detection Software can identify various anomalies including duplicate invoices, discrepancies in payment amounts, changes in supplier information, mismatched invoice details, vendor impersonation, and payment redirection attempts. The software also flags unusual transaction patterns and detects deviations from established spending behaviors, ensuring comprehensive protection against fraudulent activities and errors in the accounts payable process. How does Medius ensure data security in fraud detection? Medius ensures data security in fraud detection by employing advanced encryption methods and secure data transfer protocols to protect sensitive information. The platform also uses multi-factor authentication and access controls to prevent unauthorized access. Regular security audits and compliance with industry standards further enhance the protection of data, ensuring that all transactions and sensitive information remain secure throughout the fraud detection process. What do I need to get started with Medius Fraud and Risk Detection? Medius Fraud and Risk Detection requires [Medius Accounts Payable Automation](https://www.medius.com/solutions/medius-accounts-payable-automation/ "Medius Accounts Payable Automation"). Medius links invoice capture, processing, and payment to reimagine the AP process. Fraud and Risk Detection uses the data captured through the AP process and applies Medius’ advanced AI and machine learning to provide new insights and detect anomalies. What control do I have regarding the types of anomalies and best practices implemented? Medius allows you to gradually implement best practices as appropriate for your organization. For example, you may turn on the “Four eyes” double approver requirement or disable it depending on your organization’s needs. How is Fraud and Risk Detection different from existing anomaly detection in Medius AP today? The main difference is that Fraud and Risk Detection provides you with an end-to-end process starting at detection and following through to insights into the fraud amount, types, and actions taken so you can better understand how your organization’s fraud prevention process is performing. Medius AP Automation does flag some basic anomalies, such as suspected duplicate invoices and changes in payment address. [View more FAQs](https://www.medius.com/frequently-asked-questions/ "View more FAQs") ### Explore the latest fraud & risk guides * * * [Closing the AP Fraud Gap: SSON Essentials Guide](https://www.medius.com/resources/guides-reports/closing-the-ap-fraud-gap/) [The construction AP risk map](https://www.medius.com/resources/guides-reports/construction-ap-risk-map/) [The modern finance leader's risk & controls toolkit](https://www.medius.com/resources/guides-reports/the-modern-finance-leaders-risk-controls-toolkit/) [AP Fraud Fighter's Toolkit](https://www.medius.com/resources/guides-reports/ap-fraud-fighters-toolkit/) Previous Next [See more resources](https://www.medius.com/resources/ "Resources") ### Explore the latest fraud & risk blogs * * * [8.11.2026 The best AP automation platforms for strengthening payment controls](https://www.medius.com/blog/the-best-ap-automation-platforms-for-strengthening-payment-controls/) [8.3.2026 Improving freight invoice accuracy with AP automation](https://www.medius.com/blog/improving-freight-invoice-accuracy-with-ap-automation/) [7.22.2026 How poor supplier data leads to duplicate payments](https://www.medius.com/blog/how-poor-supplier-data-leads-to-duplicate-payments/) [7.21.2026 What AP automation features help prevent duplicate payments?](https://www.medius.com/blog/what-ap-automation-features-help-prevent-duplicate-payments/) [7.21.2026 How AP teams can strengthen internal controls to prevent duplicate payments](https://www.medius.com/blog/how-ap-teams-can-strengthen-internal-controls-to-prevent-duplicate-payments/) [7.17.2026 Why an approved invoice isn’t always ready to pay](https://www.medius.com/blog/why-an-approved-invoice-isn-t-always-ready-to-pay/) [7.13.2026 Identifying duplicate payments in retail supply chains](https://www.medius.com/blog/identifying-duplicate-payments-in-retail-supply-chains/) [6.29.2026 The hidden cost of manual invoice processing (and how to calculate it for your CFO)](https://www.medius.com/blog/cost-of-manual-invoice-processing/) [6.18.2026 The best AP automation tools for fraud prevention](https://www.medius.com/blog/the-best-ap-automation-tools-for-fraud-prevention/) [6.18.2026 Why AP fraud is harder to prevent than most finance teams expect](https://www.medius.com/blog/why-ap-fraud-is-harder-to-prevent-than-most-finance-teams-expect/) [6.18.2026 Why AP approval workflows create fraud risk and how automation closes the gaps](https://www.medius.com/blog/why-ap-approval-workflows-create-fraud-risk-and-how-automation-closes-the-gaps/) [6.10.2026 10 questions every controller should ask when evaluating AP automation software](https://www.medius.com/blog/ap-automation-questions-controllers-should-ask/) [6.9.2026 What controllers should look for in AP automation software: a practical evaluation guide](https://www.medius.com/blog/ap-automation-software-controller-guide/) [6.1.2026 Top finance priorities from the Gartner Finance Symposium/Xpo™ 2026](https://www.medius.com/blog/top-finance-priorities-from-the-gartner-finance-symposium-xpo-2026/) [5.26.2026 Common types of accounts payable fraud and how technology reduces the risk](https://www.medius.com/blog/accounts-payable-fraud-types-prevention/) [!\[business professional looking at computer monitor\](https://www.medius.com/media/ygihafrx/stock1.jpg?width=340&height=245&v=1dc4dd0a8c32590) 3.23.2026 How do banks investigate unauthorized transactions?](https://www.medius.com/blog/how-do-banks-investigate-unauthorized-transactions/) Previous Next [Read more blogs](https://www.medius.com/blog/ "Blog") ## Ready to transform your AP? [Book a Demo](https://www.medius.com/book-a-demo/ "Book a Demo") [Contact Us](https://www.medius.com/contact-us/ "Contact Us")