--- description: Review of NXG Forensics Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice New Zealand. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: NXG Forensics | Reviews, Pricing & Demos - SoftwareAdvice NZ --- Breadcrumb: [Home](/) > [Fraud Management Software](/directory/4642/financial-fraud-detection/software) > [NXG Forensics](/software/394282/nxg-forensics) # NXG Forensics Canonical: https://www.softwareadvice.co.nz/software/394282/nxg-forensics Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.co.nz/software/394282/nxg-forensics?page=2) > The FISCAL Technologies software protects working capital by continuously preventing financial loss and eliminating supplier risk. The software uses forensically analyses every supplier and invoice, using AI, industry-recognised logic, financial analytics, and our powerful algorithms across thousands of data points, to identify financial risks including fraud and duplicate payments. Alongside this, our continuous supplier monitoring helps your team cleanse the supplier master file, identify fraud, find potential supply chain disruption and alleviate audit compliance issues. Our solution is also capable of completing automated supplier statement reconciliation, so you can get to work on recovery, not discovery. How we can help your organisation: Fraud protection Detect potential fraud with forensic examination of suppliers and transactions. Duplicate payment prevention Forensic analysis of invoices detects duplicate invoices and other anomalies. Working capital optimisation Recover past overpayments and prevent unnecessary payments in the future. Cost recovery Statement reconciliation and historical data analysis allows your team to recover overpayments, credit notes and rebates, and improve ledger accuracy. Cost efficiencies Identify slow and inefficient processes and devise process improvements. Our modules: Transaction risk monitoring Prevent overspend to increase cost efficiencies and safeguard working capital. We analyse your transactions in depth to find and prevent duplicate invoices, data discrepancies, potential fraud, and other exceptions before payment. We know that every finance team works differently, so we put the power in your hands. We give you the tools you need to view, prioritise and assign risks according to your workflow. Supplier risk monitoring Cleanse the supplier master file for dormancy and duplicates, track change history, and detect non-compliance. Manage supply chain risks with sanction, credit score and adverse media monitoring. You can also detect changes to the supplier files and employee-supplier data matches. Statement reconciliation We compare your transactions with supplier statements and find exceptions automatically, saving you time and allowing for a higher volume of reconciliations. Our solution is 12x more efficient than manual reconciliation, allowing you to focus on recovering overpayments and missing credits. Dashboards and custom reporting Manage risks effectively with our risk overview dashboards, which include drill downs for more detail. Use our pre-built reports to track metrics easily and our AI generator in custom reports to create bespoke AP analytics fast. > > Verdict: Rated **4.9/5** by 14 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.9/5** | 14 Reviews | | Ease of Use | 4.7/5 | Based on overall reviews | | Customer Support | 5.0/5 | Based on overall reviews | | Value for Money | 4.8/5 | Based on overall reviews | | Features | 4.3/5 | Based on overall reviews | | Recommendation percentage | 90% | (9/10 Likelihood to recommend) | ## About the vendor - **Company**: FISCAL Technologies - **Founded**: 2002 ## Commercial Context - **Pricing model**: Usage Based (Free Trial) - **Target Audience**: 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Linux (Desktop), Chromebook (Desktop) - **Supported Languages**: English - **Available Countries**: Canada, United Kingdom, United States ## Features - AI/Machine Learning - API - Anomaly Detection - Approval Process Control - Audit Trail - Bank Reconciliation - Cash Management - Check Fraud Detection - Compliance Management - Credit Risk Management - Customisable Reports - Duplicate Payment Alert - ERP integration - Expense Tracking - Financial Analysis - Financial Transaction Approval - Fraud Detection - Internal Fraud Monitoring - Monitoring - Payment Fraud Prevention ## Support Options - Email/Help Desk - Phone Support ## Category - [Fraud Management Software](https://www.softwareadvice.co.nz/directory/4642/financial-fraud-detection/software) ## Related Categories - [Fraud Management Software](https://www.softwareadvice.co.nz/directory/4642/financial-fraud-detection/software) - [Financial Risk Management Software](https://www.softwareadvice.co.nz/directory/4165/financial-risk-management/software) - [Accounts Payable Software](https://www.softwareadvice.co.nz/directory/1851/accounts-payable/software) ## Alternatives 1. 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[QuickBooks Enterprise](https://www.softwareadvice.co.nz/software/49801/qb-enterprise) — 4.5/5 (20613 reviews) ## Reviews ### "Review - Translink" — 5.0/5 > **Julie** | *15 January 2025* | Transportation/Trucking/Railroad | Recommendation rating: 10.0/10 > > **Pros**: How simple the process is and it has saved so much time within our department. > > **Cons**: I dont think it has any cons, we as a company are very happy with the product and advise other businesses that they should purchase. > > I think the customer service is excellent and the team within Fiscal are always updating the product to make it more user friendly. ----- ### "Fiscal NXG adds value to our daily routine" — 5.0/5 > **Nandini** | *8 August 2023* | Retail | Recommendation rating: 9.0/10 > > **Pros**: It was a tool that came in handy as i was looking for items to help with internal audit findings - We were rated very good and i was looking to improve ratings.Using this has captured duplicate supplier set ups ( with good reason) and highlights for us to check if correct . Duplicate payments and duplicate invoices if keyed incorrectly. Saving alot of manual work .We are also trialling the statement rec feature to see how much time it would save the team from carrying this out manually. > > **Cons**: Getting it installed with upgrades or new version and having IT involved the process is complicated and delays on boarding > > We have possibly recovered the initial spend on the product by stopping the payments - we would have probably stopped it anyway but this was done at the onset ----- ### "Powerful software - pays for itself" — 4.0/5 > **Sam** | *20 February 2024* | Government Administration | Recommendation rating: 8.0/10 > > **Pros**: The software picks up duplicate payments that internal controls within the ERP miss due to the use of a special character or a 0 instead of a O. The team at NXG are great to work with and they really do care about customer feedback, implementing change and improvements as a direct result of engaging with and listening to customers. > > **Cons**: There can be a lot of false positive flags for potential duplicate payments. > > NXG Forensics are a great all round team to work with, from trainers to account managers. ----- ### "Top Performing System" — 5.0/5 > **Konrad** | *24 January 2024* | Government Administration | Recommendation rating: 10.0/10 > > **Pros**: NXG or Fiscal as we call it, is the perfect way to prevent your company from paying duplicate payments, I as a user have been using Fiscal for probably 10 years as a Local Authority we have prevented many millions of pounds that is no exaggeration Fiscal as fully justified itself > > **Cons**: To be honest I have no dislikes of the system, we have recently updated to NXG and it is very easy to use > > We have been using NXG for many years and its a great asset to our organisation, we use it on a daily basis and its proven itself again and again ----- ### "NXG Forensics - Great Overall" — 5.0/5 > **Sammy** | *8 March 2024* | Construction | Recommendation rating: 10.0/10 > > **Pros**: The NXG platform is a perfect solution that helps us to prevent risks to supplier payments from duplicates through to fraud. We manage our Master Vendor File regularly to remove duplication and also to monitor changes. We also use the Statement Rec module which saves a lot of time from manually reconciling supplier statements. I would highly recommend the statement reconciliation. The Reporting tools provides us with KPI reports not only on the usage performance but also actionable insights to where errors occur so we can improve processes in our systems and operations. > > **Cons**: I have no dislikes of the system, but we would like the ability for more tool tips on the user interface. > > We have been using NXG for many years and it’s a great asset to our organisation, we use it on a daily basis and it’s proven itself again and again. The Support Team are great\! We have monthly catch ups to see how everything is going. They give great advice to help us. Take on any feedback we have ----- Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.co.nz/software/394282/nxg-forensics?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.co.nz/software/394282/nxg-forensics) ## This page is available in the following languages | Locale | URL | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data