FISCAL Technologies logo — We protect your spend. Every invoice. Every supplier. Every...

FISCAL Technologies

We protect your spend. Every invoice. Every supplier. Every day.

Founded 2003 United Kingdom Reading, United Kingdom 80 employees Series Unknown Total: $3.60M Big Data, Fintech +1

General Information

Company Name FISCAL Technologies
Founded Year 2003
Location United Kingdom Reading, United Kingdom +2
Employees 80
Industries Big Data, Fintech, SaaS
Funding Stage Series Unknown
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About FISCAL Technologies

FISCAL Technologies, founded in 2003, is a pioneering player in the Big Data, Fintech, and SaaS industries, headquartered in the United Kingdom. The company’s slogan, "We protect your spend. Every invoice. Every supplier. Every day.", encapsulates their mission to safeguard organizational finances through robust software solutions.

Specializing in finance software, FISCAL Technologies offers a cloud-based risk monitoring platform powered by AI, which assists in identifying transactional anomalies and supplier-related risks. This enables finance teams to proactively address potential threats like duplicate invoices, overpayments, and fraud. Their cutting-edge software also supports working capital optimization and cost efficiency improvements, delivering significant savings of £258,000 annually per customer and protecting £300 billion in spend each year.

The company’s strategic advantage is augmented by their continuous innovation and refinement of services based on customer feedback. FISCAL Technologies received a £3.60M investment in a Venture Round in December 2019, led by Calculus Capital and Octopus Investments, underscoring investor confidence in their value proposition and growth potential.

Taxonomy: Spend Protection, Procure to Pay, Fraud Detection, Duplicate Invoice Prevention, Financial SaaS Solutions, Accounts Payable Automation, Supplier Risk Management, AI in Finance, Master Supplier File Cleansing, Working Capital Optimisation, Statement Reconciliation, Forensic Analysis, Transactional Risk Management, Financial Loss Prevention, AP Performance Reporting

Services & Products

Fraud Protection
Duplicate Invoice Detection
Recovery Audit
Automated Statement Reconciliation
Supplier Risk Management
Credit Score Monitoring
Sanctions and ESG Monitoring

Target Customers

Accounts Payable Teams Finance Departments Local Government Agencies Healthcare Organizations Corporate/B2B Services

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 2
Investor Investor
17 Dec 2019
Series C •••••• - 30 Jan 2018

FAQ About FISCAL Technologies

We protect your spend. Every invoice. Every supplier. Every day.
FISCAL Technologies was founded in 2003.
FISCAL Technologies is headquartered in Reading, United Kingdom.
FISCAL Technologies operates in the following industries: Big Data, Fintech, SaaS.
FISCAL Technologies has approximately 80 employees.
FISCAL Technologies has completed 2 funding rounds, raising a total of $3.60M. The latest funding stage is Series Unknown.
FISCAL Technologies offers: Fraud Protection, Duplicate Invoice Detection, Recovery Audit, Automated Statement Reconciliation, Supplier Risk Management, Credit Score Monitoring, Sanctions and ESG Monitoring.

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