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.