- Solutions
Our products
Our solution
Need help? Contact us!
Procurement & Vendor Management
Prevent fraud in invoice payments and supplier onboarding.
Procurement and vendor teams are increasingly targeted by fraudsters using fake or manipulated bank details. MonitorPay gives you the tools to verify and monitor supplier account information — reducing risk, ensuring payouts are secure, and streamlining your onboarding process.
Trusted by 289,000+ businesses
Pain Points
Invoice Fraud via Fake IBANs
Funds diverted to unauthorized accounts due to falsified payment details.
Supplier Impersonation
Fraudulent actors posing as legitimate vendors or altering account data mid-process.
Manual Vendor Verification
Resource-heavy workflows slow down onboarding and introduce operational delays.
MonitorPay Delivers
Verify, validate, and pay with total confidence. MonitorPay gives you the power to instantly check bank account authenticity, match payee identities, and confirm ownership details worldwide, reducing failed transfers and protecting your business from costly errors.
IBAN & Payee Name Validation
Check if the name on the invoice matches the actual account holder — before payment is released.
Real-Time Payee Name Matching
Confirm the company or individual name matches the actual account holder — reducing impersonation risk.
Continuous Monitoring of Vendor Bank Details
Get notified if a supplier’s account is closed, frozen, or changes ownership after onboarding.
Scalable Bulk Validation
Upload entire vendor files or connect your ERP to validate thousands of suppliers in minutes.
Easy Integration with Procurement Platforms
API-first approach enables seamless integration with tools like SAP Ariba, Coupa, Oracle, and others.
Common Use Cases
Finance & treasury teams
Prevent costly payment errors by validating beneficiary accounts before funds are released.
Vendor onboarding
Ensure clean payment data is collected from suppliers from day one.
Freelancer and platform payouts
Validate payee information across multiple markets in real time.
Procurement & shared service centers
Standardize account verification across global teams.
Global, Trusted,
and Secure
The ultimate infrastructure for global entity verification. MonitorPay connects your team directly to primary source data, providing enriched insights through a single, seamless integration. From initial onboarding to ongoing monitoring, we ensure your business stays ahead of regulatory changes automatically.
Verified data across 100+ countries
Official sources: government registries, open banking, and financial institutions
Supports both corporate and individual suppliers
Compliant with internal controls, audit frameworks, and procurement regulations
Start your business journey better with MonitorPay
Schedule a 30 minute call to discuss your priorities and long term goals.
Enterprise-Grade by Default
MonitorPay is engineered for enterprise-level demands, integrating security and compliance into its core. Our API-first architecture provides total flexibility, while our strict "no-storage" policy for sensitive data removes your risk. Built to exceed GDPR, PSD2, and AML requirements, it’s the robust infrastructure your business can build on.
GDPR
Compliant
PSD2
Ready
AML
Ready
API-First
Architecture
No Storage of
Sensitive Data
GDPR Compliant
PSD2 Ready
AML Ready
API-First Architecture
No Storage of Sensitive Data
Trusted by Leaders in Finance & Global Commerce
See why teams at FinTechs, Marketplaces, and global corporations rely on MonitorPay.ai.
"Integrating MonitorPay.ai was a game-changer. We've cut payment failures by over 90%, reducing costs and improving customer satisfaction. The data's reliability is second to none."
Sarah Chen
Head of Payments, NovaPay
"MonitorPay's Account Ownership Verification is the final layer of assurance we need before dispatching large B2B payments. Confirming ownership against official records gives my team confidence."
David Miller
Global Treasury Manager
"Onboarding thousands of sellers was a compliance bottleneck. MonitorPay's API automated our entire verification process. We now onboard faster, with greater confidence and a full audit trail."
Markus Weber
CCO, EuroTrade Market
"We needed a robust verification tool for our merchants. MonitorPay's API was simple to integrate, and their direct data access gives us a huge quality advantage. We launched a critical feature in weeks, not years."
Elena Ricci
Lead Product Manager