Geoficiency Reviews & Product Details

In many large organizations, financial control still rests largely on sampling. Audit and finance teams review a fraction of the accounting entries, often after the fact and by hand, which leaves room for errors, anomalies and fraud or corruption risks to go unnoticed. Meanwhile, regulators and stakeholders expect stronger evidence that these risks are actively monitored and documented. A level of assurance that manual, sample-based checks aren't always able to provide. Geoficiency, by Sixthfin, extends this control to the entire population of transactions. A single group often runs several ERPs and charts of accounts across its entities; Geoficiency consolidates them into a common group reference and analyzes 100% of accounting entries, combining algorithmic, machine-learning and AI-based methods to detect anomalies, errors and fraud or corruption risks, whatever the underlying system, entity or currency. Run on a recurring, a posteriori basis, it supports continuous monitoring and compliance programmes, including anti-corruption regulations such as the FCPA and Sapin II, and gives Finance, Audit and Compliance teams the means to investigate suspicious patterns and document their risk-management framework. The result: exhaustive coverage instead of sampling, faster investigation, and demonstrable, audit-ready control across the group.