Volopay’s algorithm identifies duplicate bill payments by comparing data present in the system. The algorithm identifies any duplicate payment based on the following factors of bill payments -
- Vendor name
- Total Amount
- Invoice date
- Due date
If a potential duplicate payment is identified. The system notifies the request creator as well as approvers of the bill mentioning potential duplicate payment in the notification slider. This helps prevent accidental or fraudulent payments. Thus, saving time and crucial financial resources.