Forward KYA - Price Sentinel

Forward KYA Price Sentinel is a plug-and-play solution designed to prevent overpricing risk in leasing supplies. Through early-warning mechanisms, it promptly identifies and flags any inconsistency between the price requested by the supplier and the actual market value of the leased asset, helping protect transaction profitability and reduce the leasing company’s risk exposure.

During the purchasing process, supplier quotations may include prices that are not consistent with the actual value of the assets due to obsolescence, limited transparency of information, or potential fraud.

Traditional controls, often based on manual, poorly structured, and difficult-to-scale activities, do not always enable such anomalies to be detected promptly.

Forward KYA Price Sentinel ensures price-consistency checks for leased assets through a comprehensive approach based on:

• Historical purchase-price data, immediately available and ready to use
• Reliable third-party sources, through integration with specialist online valuations such as Eurotax and Ritchie Bros.
• Automated controls based on Machine Learning and agentic AI, continuously active through ongoing monitoring
• Seamless processes, with control rules integrated into the company’s existing creditworthiness assessment procedures

Forward KYA Price Sentinel provides preventive protection against the risk of leased-asset overpricing: risks are prevented before they materialise, and anomalies are detected before approval and payment.