myB4.ai is an algorithm based, non-invasive cloud service that ingests lean financial data to massively reduce current and future losses, protect your organisation’s reputation, and enhance culture. Benefit from minimal false positives, valuable internal time savings and the avoidance of consultancy fees
myB4 is a Financial Scanner which reveals sharp Insights. Real examples include:
Using myB4, Company A, identified and removed a supplier which had been over-charging them for more than €500.000 over 2 years.
(The very same supplier had also been abusing its position to masquerade as a customer and purchase first rate finished product disguised as scrap at "knock-down" prices).
Company B used myB4 to recognise and remove over $1 million of "false sales" uncovered, which had been booked to demonstrate unreal profits.
Company C used myB4 across supplier, customer and miscellaneous bank transactions to home in and subsequently remove "dirty money" and the infiltration of unsavoury counterparties from its operations.
By following the money to and from suppliers, and using just a few critical data-points, get a grip on those suppliers which are, likely to be taking you for a ride and more.
Everyone loves their customers, but we need to really need to weed out the ones who are taking more than they deserve and putting our reputation in danger…
In our experience, everyone has payments, receipts and even cash transactions which are miscellaneous. The myB4 PreCrime algorithms are specialised at pinpointing where money is rather “loose” which in worst case signify embezzlement, bribes and even money-laundering.
We also offer hands on resolution guidance for the tough cases.
All you have to do is insert a few CSV files, and let the myB4.ai do the hard work
In three simple steps, myB4 reveals Concrete Insights and Opportunities to save Costs and recover Money, ongoing Fraud and fraud risks and provides you with a shortlist of the most significant examples (with minimal false positives) where this is taking place.
Lean financial data from the accounting system without interfering in daily operations
The tried and tested myB4.ai algorithms to produce a Financial Damage Radar with
in-built insights and online guidance
Your opportunities, risks and top cases to examine from myB4's Insightful Interactive Interpreter (i3) so that you can improve performance and protect your organisation
B4 Investigate AB was founded in Sweden by Nigel Iyer and John Wallhoff with the sole purpose of enabling organisations worldwide to recognise, remove and resolve financial damage and fraud by themselves.
Fraud is a pervasive and universal problem estimated to cost more than 6% of global GDP*.
With 300+ years combined experience in forensic accounting, fraud discovery and resolution, B4’s experts designed myB4.ai as a unique tool using smart algorithms to immediately alert organisations to real and potential financial damage caused by
suppliers, customers, and other external counterparties.
From its birth as stand-alone tool in 2016 to today’s cloud-based service, myB4.ai has arguably saved around 40 international organisations over €500 million in avoidable costs, lost revenues, reputational and cultural damage.
Today B4 has over 50 active stakeholders in 3 continents and
in-house use of myB4.ai is constantly growing.
*Centre for Counter Fraud Studies - University of Portsmouth.
Take the 5 minute test to discover what kind of fraud detective you are. From investigating hundreds of frauds and teaching thousands of people to spot and stop fraud over the past decades, we have realized is that absolutely anybody can spot fraud.
Our trials over many years supports our theory that “everybody can be a fraud detective” with four different types of fraud detective traits: Intuitive (typically “gut feel”), Transactional (focussed on details), Technocratic (highly systematic) or Holistic (“big picture”). Typically, people have one strong trait, a secondary trait and other “type traces”.
Co-founders: Nigel.Iyer@myB4.ai (tel: +47 9065 4410),
John.Wallhoff@myB4.ai (tel: +46 70 7743131)
Chief Commercial Officer: Jason.Bayne@myB4.ai (tel: +47 9263 7380)
Chief Technical Officer: Richard.Livingstone@myB4.ai (tel: +44 7711590497)
