Bank details, tax IDs and addresses submitted at onboarding are largely taken on trust. Without external validation, you are exposed to payment fraud, sanctions breaches and compliance gaps, often unknowingly.
HICX Origin connects your supplier records to trusted external data sources, validating and enriching supplier data at the point of entry and continuously after.
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HICX Origin connects supplier records to a network of trusted external sources, covering bank account validation, tax ID verification, sanctions screening, financial health, ESG data and address verification.
Validation runs the moment data is submitted and continues on a schedule you set. When a sanctions status, financial position or bank account changes, your team knows before it becomes a problem.
“In the last few years we have seen increased cases of attempted fraud. Most of them unsuccessful, thankfully, but this tool helps to enforce that governance and mitigate fraudulent activity”
Craig Penk, Director, P2P Procurement Strategy and Process
Bank details and ownership are checked before a supplier is activated, so account-substitution and payment fraud are stopped at entry rather than discovered after the money has moved.
Suppliers are screened at onboarding and on an ongoing schedule. A change in sanctions status or compliance standing reaches your team while there is still time to act.
Financial health, ESG and risk data sit on the supplier record, so procurement and compliance decide on real intelligence rather than a name and a bank account.
Origin runs inside the HICX platform, at the point of data submission, as part of onboarding. Validation is not a separate step anyone has to remember; it is built into the process by design.
Bank validation, sanctions screening, financial health, ESG ratings, address verification and document checks are all available through one integration layer. No separate contracts or connections to manage per source.
Origin components are licensed separately. Start with bank validation and sanctions screening if that is the urgent need and add enrichment and ESG data later. Pay for what you use rather than a full suite up front.
Most validation tools check once at onboarding. Origin monitors on an ongoing schedule, so when a sanctions status, financial position or bank detail changes, your team is alerted before it creates a problem.
Routing numbers, IBANs and SWIFT/BIC codes are checked against certified databases. Account ownership validation confirms the account belongs to the entity claiming it, reducing account-substitution fraud at the point of submission.
EIN, TIN and UK and EU VAT numbers are verified against certified government and regulatory databases at submission. Invalid or unrecognised tax IDs are flagged before the supplier record is activated.
Suppliers are screened against OFAC, EU and UK sanctions lists at onboarding and on a daily, weekly or monthly schedule thereafter. Alerts surface when a supplier’s status changes, giving compliance time to act.
Addresses are validated and corrected as supplier data is submitted. Invalid or unrecognised addresses are flagged before they enter the record, reducing downstream errors in invoicing, logistics and compliance correspondence.
Bring D&B firmographic, financial-health and risk data and EcoVadis ESG scores onto the supplier record. Bring Your Own Licence support means existing D&B or EcoVadis contracts connect without duplicating cost or contract.
IRS W-8 and W-9 forms are checked for completeness, consistency and authenticity, with expiry tracking and an audit trail, so document compliance is maintained over time, not just at submission.
Bring Your Own Licence connects your existing D&B and EcoVadis contracts, so the data you already pay for enriches your records without a second licence or a new commercial relationship.
External checks happen automatically when supplier data is submitted. Suppliers complete no extra steps, clean submissions are processed normally, and only flagged ones need follow-up, managed inside HICX.
Validation results, risk scores and sanctions status all attach to the supplier record in HICX. Procurement, compliance and AP see the full picture in one place, with no manual reconciliation.
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