Invoice Verification
Invoice verification is the process of confirming that an invoice is genuine and owed before a lender funds against it. The lender contacts the account debtor directly, across email, portals, or phone, to confirm the goods or services were delivered and the amount is payable, which is the single most powerful control against fraud and dilution.
Why it matters
Direct debtor confirmation is the strongest anti-fraud control a lender has, because most fraud schemes collapse the moment the debtor is contacted. Verification also reduces dilution, catching disputes and short-pays before the advance, and informs how high an advance rate a lender can safely offer.
How verification is done
Manual verification (a clerk emailing or calling each debtor) does not scale. Modern invoice verification software automates outreach across email, portals, and AI voice, and pairs with fraud detection for duplicates and anomalies. Zolvo automates verification across factoring and ABL so it runs on every invoice. See how to choose invoice verification software.