Specifications include, but are not limited to: It is the intent of this solicitation to engage one or more qualified firms to furnish a software solution to protect spending, reduce procedural redundancies, optimize efficiencies, lessen the opportunities for fraud and address disbursement risks by auditing accounts payable transactions before, during, and after each payable cycle. The primary intention of this software is to identify high risk transactions such as erroneous, duplicate and potentially fraudulent transactions. The software should also perform an analysis of our vendor database to evaluate the presence of duplicate vendors, missing profile data, unused vendors or unusual vendor file modifications. The software should provide timely statistical data that allow for an organization-wide assessment of our spending. The proposed solution should work alongside the City’s financial system as a tool and resource and should not function as a replacement of the City’s financial system