Drive quality into your accounting system usage



Reduce your risk and protect against fraud with continuous monitoring of accounting system data


Improve business practices to enable growth

Trust your data, Trust your employees, Trust your profits.
Product Overview

Product Overview

Protect your business against employee fraud with the Watchful Eye Software continuous detection and monitoring solution. Seamless integration with MYOB AccountRight and Xero. Validation of key card information against 3rd party databases – ASIC®, NZ Companies Office ® and Google Maps ®. Out of the box analysis of a wide range of Supplier, Customer and Employee attributes and relationships. Highlights changes to bank accounts where the account has changed since the last payment. Actionable results highlighting suspicious data and transactions…

Product features


Watchful Eye Fraud Detection Software for MYOB + Xero seamlessly integrates to your accounting system, it keeps watching your accounting system activity and provides actionable lists of suspicious activity for your review

Data Integrity

Validate all “Company” Suppliers and Customers against ASIC & the NZ Companies Office. Validate Supplier, Customer & Employee physical addresses against google maps


Analyse the spread of your current Suppliers, Customers & Employees and highlight transaction volumes

Suppliers & Customers

Analyse transactions highlighting high risk or suspicious transactions to investigate


Keep your employee personal details current. Analyse transactions highlighting high risk or suspicious transactions to investigate. View relationships between your Employees and your Suppliers & Customers

General Ledger

Ensure your company’s total GL transactions align to Benford’s Law distribution

Meet our team

Brett Wilgar BCom, CA

Chief Executive Officer

Brett Wilgar is the founder and the creator of the Watchful Eye fraud detection and monitoring software. He has 20 years of commercial management experience in the IT industry.
Brett holds a Marketing and Accounting degree from the University of Otago and is a Chartered Accountant member of the Chartered Accountants Australia & New Zealand.
“Our story started in late 2013.  I was the CFO of an Australasian IT company when an employee stole AUD$450,000 from the company.
At that time I was not aware of the extent of Employee Fraud and how big an issue it was for businesses, but it sparked a keen interest in the subject area.
After two years of research we started building a product designed to help business owners reduce their risk of employee fraud.”


Kuai Wei PhD

Chief Technology Officer

Kuai Wei has led the development team building the Watchful Eye fraud detection and monitoring software since the company’s inception. He has a PhD in Computer Science specialising in algorithm design from the University of Auckland. He also has over 10 years of programming experience, including 4+ years of algorithm design and implementation.
Kuai is a keen ‘technology evangelist’, looking at the cutting-edge technologies and build prototypes.
He also has deep understanding of software architecture, security, database design and optimisation.
At Watchful Eye our software has been built and hosted in the Microsoft Azure cloud platform, applying best practice architecture and security, unit tests, integration tests, DevOps, etc. We have also developed complicated algorithms to analyse all aspects of accounting data together with multiple 3rd party data connections to report suspicious records. Our investment on algorithms will never stop.

Julie Fraser BA

Marketing and Communications

Julie Fraser brings over 25 years sales and communications experience to the Watchful Eye team.

After graduating from Massey University, Julie travelled and then worked in Australia in sales roles for 10 years. Since returning to New Zealand she has worked in the media and IT industries in sales, administrative and management positions.

Julie heads marketing and communications for Watchful Eye and, being very passionate about the customer experience, she is our customer ambassador.

Former employee stole more than $30k from Gore business

While this may not be a large amount of money (in employee fraud statistics), it sends a good message about the need to keep a watchful eye over your accounting system to make sure nothing untoward is going on. Our Watchful Eye software continuously monitors your accounting system and alerts you to any edits to invoices and changes in business bank accounts. Our business tool can help prevent this type of fraud and reward your efforts and hard work with your business…

Read More

Ministry of Transport swindler Joanne Harrison pleads guilty to benefit fraud

Often when offenders of employee fraud are caught, stories of their offending in prior roles comes to light.  The fraud they commit adversely affects the companies and employees they work with and many are let go without prosecution because of the stigma around the company being victim to fraud.  The only way this will change is for companies to have clear anti fraud policies and practices, and, if fraud is detected, to be able to provide the information needed to…

Read More

Canberra woman who nabbed $157,000 jailed for ‘largely inexplicable’ fraud

Where there are no controls in place, and no analytics of payroll and payment data, this type of “not sophisticated” fraud is too easily carried out.  It wasn’t until the new CEO undertook a financial audit that the fraud was detected.  Another common element here is that “because of her role and the confidence that she had inspired, her work was not closely supervised.”  Where executive employees are busy within their own roles and do not have the time to…

Read More

SkyCity fraudster jailed for seven years, eight months

There has been a lot of coverage of this case and it is good to see that Judge Philip Connell not only highlighted that Grant’s repetitive offending had breached the organisations’ and employees’ trust, but also that she, and others who commit employee fraud, will be jailed for this crime.  The best outcome is for you to be able to prevent this crime from occurring, and ACFE report that having a monitoring tool is proven to reduce your losses by 54%…

Read More

White collar crime ‘rampant’ as nearly 900 fraud complaints go uninvestigated

This highlights the prevalence of employee fraud in New Zealand, and the inability of companies to protect themselves or provide the necessary details for this fraud to be investigated by the police.  The article states there is little deterring criminals from committing fraud and “(it is) a bit of an internal joke in police that if you’re going to commit an offence, fraud is the offence to commit (as) the chance of being detected is incredibly low…..” Watchful Eye software…

Read More

Former Public Trustee contractor jailed for stealing more than half a million dollars

Often fraud happens over a long period of time, with the perpetrator becoming bolder as time goes on and the fraud remains undetected.  Watchful Eye software monitors every transaction and reports on changes and anomalies which can prevent this from happening.  By instigating an anti fraud policy in your company and implementing anti fraud software, you reduce your risk to employee fraud and will not be a workplace fraudsters will look to be employed. November 4, 2016 A…

Read More

Hamilton office administrator admits $203,000 theft from employer to fund gambling addiction

Gambling is cited by many as their reason for defrauding their employers and something to be aware of as an employer with your staff.  More and more we are seeing this reason used in court, but it is hard to gain an accurate picture as many exaggerate the extent of their gambling issues to garner sympathy.  This is something Judges seem aware of, acknowledging gambling addictions as explaining but not excusing the offending – as is the case here with this…

Read More

Joanne Harrison’s $725,000 ‘web of deception’ revealed in new documents

There has been a lot of coverage of this case.  If one theme should be raised to my readers, it is that threatening behaviour of fraudsters is quite common – being ‘grumpy’, ‘unapproachable’, etc is a common front to avoid being questioned. Care should be taken when trust is placed in staff with these attributes. Also validating suppliers so ‘imaginary’ ones do not get set up in your accounting system (let alone having invoices paid to them) is very important.…

Read More

NZ: +64 9 886 2850

AU: +61 2 8259 0395


Watchful Eye Software Limited 2017