Our AP
Assessment process
We believe in the concept of trying before you buy. Let’s be honest, you don’t know us. We talk all about our experience and technology, but it all just talk. The best way we can build trust is to do a low-risk zero cost project.
Step 1
Sign an NDA
We talk all about our experience and technology, but it all just talk. The best way we can build trust is to do a low-risk zero cost project. We want to show you what we can do. We know you will be impressed enough to sign up with us.
Step 2
Gather your data
We will work with your IT department to extract the data required. We will require Vendor Master File Data, Invoice Data, and Payment data. Working with your IT department we will be sure that it is transferred to us in a secure encrypted manner.
Step 3
Process data
We will process your data through our technology platform.
Presentation of Results
We will provide you with a presentation of our findings which will include;
- High-level A/P Processing Metrics.
- Vendor Master file metrics. Including Duplicate vendors, Data Quality, and usage.
- Historic Duplicate Payments. We will find historic duplicates that you have processed but you have already results. This will show the historic trend of errors.
- Summary of the new Duplicate Payments that have not been identified. We will provide you with a sample of duplicates to validate the results
- We will perform an initial vendor selection if you were to hire us for an audit.
- We will calculate the expected amount to be recovered if we perform an audit.
Do you have 3 minutes?
We have put together a 3 minute video that explains why every company should consider an Accounts Payable Recovery Audit. It will be worth the 3 minutes of your time.
