Detecting previous overpayments and recovering them boosts your bottom line

At the start of every customer engagement, we aim to clean house with a recovery audit. This looks back over 2 to 3 years of historical transactions using our NXG forensics solution. We detect overpayments and manage the recovery of these on behalf of the customer.  

Recovery audits take time and specialist skills that aren’t typically found in an AP team

Many recovery auditors return year after year, finding overpayments and recovering these on behalf of their clients. But they don’t check everything – their business model is services based, they need to return each year, and they’re not incentivised to offer a preventative service.

Our recovery audit is a financial data-mining service that involves using NXG Forensics to identify and verify duplicate and overpayments already made, and any potential fraud within your historical payments. We then work to recover these from suppliers. On completion of the service, we can optionally leave NXG Forensics in place, to monitor all new transactions and supplier updates to keep risks from entering your ERP.

Forensic-level analysis checks all invoice, whatever their value

Experienced consultants manage the recovery project

Learning about historical overpayments feeds into the prevention of future issues

Rapid time-to-payback, often paying for NXG Forensics many times over

Customer Success Stories & Testimonials

The Last Dance: Making sure your next Recovery Audit is the last one you ever perform!

This webinar demonstrates that, with the right tools, your organisation will be able to achieve assurance and visibility while protecting its working capital, regardless of future challenges that may arise.

Transforming Operational Finance

An in-depth look at the 5 best practices for effective Procure-to-Pay (P2P) risk management

Contact us - Speak to an expert

With a combined experience of well over 250 years within the Financial Management eco-system we are happy to help answer your questions.