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Accounts Payable Recovery Audit

Trusted by organizations across all industries, our accounts payable recovery audit aims to recover the maximum monetary value towards your bottom line.

Get your payments under control by identifying high-risk suppliers, lost working capital, weak controls, and financial performance improvement.


Accounts payable recovery audit (Don’t miss our AP Audit Fact Sheet below)

An accounts payable recovery audit, also known as an AP audit or risk review, is a review of your organization’s accounts payable historical data for the purpose of identifying and recovering funds paid to vendors in the form of overpayments, including duplicate or wrong payments.

Why engage in an accounts payable recovery audit?

The relationship that exists between vendors, procurement, and accounts payable is effective most of the time, but not all of the time. Financial leakage will always occur. Overpayments quickly add up to a significant amount and if not captured, will result in lost profit to your organization’s bottom line.

With FISCAL’s no cost, no-obligation AP audit, we start by reviewing an organization’s historical spend which typically requires a simple transmission of specific files without any need for special programming. The goal is to identify and capture lost profits due to errors within an organization’s procure-to-pay environment.

Our AP recovery audit will deliver:

  • Immediate cost savings opportunities
  • Detailed analysis of vendors and transactions
  • Ranked list of high-risk vendors and transactions
  • Recommendations for process improvements
  • Management and operational AP reports and benchmarks

Why prioritize an AP recovery audit?

  • Minimal time required from IT for an AP audit
  • Straightforward extraction process for required data
  • Almost no impact on your AP resources
  • ISO 27001 security and NDA agreement to protect your data
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