A/P and Purchasing Recovery

Where are the opportunities?

Purchasing & Accounts Payable

• Database Analysis for Overpayments
• Payment Errors
• Wrong Vendor Payments
• Returned Materials
• Purchase Pricing
• Freight Charges
• Debit Balance Analysis
• Prepayments and Deposits
• Missed Cash Discounts
• Vendor Errors & Adjustments

Revenue Recovery Audits

• Sales Pricing Analysis
• Product Returns & Credits
• Receivables Analysis

Regulatory Areas

• States Sales and Use Tax
• States Unclaimed Property
• Federal Fuel Tax

Supplier and Vendor
Contract Compliance

• Rebates and Purchase Discounts
• Lease Contracts
• Telecommunications
• Gas, Electrical Utilities
• Workman’s Comp. Insurance

Time Waits For No One

• Recoveries have a "shelf life". Aged items are more difficult to identify and obtain.
• Agreements have a time limit for recoveries.
• Lost revenue becomes someone else's profits.