A complete A/P audit includes an electronic and manual review resulting in an in-depth assessment of where and why revenues are being lost. From these results, we design customized cost-saving solutions to fit your organization’s unique needs.
A/P Recovery Audit
ACCOUNTS PAYABLE RECOVERY AUDITS
Recover More Of Your Money
Electronic reviews are conducted using RSI’s suite of proprietary software to the exact specifications of each client’s industry, accounting system and data file format. Our clients deliver data in the format and medium that is most convenient to them. Because our data queries are customizable, our software’s ability to detect payment irregularities and inconsistencies is unmatched. Through the use of fuzzy matching logic, we identify approximately 30 categories of overpayment errors.
Manual audits are completed by intensive hands-on examinations of relevant documentation. Examples include vendor payments, purchase orders (PO), contracts, freight bills, statements, state tax accruals, master file terms, leases, co-op allowances, rebate files, manifests, wires, and check register.
Success Stories
An entertainment company requested a recovery audit of its A/P and sales/use tax departments. Our manual review identified overpayments not found within the data, including overpaid taxes to multiple states. We reduced the client’s state taxes by more than $600,000 and yielded an additional $2.5 million in recovered monies.
Ready to Recover More of Your Money?
For a risk-free, no obligation discussion of how RSI’s services can meet your cost recovery needs, please submit the form below or simply give us a call at 281-776-9407