Accounts Payable Overpayment Recovery
Get a Retrospective Accounts Payable Audit
Retrospective accounts payable auditing is the process of identifying and recovering discounts not taken, and credits not used, using powerful computer matching of your records, and the reconciliation of your supplier's statements.
You might be surprised to find that 1% or more of your accounts payable were overpaid or did not take advantage of all the credits and discounts to which you were entitled. These errors happen, even with the best processes. We can audit and recapture these for you, even several years later. Errors are usually due to misunderstanding contract terms, human error and systemic issues.