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As you aggregate large quantities of raw materials for processing into paper pulp or building products, you create a complex procure-to-pay process that introduces opportunities for errors in any number of places. The commodities you purchase, for instance, may be subject to index pricing or volume agreements. Are you always charged the correct price for the given day? The decentralized environment - remote plants with invoice approval, central payables department - creates other potential gaps in communication and possible overpayments. Transportation agreements, plant maintenance, construction contracts, all these need reviewing for potential compliance issues. What about excess payments for fuel you use that isn't subject to highway excise taxes?
PRG-Schultz has decades of experience in identifying and recovering the very types of overpayments that decrease the profitability of paper, lumber and building supply companies. We service more than a dozen clients in this segment, and recovered nearly $3 million for them last year alone.
For a client reference, please contact us.
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