Retail merchandise recovery audits are an effective way to recoup funds lost due to overpayments, under-deductions, and simple human error. But like any meaningful business initiative, audits require time, resource,...
Retail merchandise recovery audits are an effective way to recoup funds lost due to overpayments, under-deductions, and simple human error. But like any meaningful business initiative, audits require time, resource,...
Conducting a deep dive to understand the underlying reasons for why something went wrong is an essential part of many jobs. From plumbers to accountants, getting at the root cause...
Most shared service centers (SSCs) had crisis plans prepared when COVID-19 struck. They shifted to remote working, reduced capacity, implemented new collaboration tools, and adapted processes as conditions changed. That...
According to Nielson Intelligence Analytics, in November 2020, the percent of products sold on promotion in the UK was down a little under 15% year over year. Early in the...
One of the first steps a company needs to consider when looking for a recovery audit provider is clearly defining and documenting the expectations of the provider. The expectations will...
The market for smartphones is massive – in 2018 market penetration reached 75% in the United Kingdom and more than 80% in the United States. While growth has slowed over...
Contract compliance audits are an effective way to win back historical cash losses. But as good as traditional audits are at identifying recoveries, the value they can realize is only...
Large businesses have hundreds, thousands and even tens of thousands of supplier relationships that they spend millions or billions on every year. With so many invoices, projects, and contracts associated...
The sheer volume of invoices large organizations face every month means errors and erroneous payments are almost unavoidable. That has been the case for decades, and every finance team must...