Identify Process Gaps to Enhance Performance
Constantly shifting standards and regulations mean that what works today may not be the case tomorrow. Trust us to help provide product and spend analytics that ensure your compliance while maximizing your value.
Face These Banking Challenges Head-On
To succeed and grow in an increasingly competitive and saturated marketplace, investing in new business initiatives and relationships is a must. Our proven excellence in identifying and recovering hidden profit helps ensure your business growth and continuity.
New technologies offer revolutionary solutions for the banking industry. With client expectations growing, our secure technology-enabled approach brings the speed and accuracy required to identify operational inefficiencies and the means to correct them in today’s 24/7 environment.
In what can feel like a commoditized industry, you must search for ways to stand above the rest. Whether you provide a new service release or a new marketing campaign, we help find the revenue required to reinvest into innovation.
Accounts Payable Recovery Audit
Outsmart the Spend Cycle
Although untapped value exists within your source-to-pay data, the resources for finding that value are scarce. Common errors like duplicate payments can lead to millions of dollars in lost profit. Our Accounts Payable Recovery Audit helps companies identify and recoup funds across a myriad of settings and prevents the errors from happening again.
Our comprehensive approach reviews all major factors of your accounts payable process, including:
- Escheatment avoidance
- Sales and use tax
Realize Maximum Contract Value
With the significant number of third parties you manage, making sure they fully deliver on contracted terms can be a huge task. Our Contract Compliance Audit services help ensure that your contracts are thorough and effective and that all third parties are performing and invoicing to your negotiated agreements.
Our services cover:
- Price variance
- Labor rates and per diems
- Equipment and materials
- Mark-ups and multipliers
- Profit and overhead
- Negotiated supplier agreements
More Data, More Expertise, More Value
Every day that your source-to-pay cycle isn’t optimized is a missed opportunity to find the resources you need to invest in and grow your business. Our Advanced Analytics combine industry-leading consulting and data expertise with robust tools to rapidly uncover insight and take action to deliver bottom-line results.
In any competitive market, profit margins are slim. For retailers and B2C firms, earning $10 million in pre-tax profit takes a lot of sales. Even more so for lower-margin wholesale...
Download Our White Paper: "Contract Audit: The Power of Prevention" Traditionally, supplier contract audits have focused on finding past billing errors and working to recoup funds, but times are changing....
Download Our White Paper: "How Artificial Intelligence And Machine Learning Are Transforming Recovery Audit" Explore how advanced analytics are shifting recovery audits from retrospective to preventative in our exciting...