Consider the realities of today's procure-to-pay process.  High number of supplier agreements with a wide variety of terms and conditions such as commodity prices tied to various indexes, volume rebates, cost-plus arrangements, and tariff and import issues, volume discounts.  Partial shipments and back orders. Incomplete or even missing contracts. Multiple distribution channels.  Global transactions with currency conversions.  In an increasingly competitive world, companies have to improve margins by striking better deals with suppliers and increase productivity by asking their people to do more with less. Against this backdrop, it would be a miracle if mistakes didn’t happen.

Any procurement transaction offers opportunities for payment errors, irrespective of the sophistication of Accounts Payable (AP) software systems. These errors elude even the best control systems and can create meaningful 'lost' profits.

Payment analysis is the systematic process of reviewing payment transactions and related supporting data to identify and recover various forms of overpayment to suppliers.

We provide the payment analysis service (from discovery to recovery) by using our state of the art proprietary technology. With sophisticated data mining and analysis we can cost effectively review 100% of your transactions and identify potential errors. We will then gather supporting documents and correspondence to identify and confirm errors with your suppliers.