Managed Accounts Payable Recovery Audit Service

This document is a fact sheet detailing a managed accounts payable (AP) recovery audit service. It outlines the challenges organizations face in investigating overpayments and the lack of specialist knowledge to recover these funds. The service offered includes a dedicated consultant who manages the entire recovery audit process, from setting targets and defining project processes to utilizing AI-powered risk management software for identifying recoverable overpayments. The consultant will liaise with suppliers, confirm recoveries with the accounts payable team, and provide regular updates through weekly reports and a final report with results and recommendations. The document also highlights the benefits of the service, such as maximizing working capital, managing risks without disrupting daily operations, and ensuring a thorough forensic analysis. Additionally, it emphasizes features like a no win, no fee policy, expert resources, and collaborative efforts with the client's AP team.