If you are typical of most organisations you will be facing the following challenges:
- Continual drive for profit improvement
- Transaction volume has grown exponentially
- Every transaction has the potential for error
- A/P departments are under constant pressure to reduce costs and improve efficiency
- Limited resources to pursue auditing activities
- Procurement, Operations and A/P department often face communication challenges
These challenges may expose the organisation to Fraud, VAT / Sales Use Tax errors, Duplicate Payments, Pricing/Receiving Errors, Lost/Missed Discounts, Contract Non-Compliance, and sub optimal business efficiency.
The Etesius Recovery Audit service will identify payment errors and recover cash that would otherwise be lost.
Our experienced auditors utilise specifically developed data analysis tools to efficiently and sensitively generate recoveries from a broad range of leakage areas.
In addition we will deliver specialist management consulting value beyond the immediate cash recoveries.
Our team will provide a high value audit report of findings, practical solutions for mitigating leakage, customised analytics, benchmark reporting and recommendations for enhancing operational efficiency.