AP recovery audit

 

Transparent’s meticulous AP recovery audit service provides in-depth analysis of your outgoing payments, potentially saving your business millions. We will seek out any undue payments, as well as a range of other unintentional payments, which would otherwise have remained hidden in your suppliers’ bank accounts. We simultaneously uncover other items, such as outstanding balances, unrecovered VAT and missed cash discounts.Transparent will identify the underlying causes for undue payments, recover your lost profits and provide you with advice on process improvements to prevent future losses. Transparent does all the work, so you don’t have to.

Why choose Transparent’s AP Recovery Audit?
  • Innovative data mining software: our industry-tailored approach is both technology and process driven. We guarantee best quality and maximum results through use of our innovative data mining software and state-of-the-art algorithms.
  • 24/7 Client Portal: track the progress of your audit anytime through our unique client portal
  • Clear management information: our high-quality audit of your accounts payable process will provide invaluable information, such as benchmarks, analysis reports and tailor-made recommendations.
  • Increased net earnings: through recovery of undue payments and outstanding balances, as well as reclaiming VAT.
  • Risk-free process 

“Not only did Transparent find and recover double payments, but they have also identified weaknesses in our AP processes. The team was very supportive and pleasant to work with.”

Jasmina Tadin Procurement - Bank Julius Bär & Co. AG