Maximize Profits With Accounts Payable Recovery Audit Services: What You Should Know

By Author

Common Errors Detected by Recovery Audits

Duplicate payments are frequently uncovered in recovery audits, usually occurring due to manual entry errors or system glitches during bulk transactions.

Page 5 illustration

Overpayments often result from inaccurate data entry or misunderstanding of contractual pricing terms, both rectifiable through systematic recovery audits.

Unclaimed credits can also significantly impact finances. Audits may reveal vendors holding unused credits that companies can reclaim, positively impacting cash flow.

Wondering about data security? Most audit providers prioritize confidentiality, employing robust data protection measures to safeguard financial information.