Audit Process and Timeline

Delivering results in 12 weeks

01

Data Collection - Week 1

Using our propriety technology you upload AP transactional data. If full AP transaction data can’t be provided due to IT constraints, we can determine a target vendor population based on a simple Excel listing of vendor information and total spend.

02

Data Review & Vendor Selection - Week 2

Our team of experts and technology analyse the data to identify errors and overpayments. Your team will have the opportunity to review the proposed vendor population for the audit & make adjustments.

03

Vendor Outreach - Week 3 to 11

We contact the agreed vendor base as you would, using telephone and email, and we are transparent about the nature of our project. All communication is recorded within our web based solution.

04

Audit Review - Week 3 to 11

Through a process of polite persistence, we will work to achieve a very high vendor response rate

05

Cash Recovery - Week 3 to 11

All claims presented will have been verified as open and available by the vendor. Audit trail provided will allow for an immediate correcting entry in your system (or the initiation of a refund if necessary).

06

Audit summary - Week 12

At the conclusion of the audit, we provide you with a summary of the audit results along with recommendations for process improvement.

Let’s Work Together