Prospectus Group Australia
Prospectus Group Australia

Contract Compliance

A preventative software solution that identifies duplicate charges, pricing over-charges and other errors by comparing your supplier’s invoice data to historical payments, prior to payment. The system utilises Profectus’ industry leading duplicate payment analysis and pricing methodologies and integrates with your ERP system.  

 

Features
  • Identify invoicing errors pre-payment
  • Increase visibility of spend patterns
  • Ensure contracted payment compliance
  • Audit Summary reports and workflow
  • Customised Executive Dashboard for KPI tracking
  • Automated reconciliation 
  • Automated supplier invoice import 
  • Configurable reporting tools – management style presentation 
  • Automated, self managed and customised workflows
  • Customised catalogue structure
  • Drill down classification and search by relevance
  • Export capability (.csv) for further analysis
 Benefits
  • Identify invoicing errors pre-payment
  • Strong return on investment (ROI)
  • Reduce FTEs to manage contracts
  • Eradicate financial leakage 
  • Increase profitability by better managing your spend
  • Streamline business processes 
  • Better cash flow management


Below is an example of our Contract Compliance application:
 

 To have one of our consultants discuss how Contract Compliance can specifcally assist your organisation: Contact Us