Accounts Payable Audits
Every AP transaction is audited for accuracy by Profectus technologies and the audit team.
The Accounts Payable audit will identify and recover duplicate and overpayments, GST processing errors and aged vendor statement credits.
Accounts Payable Audits ROI:
- Financial inflows: on average $25,000 to $75,000 for every $100 million of spend
- Benchmarking: against peers and internal period on period benchmarking
- Process and system recommendations
- Little resource input from client
- Extension of Internal Audit reach
The audits provide an understanding of system and process effectiveness and performance benchmarking against peers.
Our technologies prevent future errors with real time auditing and highlight opportunities to improve your terms.view case studies