Contract Compliance Audits
Using our leading Contract Compliance technology, Profectus delivers live audits of detailed invoice data against contract data as a monthly prepayment service. Historical invoice data can also be audited.
Profectus manages the end-to-end process from detailed invoice and contract data collection through to supplier liaison and recoveries.
Let Profectus take control of your contract compliance
Human error in the procure to pay processes creates billions of dollars per annum of lost value and frustrates relationships. Profectus’ audits and technologies help solve this problem.
- Identify and recover errors – Rate errors of 0.25% – 1% & Service errors of 0.25% – 2.5%
- Low input from clients as Profectus does all the work from find to recovery
- Transactional level control that complements existing internal and external audits
- Profectus’ Audit technology enables live auditing
- Profectus are experts and the leaders in Australia and NZ – CC technology and audits used by ASX100
- Detailed data and BI dashboards assist with spend and terms optimisation
- Out of Contract and Purchase Price Variance reports
- Detailed data to monitor spend and access to line-item data
Drill down to item level and action out of contract spend opportunities
BI dashboard reporting to assist with spend optimisation
Our comprehensive Contract Compliance technology will extend your internal audit process and improve your controls
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