Manually checking invoices to ensure you’re only paying the agreed rate from your supplier is complex and time-consuming. When errors are found, they often seem so small and insignificant that they're not worth manually pursuing with the supplier.
But these “small” amounts all add up! Our data shows that organisations experience supplier overcharges and overpayments in excess of 2% for large or complex contracts.
Take control of your invoices
Our vendor contract compliance audit solutions take control of your different data sources, supplier agreements, and rate cards, and intelligently match them to supplier invoices in real-time, before you pay them. And we recover any duplicate or overpayments in the process.
REAL-TIME INVOICE COMPLIANCE & RECOVERY
FREIGHT & LOGISTIC AUDITS
CONTRACT COMPLIANCE OPTIMISATION & PERFORMANCE REPORTING
CONTRACT LABOUR AUDITS
TRAVEL EXPENDITURE REBATE AUDITS
SKU USAGE & SPEND BEHAVIOUR REPORTING
MINING SERVICES AUDITS
The Profectus difference
Automatic, ‘Real-time’ invoice accuracy
Testing 6,000 fields for accuracy every 3 seconds
Achieve 100% recovery not just 'some' recovery
Line item data for spend visibility, understanding and optimisation
Remove overcharging and, in turn, reduce spending
Align your invoice compliance check to your invoice approval or capture process