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ACCOUNTS PAYABLE RECOVERY AUDITS – WHAT ARE THEY AND WHY SHOULD THEY BE CONSIDERED A BEST PRACTICE?

WHAT IS AN ACCOUNTS PAYABLE RECOVERY AUDIT?

Quite simply, it is a review of your Accounts Payable historical data for the purpose of identifying and recovering funds paid to your vendors and suppliers resulting from overpayments and under-deductions. 

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ACCOUNTS PAYABLE RECOVERY AUDITS – WHAT ARE THEY AND WHY SHOULD THEY BE CONSIDERED A BEST PRACTICE?

WHAT IS AN ACCOUNTS PAYABLE RECOVERY AUDIT? Quite simply, it is a review of your Accounts Payable historical data for the purpose of identifying and recovering funds paid to your vendors and suppliers resulting from overpayments and under-deductions. The reasons for these erroneous payments are numerous and areas of recovery can include duplicate or wrongContinue reading “ACCOUNTS PAYABLE RECOVERY AUDITS – WHAT ARE THEY AND WHY SHOULD THEY BE CONSIDERED A BEST PRACTICE?”