Profit Recovery Tag

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tatement Audits – Uncover Lost Money within the Vendor Master File

Statement Audits – The Untapped Potential for Your Business. Statement auditing isn’t a new concept. It has been a part of the audit industry for quite some time. However, its traditional and manual processing nature limited wider use and true potential. Thanks to the unparalleled development of technology and fully automatized processes over the last decade, we’ve been given a unique chance of rediscovering and...

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Profit Recovery Audit Introduction

What is a Profit Recovery Audit?   A profit recovery audit firm will do a rigorous review of a company’s disbursements to find funds that may be due back to the enterprise because of duplicate payments, overpayments, or failure to take credits or other deductions. Each disbursement is examined against the supporting documentation to assure that the entire amount was valid and then, for a fee, will...

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Recovery Audit Obscure

What is a Profit Recovery Audit? A profit recovery audit firm will do a rigorous review of a company’s disbursements to find funds that may be due back to the enterprise because of duplicate payments, overpayments, or failure to take credits or other deductions. Each disbursement is examined against the supporting documentation to assure that the entire amount was valid and then, for a fee,...

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