Recovery Audit as Part of A/P Best Practices

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Speaker:
Karl Andersson – Founder, Technology Insight Corporation
Rebecca Snyder - Director, Technology Insight Corporation

When is the last time your AP organization had a recovery audit performed? A year ago? Two or more years ago? The recovery of duplicate payments, payments to wrong vendors, and other open credits directly impacts your company’s bottom line. A recovery audit is a high impact, no cost (contingency fee) best practice that serves as a secondary security measure beyond your internal controls and can easily mean millions to your bottom line.

This 45 minute session will cover:

• Internal duplicate payment controls – Best practices A/P should institute before and in addition to a recovery audit.
• The pro’s & con’s of the different recovery audit approaches
• Technology Insight’s ongoing recovery audit approach

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