Disbursement & Procurement Analysis
Pinpoint powered by Transparent believes the foundation of a successful full scope recovery audit begins with understanding your systems, processes, procedures and objectives. We then focus our services around a customized audit plan to achieve your desired goals with precision and efficiency. Our full scope recovery analysis encompasses an in-depth review of our clients’ outgoing payments during the past three year period – expanding from there.
Pinpoint powered by Transparent analyzes 100% of our client’s spend, identifying inadvertent overpayments to our client’s suppliers, etc. Utilizing our superior metholody, tools and experienced financial professionals we identify, verify and recover our client’s inadvertent overpayments. Additionally, we review outstanding balances, sales and use tax and VAT for possible overpayments.
Our services are contigency based – no recovery, no fee.
The importance of the analysis
An Accounts Payable analysis can strengthen your liquidity position and helps increase net profit by up to .1% of spend. Previous analyses have shown that up to .1% of the spend is inadvertently paid to suppliers. Additionally, we identify missed opportunities to reclaim VAT for our global clients. Furthermore, a thorough review of sales and use tax and VAT can yield up to 1% to 3% of revenue.
Pinpoint powered by Transparent identifies the underlying causes for your inadvertent overpayments and provides recommendations to improve your Accounts Payable processes. Throughout the Accounts Payable Analysis our clients benefit from several different services such as our Client Portal, Active Benchmarking and data enrichment.
Our services have benefited companies and institutions worldwide ranging from mid-sized to large, regionally concentrated to globally located.
How you benefitJust sit back and let Pinpoint powered by Transparent do all the work on your behalf. From discovery to recovery, we’ll perform all the necessary collection efforts – including obtaining refund checks, credit memos and vendor authorizations. We always strive to maintain and protect your supplier relationship.