Insights

Strategic Audit Solutions, Inc. Promotes Recovery Audit Industry Veteran Larry Crawley to Chief Technology Officer

Freehold, NJ – August 9, 2023 Strategic Audit Solutions (SAS), an industry-leading multi-vertical recovery audit firm, is pleased to announce the promotion of Larry Crawley as Chief Technology Officer, effective […]

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Your Supplier Is Not the Enemy

Critical Supplier Relationships and Audit Guidelines In any Accounts Payable Recovery Audit, a crucial but often abused component is the protection of the critical relationship clients have with their suppliers.  […]

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Strategic Audit Solutions Unveils Rebranding Initiative, Introducing a Fresh New Look

Freehold, NJ – July 14, 2023 Strategic Audit Solutions (SAS) proudly announces the completion of its highly anticipated rebranding effort, a project that has been in the works for over […]

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Goods Received Not Invoiced (GRNI) – The Growing Financial Impact

Companies with a large, complex supply chain have many issues to deal with including shipping delays, receiving issues, and inefficiencies within the procure-to-pay process. If you purchase a large volume […]

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Vendor Master Best Practices: Keeping It Clean Mitigates Risk

Importance of the Vendor Master File As businesses change and grow, maintaining a clean vendor master file by using a combination of controls around the setup, maintenance and archiving of […]

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Money Trees Do Exist! Recover Hidden Profits

As organizations in many industries struggle through the pandemic for countless reasons, there are hidden profits, a virtual money tree – in the historical supplier payments that will be lost […]

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Fraud Alert: Banking Information Change Fraud – A Known Scheme with a Twist

Fraudsters are as creative as ever. Recently, I was told a story of fraud that resulted in more than $750,000 being paid to some very resourceful bad guys. You wouldn’t […]

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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 […]

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Accounts Payable & Covid-19: Preparing for the Short-term Impacts and Examination of what Lies Beyond

More rapidly than anyone would have imagined, the Coronavirus has placed a greater strain on businesses worldwide more than any other natural phenomenon in recent memory.  Before it ends, this […]

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Is an Accounts Payable Recovery Audit a Service or a Commodity?

When shopping for a firm to provide Accounts Payable Recovery Audit services, all too often many organizations treat that practice as though they were buying a commodity.  Some organizations believe […]

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Vendor Master Database – The Cornerstone to a Successful Supply Chain

Vendor databases can go by different names depending on your industry and company:  Vendor Master, Supplier Master File, Vendor Management Program.  Regardless of the name, an accurate and complete vendor […]

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System Upgrades, Mergers, Acquisitions and Accounts Payable: Are You Ready?

Data Analytics; Assimilate, Process, and Report Gathering and reporting pertinent details from disparate ERP systems is a big challenge for many of today’s growing businesses.  System upgrades, mergers and acquisitions […]

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