Maximizing Financial Health: The Crucial Role of AP Recovery Audits for Healthcare Supply Chain Leaders
In the intricate world of healthcare supply chains, where precision and reliability are paramount, the Accounts Payable (AP) process plays a critical role. One often underestimated strategy for enhancing supplier […]Read More
Over the last three decades, Accounts Payable (AP) Recovery Audits have been a widely known best practice for medium to large size organizations. Depending on the environment, organization and unique […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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 […]Read More
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