Recovering Lost Dollars and Eliminating Future Exposure from Complex Contracts
Supplier contractual language can be extremely complex and unique in nature. Examples of clauses within a contract that may result in profit recovery include:
- Pricing
- Terms
- Discounts
- Incentives
- Rebates
- Returns
- Freight
- Staffing Commitments
- Overtime
- Other variables unique to the contract
Our SAS team has industry experts in identifying the breakage points within these intricate contracts and recovering the lost dollars.
Our Contract Compliance Audit
Like any engagement, performing a comprehensive Contract Compliance Audit requires a thorough Recovery Audit plan outlining the nature of the project, each step of the process, scope, recommended approach, data requirements, deliverables and timeline.
Accounts Payable
Transaction Analysis
Utilization and implementation of our Accounts Payable Transaction Analysis will assist in identifying those suppliers and contracts for potential opportunities for profit recovery based on commodity, spend category, volume, number of transactions, and additional variables.
Alignment With the Contract Business Owner and Supplier is Essential in a Contract Compliance Audit
These are the individuals that are well versed in the arrangement and need to be involved throughout the engagement.
In addition to recovering lost dollars, SAS identifies and presents a root cause analysis documenting our cost recoveries with recommendations to safeguard your disbursements and avoid future losses.
