Our Services

• Invoice Process
  • Document management
  • Purchase order invoices processing
  • Expense (no po) invoices processing
  • E-Invoicing
  • Costs calculator
• Expense Reports
• Reconciliation
• Hidden benefits / Unknown Loss
• Others
  • Internal Control / SOX
  • Consulting
  • Invoice Capture
  • Expert leasing

Hidden benefits / Unknown Loss

Current reality

For strong the accounts paying process in a company could be, there are always diversions caused by the human intervention that could affect in such process as Duplicated Payments and / or inaccurate countable applications, which depending on the severity, could be representative regarding on the veracity of Financial Statements. Of average 1 of every 1000 supplier's invoices is paid twice.

Our proposal

The analysis of hidden benefits turns out to be an internal control metric very useful to compensate and to correct opportunely the deficiencies that a paying accounts process could have. On the basis of fraud patterns, all the inconsistencies that could suppose a risk for the veracity of the financial statement and / or allow the claim to suppliers of payments realized unduly, are detected.

Benefits

• Variable cost tied to the effect
• Cost saving for the recovery of undue payments
• Source of information for the implementation of specific and efficient controls

We do not know the reach of what we don't know