Recovering money ‘left on the table’

 

A systematic process of auditing contracts, invoices, payments and deductions

to identify and resolve errors.

 

In other words, recovering lost money .

payment benchmarking

Focused Delivery

Our team are experts in their field, with vast experience in identifying and recovering money due to our clients across a broad range of categories and suppliers.

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payment benchmarking

Contract Compliance Audits

Buyers agree complex contracts. Supplier make errors in invoicing.  Small individual errors can build into significant financial recoveries.

  • Comprehensive Analysis of contracts and invoices
  • Recover Monies Owed from historic transactions
  • Any category, errors are not exclusive to a single supply type
  • Light touch engagement mostly with the suppliers
  • Governance of your complex supply contracts
payment benchmarking

Payment Audits

Accounting systems pick-up most payment errors, we identify those that slip the the process.

  • Transposition of digits
  • Tax applied incorrectly
  • Credits paid as invoices
  • Currency discrepancies

Payment Audits

Accounting systems pick-up most payment errors, we identify those that slip through the process.

  • Transposition of digits
  • Tax applied incorrectly
  • Credits paid as invoices
  • Currency discrepancies

Aged Balances

Credit balances sitting on supplier suspense accounts.

  • Email ALL suppliers requesting up-to-date statements
  • Manual review of all responses
  • Recover credits over 60-days old

Aged balances

Credit balances sitting on suppler suspense accounts.

  • Email ALL suppliers requesting up-to-date statements
  • Manual review of all responses
  • Recover credits over 60-days old

Working With Barcanet

Getting started couldn’t be easier

Get in touch with our team and we’ll breakdown exactly how we can help your business.