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Ensure every single dollar you spend with your suppliers is correct

Our leading audit recovery services and source-to-pay automation technologies complement your existing ERP system and identify any overcharges and missed income.

Profectus Group: Payment Error and Overcharge Detection

RECOUP

Profectus Group: Recoup overcharges, duplicate payments and errors

We'll take a comprehensive look at what you're being charged by your suppliers to identify revenue opportunities, mitigate risks and recover your funds

AUTOMATE
Profectus Group: Automate your accounts payable and source to pay process

Accurately detect errors and prevent financial leakage in real-time, before you make your payments, with our cutting-edge compliance solutions

OPTIMISE
Profectus Group: Optimise spend

Gain valuable insights into how you can reduce spend and re-negotiate better rates and terms with your suppliers

We're the profit protection professionals!

1 in 10 invoices contain an error
1 in 50 retail deals are underclaimes
2.25% approx. supplier overcharge errors
1.5% approx. supplier missed income rate

While ERP and S2P solutions have the capacity to flag basic invoicing errors, they’re far from foolproof, lacking the line-item data integrity and specialist automation capabilities required to guarantee complete financial accuracy.

 

These statistics highlight the need to have an additional layer of protection in place to eliminate errors, minimise risks and protect your bottom line. With leading audit and recovery services and pre-payment error detection technologies, we help our clients detect unidentified payment errors, automate compliance in their source-to-pay process and recoup lost revenue.

Profectus Group: Audit & Recovery

AUDIT & RECOVERY SERVICES

Our experienced team meticulously examines every transaction, identifying overcharges and recovering any lost income on your behalf.

Profectus Group: Compliance Technologies
COMPLIANCE TECHNOLOGIES

Eliminate manual processes and detect payment errors in real time with our automated (SaaS) compliance technology.

Profectus Group: Analytics & Spend Insights
ANALYTICS &
INSIGHTS

Identify opportunities to reduce spend with our spend optimisations services or outsource routine business processes.

The last 12 months in numbers.....

MORE THAN

$

100

M

IN LOST REVENUE IDENTIFIED

MORE THAN

100

B

TRANSACTIONS ANALYSED

OVER

20

K

CLAIMS RAISED

50

B

CALCULATIONS
PERFORMED

Numbers

What we do in a nutshell...

Trusted by these leading organisations

We partnered with Profectus to perform a review of our merchandise trading terms and recover unclaimed rebates across the entire Bapcor Group. The Profectus audit team were able to effectively understand our complex business environment and identify material amounts of missed income across our rebate collection function. As a result of the audit, we’re much more aware of where the biggest risks are in our existing processes and the team have helped us identify what additional controls to put in place. We’ve been impressed by their professionalism and the team is easy to communicate and work with.

 

 - Chris Sharpe

Group Procurement Manager, Bapcor Limited

Speech Mark | Profectus Group: Audit, Compliance and Rebate Deal Management

Profectus it!

Looking to take your profit protection to the next level? Get it touch with us today to schedule a free, no-obligation discovery call.

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Profectus It - Discovery Call
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