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Audit & Recovery Services

Our comprehensive audit and recovery services examine every transaction, invoice and contract in granular detail, capturing payment errors, supplier overcharges and missed income. Our specialist team will then work with your suppliers to intelligently recover lost revenue, implement detection and prevention controls, and mitigate future risks. 

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Best of all, you only pay based on what we recover, thanks to our zero-risk no recovery, no-fee model!

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Our audit services include:

ACCOUNTS PAYABLE AUDITS

  • Duplicate Payment Audit

  • GST Audit

  • Supplier Statement Audit

  • Overpayments Audit

MERCHANDISE AUDITS

  • Contract Rebate & Terms Audit

  • Promotional Scans

  • Miscellaneous Income

  • Waste/Markdowns

  • Straight Income Audit

  • Pricing Audit

INVOICE & CONTRACT COMPLIANCE AUDITS

  • Rate Checks

  • Service Checks

Our services

Have issues with complex supplier contracts and convoluted invoices? Our stats speak for themselves:

  • $72M lost revenue uncovered in FY23

  • 3.3B transactions checked annually

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Our cutting-edge audit recovery services and source-to-pay automation technologies complement your existing ERP & S2P processes and provide the crucial line item interrogation required to identify overpayments, rectify errors and improve your bottom line. 

Profectus Group: Our Services
Audit

Compliance Technologies

Without automation in the procure-to-pay process to streamline workflows, companies leave themselves open to overpayment risks. These risks cost millions each year. Our industry-leading accounts payable and contract compliance software solutions ensure accurate, comprehensive, and real-time error detection, empowering businesses to proactively address potential financial leakages and discrepancies.

INVOICE & CONTRACT COMPLIANCE

Our contract compliance technology automates the compliance for complex contracts such as freight and logistics, facilities management and contract labour to ensure you're not missing out on valuable revenue or services (or both).

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ACCOUNTS PAYABLE COMPLIANCE TECHNOLOGIES (XELIX)

AI-powered software that sits alongside your existing finance systems, acting as an intelligence layer to automate processes, spot invoice-level payment risks and deliver meaningful insights.

Compliance Technologies

Analytics & Insights

Take your financial accuracy and efficiency to the next level. Gain valuable insights into how you can reduce your costs and negotiate better rates with your suppliers, or outsource routine Business Process tasks such as AP reconciliation, ERP support, procurement system management and analytics.

SPEND ANALYTICS

  • Detailed line-item level data collection

  • Data cleansing

  • Data classification (UNSPSC and client classification)

  • Maintenance of data classification

SPEND INSIGHTS

  • Monitoring the effectiveness of spend optimisation initiatives

BUSINESS PROCESS OUTSOURCING

  • AP reconciliation tasks

  • Invoice query management

  • Supplier query mangement

  • Procurement system query support

  • Analytic tasks

Analytics
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