Accounts Payable Recovery Audit

Testimonials

Sheffield City Council, Recovery Audit

“We already use preventative software which has successfully prevented a high value of potential overpayments, so we were unsure that a Recovery Audit would generate savings.

We decided to proceed to act as an additional control check, ensure that any lost Council funds were recovered, and because the cost is directly linked to the value recovered it was risk free.

Thankfully, the effort from our side was minimal and the value of funds recovered provided a worthy return.”

Sean Torpey, Accounts Payable Manager, Finance and Commercial Services, Sheffield City Council

Testimonials

Barnsley Metropolitan Borough Council, Early Payment

“As council budgets get tighter, we have to look for ways to innovate and deliver better services for less. Going with Oxygen Finance was an ‘outside of the box’ solution – but it is really working for the local economy and the council. It’s helped us establish better relationships with local businesses – this is the real added value that all local authorities should be looking for”

Neil Copley, Service Director for Finance

Testimonials

Cumbria County Council, Early Payment

Balancing the budget for local authorities is more acute than ever before. Councils now need to develop new income channels which are both sustainable and supportive of the local economy.

“We engaged with Oxygen Finance, as we were looking for innovative ideas to save money for the council, due to being set very high savings targets that required our department to make efficiency savings.

Oxygen Finance brought to bear their expertise, experience and a suite of tools which have enabled us to get the programme up and running in a relatively short time. The programme is now embedded into our ways of working and is complementary to our other procurement and commissioning priorities.”

Conway Stewart – Senior Manager, Commissioning, Procurement & Contract Management