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Recover £000’s with a targeted recovery audit
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Find overpayments, duplicate payments, fraud and other issues, and crucially recover the sums found.
Oxygen’s Recovery Audit powered by FISCAL is a software engineered accounts payable audit to recover revenues caused through trade creditor and supplier file error.
Audits include overpayments, fraud and P-Card checks, and sum recovery.
Your accounts payable audit will be reviewed by FISCAL Technologies’ Specialised Services Team.
FISCAL’s forensic solutions and auditors services empower purchase-to-pay and accounting teams across the globe to protect organisational spend.
After confirming validated overpayments for sign-off, you’ll receive a weekly report detailing the savings delivered.
What’s more, our fees are contingent on the value of savings delivered, keeping you in control and providing peace of mind.
Your Accounts Payable Recovery Audit will include fraud, outstanding credits, P-Card and compliance issue checks.
Audit will include trend analysis, statement reconciliation, opportunity ranking and recovery of identified sums.
Using sophisticated forensic tools (NXG Forensics) for a swift and targeted audit that can go back several years.
Projects require minimum upfront effort from you, with short, weekly progress reviews after the first fortnight.
We already use preventative software, so we were unsure a Recovery Audit would generate savings.
We proceeded as an additional control check, and because the cost is linked to the value recovered it was risk free. Our effort was minimal and the funds recovered a worthy return.
Financial technology delivering social value. Oxygen specialise in early payment, the procurement process and public sector insight.