Hundreds of thousands of invoices pass through accounts payable departments: most without error, but not all. Overcharges, duplicate bills, returned items, and overpayments can result in significant revenue loss. That’s where Revenew comes in.
We’ll conduct a comprehensive line-by-line analysis of contracts, invoices, payment transactions, and purchase orders to recover lost profits and return those funds to your bottom line.
Challenges Revenew can solve:
- Your team doesn’t have the time to allocate to reviewing supplier invoices.
- Uncertainty about which suppliers to audit and where to find potential recovery opportunities.
- Budget constraints prevent you from hiring a third-party firm to review supplier invoices.
- You’re worried about audits affecting your supplier relationships.
Expertise to deliver hard-dollar recoveries
Contract compliance.
Our contract specialists analyze contracts, invoices, payment transactions, and POs line by line—a deep dive that delivers.
An “insider” advantage.
Our people have experience working as AP managers for companies like yours. They’ll leverage valuable insights that help to uncover lost revenue.
Respect for your vendors.
We value your suppliers as much as you do. Correcting and preventing errors over time builds confidence and trust between you and your vendors.
Continuous improvement.
Our audit strategy also improves performance down the road. We verify that controls work, provide benchmarks, and create awareness of vendor oversight.
No recoveries = no fees.
Because we compensate with a percentage of recovered dollars, our profit recovery and containment service requires zero budgeting and pays for itself.
Greater detection, faster.
Our gainIQ analytics software performs over 260 tests and 70 root cause analyses. We take care of all required tasks offsite and with the most minimally intrusive system.
Our team here unanimously concurs that Revenew was very professional, fair and easy to work with throughout this process. We are very appreciative of the long relationship and look forward to continuing it well into the future.