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What is gainIQ?

Two Solutions. One Goal.

gainIQ Discover: gainIQ Discover helps organizations identify duplicate payments, overpayments, pricing discrepancies, and other supplier payment errors hidden within historical transaction data. The platform performs more than 260 audit tests across payment and supplier data to uncover recovery opportunities that may otherwise go unnoticed.

gainIQ Prevent: gainIQ Prevent continuously monitors supplier payment activity before payment is released. Automated testing identifies potential duplicate invoices, payment anomalies, and other risk indicators, allowing organizations to address issues before money leaves the business.

Key Benefits:

  • Prevent payment errors before they occur
  • Reduce manual review effort
  • Strengthen internal controls
  • Improve supplier data quality
  • Enhance accounts payable (AP) efficiency 
Case Study

Private medical device company prevents $185 million in duplicate and overpayments with gainIQ Prevent.

Better data produces better results. While many firms run 10 to 15 standard reports, gainIQ Discover performs more than 260 audit tests supported by 70 root cause analyses. Every claim is validated against your system and agreed to by your suppliers before it reaches you, so the findings you receive are accurate and ready to act on. In one engagement, a national retailer recovered $1.75 million in duplicate payments and procurement card (P-card) expenses.

Why Organizations Trust gainIQ

  • Real-Time Supplier Monitoring: gainIQ Prevent reviews supplier payment activity continuously and flags potential duplicate payments and irregularities before payment is released, so your team can resolve issues while it still matters.
  • Simple, Intuitive Dashboard: A clear, centralized dashboard brings issue status, error types, and detailed metrics together, with reporting that lets you track results over time and act on findings quickly.
  • Minimal Client Involvement: Your team provides payment and supplier data files, and Revenew handles the integration, testing, and analysis, keeping the effort required from your organization low.
  • Automated Intelligence: gainIQ automatically extracts and analyzes pending and historical payments, applying more than 260 audit tests and 70 root cause analyses to surface issues that standard enterprise resource planning (ERP) reporting often misses.

 

Why Revenew Built gainIQ

Revenew has spent decades auditing supplier payments and helping clients recover lost profits. That experience revealed recurring payment risks that traditional ERP systems often miss. Drawing on more than 400,000 hours of audit experience, gainIQ combines proven audit methodologies with scalable technology to help organizations identify and prevent payment errors more efficiently.

Frequently Asked Questions

What is gainIQ? gainIQ is Revenew's proprietary supplier payment audit and recovery software. Developed from decades of audit experience, gainIQ helps organizations identify, recover, and prevent supplier payment errors while strengthening financial controls. The platform combines advanced analytics, automated testing, and expert oversight to uncover issues that traditional transaction-processing systems may miss.
What is supplier payment audit software? Supplier payment audit software analyzes payment and supplier data to identify duplicate payments, overpayments, pricing discrepancies, and other financial control issues. Unlike traditional enterprise resource planning (ERP) systems, which are designed primarily to process transactions, supplier payment audit software applies specialized testing and analytics to detect errors, improve payment accuracy, and support cost recovery efforts.
What is payment error prevention software? Payment error prevention software helps organizations identify potential payment issues before funds are released. By continuously monitoring supplier payment activity, the software flags duplicate invoices, unusual payment patterns, and other risk indicators, allowing finance and accounts payable teams to resolve issues before they become costly errors.
What is the difference between gainIQ Discover and gainIQ Prevent? gainIQ Discover focuses on historical transaction analysis. It reviews previously processed payments to identify duplicate payments, overpayments, pricing discrepancies, and other recovery opportunities. gainIQ Prevent focuses on future payments. It continuously monitors payment activity before payment is released, helping organizations identify and resolve potential issues before money leaves the business. Together, they provide a comprehensive approach to both payment recovery and payment error prevention.
Does gainIQ replace our ERP system? No. gainIQ is designed to complement, not replace, your existing enterprise resource planning (ERP) system. While ERP platforms excel at processing transactions and managing operational workflows, gainIQ provides an additional layer of financial control by applying specialized audit tests and analytics that help identify payment issues ERP systems were not designed to detect.
How much involvement is required from our organization? Client involvement is intentionally minimal. Organizations typically provide payment and supplier data files, while Revenew manages the testing, analysis, and review process. gainIQ is designed to reduce administrative burden while delivering actionable insights, recovery opportunities, and ongoing visibility into payment performance.
What types of payment errors can gainIQ identify? gainIQ can identify a wide range of supplier payment issues, including duplicate payments, duplicate invoices, pricing discrepancies, overpayments, vendor master file issues, credit balance opportunities, and other transaction anomalies. The platform applies more than 260 specialized tests and analytics to help organizations uncover both historical recovery opportunities and future payment risks.
Why did Revenew develop gainIQ? Revenew developed gainIQ after decades of helping organizations recover supplier overpayments and improve financial controls. Through thousands of audits and payment reviews, we identified recurring payment risks that traditional systems often failed to detect. gainIQ was built to combine proven audit methodologies with scalable technology, helping organizations identify, recover, and prevent supplier payment errors more efficiently.
What results have organizations achieved with gainIQ? Organizations across multiple industries use gainIQ to improve payment accuracy and strengthen financial controls. In one example, a leading medical device manufacturer used gainIQ to prevent more than $185 million in duplicate payments and overpayments, including more than 33,000 duplicate invoices.