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
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.