Hundreds of thousands of invoices pass through Accounts Payable (AP) departments. Most are processed without error. But not all of them. Whether it's overcharges, duplicate bills, returned items, or overpayments - the dollars add up. We return those dollars to your budget. Where they belong.
- Hard-dollar recoveries begin within 30 days of kick off.
- Average time invested by clients is 33 hours over 4 months.
- Current and future “problem” suppliers identified.
- Zero budgeting required. No recoveries = no fees.
Independent, Specialized Expertise.
Our people have worked as AP managers for large companies like yours. They know their way around a complex AP system – with all of its challenges. And they have a passion for recovering what’s yours.
It’s about respect.
You respect and value your supplier relationships. So do we. The key to win-win scenarios? Transparency. We open the door to more clearly-defined agreements and well-aligned expectations. For everyone.
Proprietary software with power.
Our gainIQ analytics software performs over 260 tests, with 70 root cause analyses. Greater detection, faster, that helps you gain an advantage.
Minimal impact. Maximum results.
We don’t take up a lot of your valuable time to get the job done. You can count on us to perform all of the required tasks. Offsite and with the most minimally-intrusive system out there.
Continuous improvement.
Our reviews also improve performance down the road. We’ll work with you to verify that controls are working, provide benchmarks, and create oversight awareness.
Global energy giant achieves $38.6 million in cumulative recoveries with meticulous accounts payable audits.
Transitioning our existing vendor audit program to Revenew was seamless, and the speed-to-market was outstanding.
Frequently Asked Questions
What is a Supplier Payment (Accounts Payable) Review?
A Supplier Payment (Accounts Payable) Review is a structured evaluation of an organization’s supplier invoices, payment transactions, and procurement processes. These reviews help identify duplicate payments, billing discrepancies, overcharges, and other errors while uncovering cost recovery opportunities and strengthening payment controls.Why should my company conduct a Supplier Payment (AP) Review?
Managing supplier payments is one of the most complex and risk-prone areas of financial operations. Even organizations with strong internal controls may experience duplicate payments, pricing discrepancies, unclaimed credits, or other billing errors that result in financial leakage. Supplier Payment (Accounts Payable) Reviews help organizations identify these issues, uncover cost-recovery opportunities, and strengthen internal payment controls.Who Benefits from Supplier Payment Reviews?
Industries that frequently benefit include: Manufacturing, Energy, Healthcare, Retail, Higher Education, LogisticsWhat are the Most Common Payment Errors Identified in Supplier Payment (AP) Reviews?
Supplier Payment Reviews commonly identify several types of payment errors that can impact an organization’s financial performance, including: Duplicate payments, Pricing discrepancies, Unapplied credits, Contract pricing errors, Incorrect freight charges, Supplier billing. mistakesWho choose Revenew for Supplier Payment (AP) Reviews?
Revenew's Supplier Payment Review practice is led by Jody Clement, Vice President of Supplier Payment Reviews, who brings more than 20 years of recovery review experience. Jody and his team specialize in evaluating supplier transactions, payment terms, and procurement processes using Revenew's proprietary gainIQ analytics platform, which performs more than 260 data tests and 70 root-cause analyses to identify billing errors and duplicate payments. The review process is conducted primarily offsite, with clients typically investing around 33 hours over a four-month period. Hard-dollar recoveries can begin within 30 days of project kickoff, and there are no upfront costs - if no recoveries are found, there are no fees.Was there a question we didn't cover?