CFOs and controllers at some of America’s most well known and respected Fortune 500 companies have relied upon Recapture Consulting to save millions of dollars in recovered overpayment errors of all types; duplicate payments, invoice and pricing errors, sales and use tax overpayments, and more.
Recapture Consulting, Inc. (RCI) is not the biggest firm, nor do we only seek out large clients. These are not our objectives. Since 1999 we’ve attained status as one of the premier boutique cost recovery firms in the country by delivering time and again. And we don’t follow the industry standard business model of “more audits faster.” RCI has steadily built its business and reputation by staying focused on our primary goal; maximizing net recoveries for each and every client.
Billions of corporate dollars are lost each year to supplier overpayments. Industry benchmarks indicate that 5.2% of vendor invoices, and nearly 2% of payments to vendors contain errors.
- Your disbursement process is good, but is it perfect?
- Has your company grown rapidly in recent years?
- Have you experienced turnover in the A/P department?
- Did your company implement a new finance application?
- Was your firm part of a merger or acquisition?
- What about your vendor’s staffing and billing system changes?
The above factors are all triggers for erroneous billings and payments, lost for good if they go undiscovered. Even if your process is 99.9% accurate, $10,000 of every $10 Million in operating payables goes "down the drain." But most accumulated miss-payments can be "recaptured." The result is an immediate increase in profits to your company.
Recapture Consulting can help!