Accounts Payable Overpayments Auditing
August 22, 2020
Accounts payable overpayments cost billions every year, and most are due to routine manual, computer, or other processing mistakes. Some are systemic; for example, vendor master errors go on forever. After all, who is going to advise you that you are not taking your cash discount?
Smyyth’s Carixa AP Match engine can solve this by identifying these mistakes and overpayments, and then we politely, professionally obtain the reimbursement. This represents “found money” straight back to your bottom line.
This new service uses our remarkable Carixa Match technology, which is able to match and reconcile hundreds of thousands of transactions on on mulitple levels of matching. For more information, click here.