Payment Audit Solutions: The Role of Technology

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Henry Ijams, Managing Director

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Payment Audit Solutions: The Increasing Role of Technology in Your Payment and Recovery Process.
 
A growing 21% of companies use technology to proactively curb the losses from erroneous payments.

Find out:

  • Why the renewed interest in Payment Audit Solutions (PAS)?
  • What is PAS, and what are the different solutions out there?
  • What is the future of PAS?  

Selecting a Payment Audit Solutions Firm that is right for your Organization:

  • What are Payment Audit Solutions (PAS)
  • Sources of PAS uncovered lost profits
  • Determining a good PAS fit
  • The future of PAS

Who wouldn’t want to stop duplicate and erroneous payments before they went out of the door? Payment Audit Solutions (PAS) help you reduce the amount of loose change that typically gets misplaced or slips through the cracks.

Recovery audit services have been around for a long time. But as an accounts payable professional you are aware of the headaches and hassles of trying to recover money from your vendors once they have actually cashed the check. Payment Audit Solutions are a new breed of technology solutions that help you reduce erroneous payments proactively, rather than trying to collect the money after the fact.

Attendees will garner valuable insights in the Payment Audit Solutions (PAS) space, understand the various detection tools offered as part of these solutions and learn how your organization can improve the bottom-line through automation.

Research Report Description

PayStream Advisors is preparing a vendor analysis report and buyer’s guide – Paper Losses: A Buyer’s Guide to Payment Audit Solutions – for Accounts Payable, Controllers and Finance professionals who are seeking information regarding Pre and Post Payment Disbursement Audit solutions to identify, stop and recoup (where necessary) supplier overpayments,  duplicate payments, uncollected discounts, rebates and other funds paid in error. The primary objective of this report is to answer the following questions: How can technology improve our payment processes and instill more control in the disbursement management functions?   This report will be released is intended to help Accounts Payable professionals make vendor and technology selection decisions as they evaluate Payment Audit strategies and solutions

NAVIGATING the FUTURE of FINANCIAL AUTOMATION