What is a profit recovery audit?

A profit recovery audit will provide a comprehensive review of your accounts payable and purchase to payment procedures. A profit recovery audit is designed to identify and recover lost revenue through the analysis of:

  • Duplicate payments
  • Cash discount
  • Promotional allowances
  • Cooperative advertising
  • Vendor contract compliance
  • Vendor invoice cost
  • Direct store delivery system
  • Overpayments
  • Under deductions
  • Freight
  • Accruals and rebates

A profit recovery audit is a contingency based service. There is no expense to your company; fees are based on recoveries.

What are the benefits of a profit recovery audit?

Why does lost revenue occur?

What will a profit recovery audit cost?

Who should have a profit recovery audit?