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What is a profit recovery audit?

What are the benefits of a profit recovery audit?

Recovery audits help to reduce cost, enhance efficiencies in the cash flow chain, and to perfect business methods that lead to better profit margins.

An annual independent audit can result in an instant improvement in cash flow by locating lost profits and uncovering root causes of transactional errors. The audit will yield on line value added reports that will highlight problem vendors and provide process improvement solutions that will help prevent future loss.

Why does lost revenue occur?

What will a profit recovery audit cost?

Who should have a profit recovery audit?