Accounts Payable Audit

During a period of years, the cumulative amount of a regular low level of overpayments can be significant. Meaning that high volumes of disbursements can give rise to a small percentage of overpayments which may remain undiscovered within the disbursement transaction history or accounts payable data. These overpayments can arise from supplier documentation shortcomings, inputting challenges, system and personnel changes, and the quality of supplier master file data.

For more information on Accounts Payable Audit talk to Artesium Associates Limited