Each year retailers process millions of transactions which inevitably result in a small percentage of errors.  While these errors may seem small, the cumulative effect costs millions of dollars.  Poor communication, human error, and misinterpretation can result in significant supplier overpayments and under-deductions.   A cost recovery audit performed by AudiTec Solutions will ensure that these losses are identified and recovered, all on a contingency basis.

Our team of auditors, analysts and programmers will work together to perform comprehensive review of your payable transactions.  Our review will address a variety of categories including:

• Pricing  Statements
• Promo pricing
• Cash discount
• Volume allowances
• Chargebacks
• Pricing on returns
• Defective allowances
• New store allowance
• Warehouse allowances
• Compliance issues
• Expense audit
• Trade discount
• EDI discount
• Paid credit memos
• Vendor subsidies
• Duplicate payments
• Erroneous payments
• Freight on returns
• Co-op advertising
• Buyer file audit

We also perform extensive freight related audits including: incorrect mileage billed, back order freight, incorrect carrier, failure to ship from nearest point, failure to consolidate shipments, freight should be prepaid, duplicate freight bills.

 
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