Recover what's yours...

No matter how sophisticated your systems and processes are, duplicate and over-payments to suppliers can still occur due to a number of factors, including simple human error caused by the sheer volume of transactions, complex and time consuming authorization processes and the use of temporary staff.  Even putting strict controls in place can minimize, but never completely eliminate, the risk of erroneous payments being made.

Through our Payment Recovery service, we will work with your organization to identify and ultimately recover inadvertent over-payments.  Without employing your own scarce internal resources, the service will allow you to:

• Quantify the opportunity for the recovery of cash that may have been the result of inadvertent over-payments or duplicate payments to suppliers  
• Assess the ‘cash recovery' benefit likely to accrue from a recovery initiative (undertaken by Spikes Cavell on a no recovery, no fee basis).

The service will identify and seek to recover overpayments, specifically in the following areas:

• Duplicate Payments
• Overpayments to suppliers
• Payment to the wrong supplier
• Paid or incorrect sales tax
• Unprocessed credits
• Input errors
• Refund errors

To find out more about how our Payment Recovery services could benefit your organization, please contact us.