Phone number
+31 (0) 20 570 91 00
Email adress
Info@spendlab.com
Adress
H. W. Sacréstraat 401, Schiphol
Identify and recover undue payments by using more than 450 proprietary algorithms, adjust incorrect processed VAT, reclaim missed profits and prevent future risk with a data-driven Accounts Payable Recovery Audit. Recover what is yours!
Every year, organizations lose millions due to undue payments, contractual conditions that are not met, VAT that is incorrectly processed, credit notes not recognized and fraud, among others. However, identifying these risks requires remarkable technology, knowledge and capacity.
Within a data-driven accounts payable recovery audit, undue payments are identified, missed profits are recovered and future risks are reduced.
Correct VAT processing is a major challenge within organizations today. Constant changes around laws and regulatory complexity create risks that are not identified by ERP systems or employees. Undetected flaws in ERP systems and processes can lead to overpayments of VAT that can cost your organization millions. SpendLab analyzes and corrects incorrectly processed VAT as part of the accounts payable recovery audit and helps organizations to comply with VAT obligations.
Balance reconciliations with suppliers are often done manually, are inefficient and time-consuming. With limited technological resources and large volumes of invoices, balances reconciliation with suppliers is often neglected and is only tested by sampling the top group of suppliers. However, evidence shows that most errors occur in the tail spend. That is where SpendLab´s capabilities come in. We identify subtle differences between (outstanding) balances and correct them within the accounts payable recovery audit.
We regularly receive the question from our clients whether we can continue to perform periodic analyses on outgoing payments. This need for ongoing insights and analyses has driven us to develop a 24/7 available and interactive dashboard – SpendProof. Through four periodic analyses per year, we offer organizations the opportunity to be in full control of all outgoing cash flows.
Clients matter to us. Read here how our recovery audits make it possible to identify uncredited payments, recover missed liquidity and reduce future payment risks.
+31 (0) 20 570 91 00
Info@spendlab.com
H. W. Sacréstraat 401, Schiphol
Sign up for our newsletter and keep updated about how we can help your company!
Copyright © 2023. All rights reserved.
By submitting the details below, you are requesting a meeting. In this meeting, you will learn how an accounts payable recovery audit ensures that you gain full insight and control over all outgoing cash flows.
We always try to contact you within the next 24 hours.
Door onderstaande gegevens aan te leveren vraagt u een gesprek aan. In dit gesprek komt u alles te weten over hoe een accounts payable recovery audit ervoor zorgt dat u volledig inzicht én controle krijgt over alle uitgaande geldstromen.
Wij zullen uiterlijk binnen 24 uur contact met u opnemen.