Our mission is to work with our clients and provide the most thorough review of the P2P process in the industry with minimal disruption to their day to day activities.
Our detailed offsite audits cover the following areas of your accounts payable records:
Duplicate Payments
Overpayments and unrealized credits
Contractual Errors
Lost Deposits
Escheatment Items
Statement Review
Our Vendor analytics system enables you to view and analyze your vendor information in ways you have never seen before.
Duplicate, Incorrect and Incomplete Vendors
Payment Terms Analytics and Opportunities
Discounts Analytics and Lost Discounts
Fraud Analytics
Suspicious Activity Screening
Vendor Clean-up
Our clients are able to monitor the progress and view the results of the ongoing audit in real time using our secure online portal, which enables them to view and interact with:
Claims and their Full Details
Invoices and Statements
Claim Related Reports and Results
Vendor Reports
Upload and Download Documents
Export all Reports to Various Formats
Novus360 works in the background, monitoring your Accounts Payable data to ensure that incorrect payments are identified and removed before they are processed.
Well-suited for companies with smaller Accounts Payable volume who want the confidence of Novus Analytics system without the need for the full support of our audit team.
Ability to view comprehensive reports, identify possible over-payments and errors before they have been processed.
Supported by our proprietary cutting-edge technology.
Our comprehensive contract compliance process will examine all the details of your existing contracts and identify any inconsistencies between your contracts and your Accounts Payable data, ultimately uncovering amounts that have been paid incorrectly.
Our platform and process support multiple currencies, taxes, discounts and commodity issues.
We identify, verify and recover rebates, allowances, price discrepancies and more.