Company
Business Strategy, Inc.(BSI) was initially formed in 1990 as a payment process consulting firm. From the start, we were widely recognized for our expertise in assessing transaction controls and procure to pay procedures. Our assessments would find the system and process breakdowns that caused vendor overpayments. We partnered with clients to implement best practices and alleviate overpayments as well as enhancing controls for their procure to pay cycles.
In 1992, Business Strategy, Inc. refocused on providing a completely consultative approach to auditing. The "process audit" identifies significantly more recovery and provides specific recommendations that address the source of vendor overpayments or erroneous payments.
Our company philosophy is evidenced by our commitment to our clients and to our associates. Examples of our commitments are listed below:
- Full-time, non-contracted, salaried auditors who are associates of Business Strategy, Inc.
- Highest claim retention rate in the industry.
- Full-time collections staff.
- Dedicated Client Data Services Department to facilitate data acquisition with minimal time and involvement of your technology staff.
- An end-of-engagement management report that focuses on enhancing your internal processes.
- Continual investment in the technology and infrastructure necessary to optimize our audits of detailed transaction records.
- Customization of our prevention based audit through a specifically determined scope as defined by the client.
- Structured Discovery interview process designed to increase understanding of your process flows and departmental interaction.
- Complete analysis of the entire procure to pay.
- Business Strategy, Inc. is committed to a prevention based audit approach from our Discovery process to our management report.