In these tough economic times your C Level Executives are looking for ways to optimize financial performance and productivity and improve cash flow. A good starting point is to conduct a Procure to Pay (P2P) Risk Assessment focusing on a review of your contracts to ensure that prices are accurately paid, rebates are reflected, and volume discounts are taken. Through our data acquisition process, we add value in evaluating and identifying potential savings among thousands of purchase order line items, invoice line items, payment data, and receiving data. After we complete the review of your P2P processes and payments, Business Strategy will recommend best practices to streamline your processes, ensure accuracy in your transactions, and most importantly, bring recoverable dollars back to your bottom line. Business Strategy provides finance and purchasing staff with the tools and procedures to enhance the internal control programs for contract compliance and pricing reviews.
We are experts in the P2P Risk Assessment Process and focus on the review of contract compliance. To ensure that your company has disbursed the current invoice amount, we review the terms and conditions of the contract along with pricing, and rebates.
We go beyond the traditional accounts payable audit. We review your end-to-end P2P process from contract to invoice payment. Here are the other services that we perform.
Business Strategy has gained wide recognition and an impressive list of clients (many on the Fortune 1000) by improving corporate back office operations.
Through our Procure to Pay Risk Assessment, we review the transactional functions inherent in the complete P2P cycle. We review contracts, vendor information, purchase orders, receipt of goods and services, invoices, and payments.
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