Recovery Analysis
The supplier base that you deal with usually exposes you to various market risks. Errors in your payable accounts and overcharges have a great impact on your business. Despite technological advancement and control, these types of errors still get missed. With Finbook Business Services you can reach wider audiences to act faster to recover lost profit which even the sophisticated solutions failed to claim.
Our team of professionals helps you identify and correct the risks while recovering the lost profit from:
- Duplicate payments
- Unused statement credits
- Overpayments
- Processing errors
We also identify the gaps in broken business processes, personnel turnover, human errors, and siloed functions, offering actionable insights to prevent recurrences of leakage in source-to-pay systems.