Revenew offers Cost Recovery audits and Cost Containment services that deliver monetary recoveries and cost reduction benefits. Our programs help to ensure compliance with commercial terms, recover lost monies and provide best practice recommendations for contractual and operational improvements. We produce hard-dollar results for our clients – specific, tangible and often quite substantial.
Revenew specializes in companies with complex Accounts Payable systems. Our founders’ considerable experience working as Accounts Payable managers for large Fortune 100 companies makes them recovery audit specialists. Based on their “insider” knowledge of a corporation’s structure, we developed the most comprehensive, efficient and minimally-intrusive recovery system available.
Our proprietary software and methodology contribute to the unparalleled Accounts Payable audit results that we’re able to achieve. We developed our VERIPRO software and continually customize it to address client transaction types and vendor bases. While most firms run 10 to 15 tests on your data, our programs perform over 40 tests, with 70 root cause analyses.
We conduct a thorough review of all expenditures, including the individual review of selected agreements with key suppliers and contractors. Cost reduction and contract improvement opportunities are presented, along with the identification and recovery of overpayments and business concessions that translate to prospective savings.