Every large organisation overpays its suppliers and the tax authorities on a daily basis. We estimate that for every £1billion spent per year, up to £2million is lost in supplier overpayments (without a profit recovery audit).
The good news is that this money does not have to be lost for long. Caatalyst can identify and recover these items on your behalf using our state of the art analytic software and unique audit techniques.
We are paid a percentage of the total recovered; if we find nothing you pay us nothing.
A Caatalyst profit recovery audit is much more than just a review of possible duplicate payments; our unique Vendor Credit Audit and Vat & Sales Tax recoveries will likely double the results from any previous audit you may have undertaken.
Just as important as finding the money is the way that this process is carried out. At Caatalyst we understand the importance of your finance team and your vendors. All of these stakeholders are treated professionally and with courtesy by our audit teams. It’s one of the reasons that our Clients keep coming back to us.
A Caatalyst audit will deliver:
- Maximum recoveries – we find money other auditors can’t
- Minimum disruption – we work offsite and all claims visible 24/7 via our Claims Portal
- Valued relationships – your team and vendors are treated with respect, your data with utmost security, never leaving our possession or secure servers
- Knowledge share – learn the lessons from the audit and improve your processes, compare results with previous audits and our peer benchmark analysis
We are an international audit firm, having serviced several global companies and we are able to audit vendors in any country.