Accounts Payable departments operate in a complex environment with both internal and external factors impacting their performance. AMS-PAR recognizes that each client has distinct needs and varying capabilities to support a post-payment transaction analysis. In spite of these differences, one overriding factor is constant: today’s business demands that all assets perform at their maximum efficiency, and the A/P Department is no exception.

AMS-PAR can provide you with a comprehensive examination of the A/P function. This detailed look will recover revenues lost to vendor overpayments, mispayments, and contractual misinterpretations. AMS-PAR’s experienced team will also analyze the root causes of these inaccurate payments and give substantive recommendations regarding process and procedural improvements, which can prevent the recurrence of these errors. AMS-PAR will help our clients ensure their payable processes are functioning at peak efficiency.

We will provide written and electronic reporting data to support our analysis. Your report will detail each discrepancy, its root cause, the vendor’s recognition of overpayment, and recommended actions for preventing future discrepancies.

Your AMS-PAR team will review all areas where inaccuracies can occur in their search for discrepancies. These areas include:
  • Vendor master file
  • Purchasing
  • Receiving
  • Returns
  • Capital expenditures
  • Tax and regulatory issues
  • Contracts
  • Internal controls