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Recover Hidden Funds: Optimize Your Accounts Payable Audits with Executive Insight

Discover the potential losses in your Accounts Payable and recover funds you didn't know were missing. Nationally, an average of 0.04% of A/P dollars are lost every year; in Washington State, this figure doubles to 0.08% due to complex tax laws. At Executive Insight, we've been auditing Accounts Payable since 1998, helping clients save hundreds of thousands of dollars. Our thorough audits provide actionable recommendations, ensuring sustainable savings well beyond our engagement with you. Let us help you minimize losses today.

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Recover Hidden Funds: Optimize Your Accounts Payable Audits with Executive Insight

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Presentation Transcript

  1. executive insight Accounts Payable Recovery Audits We find & recover money you did not know was missing.

  2. The Hidden Cost of Change Nationally, an average of .04% of A/P dollars are lost every year. In Washington State, this average cost is doubled to .08% per year due to the complex Sales, Use, & Excise Tax Laws.

  3. More Changes…. • Every company that you do business with experiences the same changes as well. • Taxing authorities enact, legislate, & enforce new tax laws every year. • Undetected changes can drain an organization’s profits.

  4. The Cost…

  5. The Executive Insight Story • We have been performing Accounts Payable Audits since 1998 • Saving our clients hundreds of thousands of dollars • That’s only half of the story • The other half is the detailed wrap up report covering our observations, recommendations, and information on how you can continue to save money long after we have finished

  6. The Difference

  7. Benefits

  8. Historical Breakdown of Recovered Losses

  9. The Process

  10. The Process — continued

  11. Questions & Answers

  12. Questions & Answers

  13. Questions & Answers — continued

  14. Questions & Answers — continued

  15. Questions & Answers — continued

  16. Partial Client List

  17. Client Comments “Executive Insight is very pleasant to work with. They are thorough, fair, and provide great communications. Best of all, they produced results without disrupting our day to day work.” Brenda Morris, CFO, Zumiez “It did not take away from the projects and activity for myself or staff.” Melinda Kile, Controller, NeoRx Corporation Read more client comments online www.eibusiness.com

  18. executive insight, inc. Richard Hulbert 1350 Hamilton Rd Ellensburg, WA 98926 206-962-1489 Fax 206-428-1226 richard@eibusiness.com www.eibusiness.com

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