Procurement - to - Payment Process Consulting

P2P is a domestic consulting firm, which utilizes sophisticated software technology to analyze “Procurement - to - Payment” business processes.

Our Services

P2P delivers business process reviews in:

Why We Do It

“Business Process Review” is a financial best practice recognized by leading companies worldwide as a method for improving processes, reducing erroneous payments, and enhancing business performance.

As the economy and modern global business technologies have extended markets reach and allowed companies to multiply their processes as they merge, divest and change their systems - business has been asking people to do more with less in order to leverage margins and increase productivity.

But, doing more with less has also led to some inevitable things: Errors, Mistakes, Overpayments, Under-Deductions and Fraud. While these errors in and of themselves might be relatively small in any specific instance...add them up and they can mean a loss of some serious money for all too many companies. But these unintentional errors need not be a "cost of doing business."

What P2P Will Do

P2P will perform a contingency or fee base review of business processes which;

• Will review the underlying processes and procedures to uncover the root causes of these transactional errors;
• Will recover inadvertent disbursement overpayments;
• Will provide a highly qualified assessment of your internal payment processes with the intent of helping you address process frailties;
• Will submit claims in a timely manner

How Do We Do It

P2P has developed a proprietary recovery audit tool, P2P RECAP™, which allows our clients to view audit progress and reporting 24/7 through a secure website. This cutting edge technology provides better reporting and less client/auditor interface, making our process all that more invisible.

What You will Receive

• Recovery of Erroneous Payments. Typical P2P recoveries average 0.0004 vs. the industry average of 0.0001 per Dollars Expended.
• A Disbursement Analysis Summary (DAS) which provides a detailed breakdown of your spending. This tool can be utilized to help you consolidate and better manage your company’s expenditures.
• A Vendor Analysis Summary (VAS) which provides a detailed listing of all your vendors. This tool can be utilized to help you consolidate your Vendor Master File and prevent potential fraudulent transactions.
• A Narrative Audit Summary (NAS) which provides not only the detailed audit findings, but also includes actionable recommendations to improve your processes.

What You Can Do

Call us at (214) 514-5878) or email an inquiry to info@p2paudit.com to determine when a presentation of our service capabilities may best be scheduled for your company.

WHY P2P

• Client Focused - P2P focuses its entire business on representing the best interests of our clients.
• Expenditures Expertise - We understand the Purchase-To-Payment process. Our business practice professionals have extensive general business experience and specific experience with these processes.
• Vendor Experience - Over the past 18 years we have dealt with thousands of vendors. We understand the challenges of dealing with our clients’ vendors, including those requiring special treatment.
• Minimal Impact - We implement and provide our services with minimal impact on your operation. We strive to become “invisible” within your operation.
• Trusted - Over the past 18 years, we have handled sensitive data for all of our clients. Our first priority is protection of this information.