Without any effort or cost to you
Our overpayment check is much more than just "looking for duplicate payments"
Nowadays, duplicate payments make up only a small portion of the most common overpayments. Common errors in posting incoming invoices also include missing supplier credit notes, payments to incorrect recipients, or incorrectly recorded or entirely omitted tax deductions.
Our Approach
After analyzing your accounting data, we provide findings from 850+ overpayment categories (around 50 of which relate to duplicate payments). Only after your approval, we can take over the communication with your suppliers and manage the recovery process—no internal effort required, unless you prefer to handle it in-house. You will receive a comprehensive reporting package, including:
Key performance indicators for your accounts payable process
Recurring root causes of errors
Process stability rating
Benchmarks and industry comparisons
Potential areas for improvement
How does it work? We’d be happy to show you.
What does an overpayment check mean for you?
Additional Insights: We identify sources of errors, optimization opportunities, and benchmarks for your accounting processes.
Extra Earnings: You will receive refunds from the correction of previously unknown overpayments (e.g., duplicate payments).
Guaranteed Data Security: 100% compliant with GDPR (EU) and other data protection regulations e.g. of USA, United Kingdom or Switzerland.
No Effort Required: If desired, we handle all project steps—from the initial data export to coordination with your suppliers.
No Risk: We work on a success-based model—our fee is only a percentage of the recovered funds. No cure, no pay.
What does an overpayment check mean for you?
Grund 1
Additional Insights: Wir zeigen Fehlerquellen, Optimierungen und Benchmarks für Ihre Accounting-Prozesse.
Grund 2
Extra Earnings: Sie erhalten Rückzahlungen aus der Korrektur bisher unbekannter Überzahlungen (z.B. Doppelzahlungen).
Grund 3
Guaranteed Data Security: 100% compliant with GDPR (EU) and other data protection regulations e.g. of USA, United Kingdom or Switzerland.
Grund 4
No Effort Required: If desired, we handle all project steps—from the initial data export to coordination with your suppliers.
Grund 5
No Risk: We work on a success-based model—our fee is only a percentage of the recovered funds. No cure, no pay.
How high is the risk of duplicate payments in your organization?
Today, duplicate payments account for only a small portion of total overpayments. More common errors include: • Incorrect or missing VAT deductions • Supplier credit notes missing or mistakenly posted as invoices • Unclaimed rebates and annual bonuses • Payments made to incorrect recipients • Incorrectly recorded import tax deductions Empirical studies by the American Institute of Internal Auditors (IIA), based on international data, found that for every 1,000 supplier invoices, an average of 1 to 2 accidental overpayments (duplicate payments) occur.
➔ Sounds like a small number? With 300,000 invoices per year and an analysis covering three years, this would amount to 3,000 – 6,000 overpayments.
Do you believe your process is secure and that overpayments or duplicate payments are impossible in your company?
➔ That’s a common assumption. However, we always find something. That’s a common assumption. However, we always find something. Over the past 12 years, we have conducted approximately 900 projects, and in every case, we uncovered previously unknown overpayments. Refunds ranging from €500,000 to €4,500,000 are not uncommon.
And what if we don’t find anything?
➔ It’s simple: If we don’t find any overpayments, you’ve received a free validation of your processes—at no cost to you.
You want to find out more?
Our approach
Simple, fast and transparent: In five project phases, we get from the first meeting to the end result and final report - in just a few weeks.
Fees
Here's the clincher. We work purely based on success. This means that our project costs you nothing at all. It even brings you additional income. How does that work?
Optional add-ons
We reconciliate your vendor accounts with the account information of the respective suppliers. By identifying deviations, we find even more overpayments - which cannot be detected by mere analytics - and arrange for their repayment or correction by the supplier
(recommended for clients with high transaction volumes and for certain industries).
We cut through contract complexity to provide procurement and accounting teams with the visibility and insights to deliver immediate cash recoveries and long-term cost savings for healthier whole businesses
(recommended for clients with regular annual bonus agreements with suppliers).
Further analysis to obtain additional information for you:
■ Master data check
■ Bogus invoice check
■ Compliance check
■ Fraud check
■ Embargo check
