Can recovery audit software really improve my organisation’s profitability?

The world is progressively emerging from the worst recession in years and companies, from multinationals down to sole traders, are considering their alternatives.

Getting to grips with their economic situation will be the number one thought in the minds of the majority of business owners. One of the several ways to do this is to cease the practice of making duplicate payments to suppliers.

Many businesses inadvertently make duplicate payments to their vendors so Fiscal Technologies designed a software package that would resolve the problem

Fiscal Technologies is the only enterprise in the world that is solely dedicated to manufacturing the best-in-class accounts payable audit software. Over the years they have analysed client accounts from all the major financial systems and in 100% of cases they have found accidental duplicate payments that clients were ignorant of.
To make matters worse, it is usually the case that the receiver is unaware that the mistake has occurred. Fiscal Technologies’ recovery audit software will erase the problems, saving you not only valuable time but also money.
Installation time for the accounts payable audit software package is less than one hour and anybody in the team can employ it. There’s no necessity to have a background in auditing and there’s no need to pay massive training bills.
Not only does the recovery audit software detect duplicate payments before they arise, it also reviews all of your old remittances and highlights any situations where the mistake has already happened. This powerful feature will enable you to commence recovery proceedings immediately.
Do you wish to know why duplicate payments occurred in the first place? When you use Fiscal Technologies’ recovery audit software, you will obtain a system generated report which clearly details the reason for the duplicate. Armed with this knowledge, you can set about changing your accounting processes to bar the problem occuring again.
There’s one final, but exceedingly important benefit to using this accounts payable audit software. You’ll not need to remit enormous sums of money to an external auditor!

Please visit http://www.fiscaltechnologies.com/ for further information about this topic.

http://www.fiscaltechnologies.com/

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