SpendLab offers expert investigative services into double and undue payments for companies which process more than 20,000 purchase invoices per year. We specialise in creating liquidity (cash) for our clients by identifying and analysing irregularities in the management of accounts payable. We detect liquidity risks and then recover undue payments: double payments, overpayments, debited credit notes and incorrect VAT. In addition, we provide an interactive compliance and risk report which contains identified risks among suppliers. 𝗦𝗽𝗲𝗻𝗱𝗟𝗮𝗯 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝘀 𝗣𝗮𝘆𝗮𝗯𝗹𝗲 𝗥𝗲𝗰𝗼𝘃𝗲𝗿𝘆 𝗔𝘂𝗱𝗶𝘁 SpendLab’s accounts payable audit is an end-to-end process which maps the entire accounts payable process. We review and analyse raw financial data, using hundreds of advanced algorithms. This enables us to provide unique insights based on big data analytics, machine learning and AI, combined with the experience of our in-house finance professionals. We always share this information with our clients in reports and we provide advice on how to improve accounts payable processes. 𝗡𝗼 𝗖𝘂𝗿𝗲, 𝗡𝗼 𝗣𝗮𝘆 In return for our services, we ask very little of our clients in terms of time, effort and money. The amount we charge is based on the amount which can be recovered by our investigation. No cure, no pay. SpendLab complies with GDPR legislation and is ISO certified for information security management (ISO/IEC 27001) and quality management (ISO 9001:2015)
