Historical Cost Recovery

Historical Cost Recovery is where we carry out an audit of accounts payable. We have a non-intrusive approach to our work. After receiving a data download of your accounts payable, we identify, among other things, duplicate payments, over-payments and cash discrepancies that you may have made to your suppliers, covering both direct and indirect costs. We then recover this money on your behalf, acting as a ghost department of your accounts payable. The service does not involve you or your staff in any work and our fees are contingency based. In other words we work on a “no win—no fee” basis.

We do

* Audit accounts payable transaction and processes in accordance with requirements * Recovery from supplier undertaken by ADS Data Services * Provide transaction analysis and supplier profile reports * Deliver detailed reports on findings and recommendations on process improvements * Increase current earning and enhance shareholder value