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Turn-key Recovery Audits
Outsource Solution
The Kraft Group provides traditional, turn-key recovery audit services. We take care of everything from "Discovery to Recovery." Our outsource clients simply deposit the reimbursement payments and deduct the confirmed claims and credit memos.
Data Acquisition
- The Kraft Group's unique Data Summary Report helps correct data accuracy before the audit engagement begins; incomplete or incorrect data is resolved to ensure that accurate claims are produced
Full-Cycle Audit Services
Procurement-to-Pay comprehensive approach
- Payables analysis uncovers dupicate payments, overlooked discounts, freight, returns, tax issues and the like
- Procurement analysis uncovers contract and pricing issues, such as incorrect pricing, rebates and contract noncompliance
Claims Discovery
Claims discovery is based on
- Standard reports generated
- Auditor-defined reports
- Expert knowledge of the industry
Claims Recovery
Claims recovery begins with Claim Generation after thorough investigation, documentation and confirmation followed by Claim Tracking to ensure timely resolution. Claims are resolved by our vendor relations staff.
We are known for being the least intrusive in the industry.
Management Intelligence
Online reporting and hard-copy reporting are available. Most beneficial is a group meeting with the entire staffs of Accounts Payable and Procurement departments. |
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