Notwithstanding the checking of invoices and comparison of the costs with company budgets, the double charging of fees happens regularly. The payment of double charged amounts can be ascribed mainly to:
Double Paid analyses all aspects of the recorded description. By linking files and combining advanced automated and visual checks, the above aspects often appear as "findings".
*A study by the consulting firm Accenture shows that many organizations never or seldom use an (automated) purchase order system, and that the organizations that do so use purchase orders for some of their purchases only. The research shows that 80% of the organizations use a two way match" (match between purchase order and invoice) and 65% of surveyed organizations apply a" three way match". This match was automated in only 50% of the cases.
An audit by Double Paid offers you:
Our team of specialists aims for: