Contract Compliance Auditing and Financial Project Support

Ensure proper contract compliance with vendors, distributors, franchise operations, and other entities that have a fiduciary responsibility to your business. Specialized audits that incorporate data mining skills with audit techniques.

ACCOUNTS PAYABLE AUDITS

• Duplicate payments
• Overpayments based on contractual rates
• Phantom vendors, employees or invoices
• Inappropriate procurement practices
• Failure to obtain rebates owed to client

ROYALTY AUDITS

• Poor controls and tabulations resulting in inaccurate royalty payments received
• Misunderstanding of contractual terms impacting the amount of royalty payments received
• Incorrect foreign currency translation

PRICING AUDITS

• Guaranteed pricing assurance
• True-ups to contract terms
• Two-tiered vendor agreement compliance

CONSTRUCTION AUDITS

• Billed work without performance
• Over payments based on contractual rates
• Over billings or lack of contract compliance
• Contract manager or subcontractor issues
• Kickback schemes

ADVERTISING AGENCY AUDITS

• Billing errors related to failure to meet various volume and frequency requirements
• Rebates and value added commitments
• Prompt Pay discounts
• Production cost allocations without approval

DISTRIBUTION REBATE AUDITS

• Erroneous sell-through data from distributors
• Duplicate rebate submissions
• Black market product sales
• Free product or returned product schemes
• Failure to report credits properly
• Incorrect end-consumer pricing used for rebate calculation

OTHER AREAS OF RECOVERY

• Medical claims (especially self-insured clients)
• Transportation costs
• Employee travel reimbursement expenses
• And more….depending on your business model