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Stop throwing away your money! How to avoid duplicate payments without expensive audit

Presentation14.09.2012 Bookmark


The Institute of Internal Auditors has found that duplicate payments make up 0.5% of annual invoice payments. So if your organisation spends £50 million annually then it is likely you are losing £250,000 or more each year. From this presentation given at The Accounts Payable Tech Summit 2011 by Nicole Edbrooke, Head of Purchase to Pay at Essex County Council, you will learn how to continuously check for duplicate payments, claim back previous ones and also prevent future errors.

The Institute of Internal Auditors has found that duplicate payments make up 0.5% of annual invoice payments. So if your organisation spends £50 million annually then it is likely you are losing £250,000 or more each year.

From this presentation given at The Accounts Payable Tech Summit 2011 by Nicole Edbrooke, Head of Purchase to Pay at Essex County Council, you will learn how to continuously check for duplicate payments, claim back previous ones and also prevent future errors.

• Examining the business case for implementing duplicate payment checking solutions
• How to implement the technology and what results have been achieved so far?
• Essex County Council reveals its unanticipated benefits from using a payment checking solution and its plans for next year

View more presentations from sharedserviceslink.com
1038-Accounts-Payable-Technology-Summit-2012  

sharedserviceslink.com will be hosting The Accounts Payable Tech and e-Invoicing Summit 2012 in December in London, UK.

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accounts payable, essex county council, nicole edbrooke, process visibility, spend control, technology, working capital