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Why Recovery Audits Matter During COVID-19

Why Recovery Audits Matter During COVID-19

SAP
Pages 4 Pages

This APEX Analytix white paper explains how the pandemic disrupted AP controls, creating duplicate payments and overpayments. Urgent purchasing, remote work, and skipped vendor setup increased fraud risk. APEX recommends three recovery methods—AP audits, tax recovery, and contract compliance audits—to reclaim funds and strengthen internal controls. Their analytics identify duplicate payments, lost credits, and missed rebates. Advanced automation and “firststrike” software help detect errors proactively, achieving a 98% claim completion rate.

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