This is Recovery Audit
This is the typical recovery audit process.
The parameters for the project are defined at an initial meeting, along with how raw data from the accounting system will be managed.
The customer exports transactional data to Qvalia – all data formats and systems can be managed.
Qvalia conducts a statistical analysis, followed by a manual inspection by our experts.
We manage the correction procedure and take care of the processes surrounding it. We manage the dialogue between supplier, tax authorities and other parties.
Our Transaction insights report presents the project findings including key learnings to prevent future capital leakage. We present insights and metrics into the organisation’s accounting complexity, accounts payable workload, master data quality, and automation potential.