The process of managing a vendor statement audit and the corresponding credits on them can be challenging. It takes a lot of time, attention to detail, and knowledge of how to do it properly. However, if you’re not careful about vendor statement auditing, it can lead to financial losses for your company.
Fortunately, solutions like Empaur, built on the new Acuri AI-Platform, help make this process easier for you by handling all the supplier correspondence and data analytics so that your employees can focus on more strategic projects.
Statement Audit Professionals
The Empaur Team and Technology
Fully Experienced Audit Support Team
The solution includes a full level of data entry and supplier correspondence management, enabling the client to maximize their internal effectiveness by focusing on more strategic initiatives.
Additionally, the Acuri platform offers a self-service portal that provides clients with a single source of truth for viewing both the progress and results of their efforts from anywhere at any time.
Acuri AI-based Recovery Framework
Clients have real-time access to the Acuri AI Recovery application. From your desktop, tablet, or mobile device, you will be able to view and manage your recovery data including; vendor statements, credits, and processed recoveries.
Acuri Online also offers our clients a self-service portal that provides users with one location for viewing all of their reporting and analytics online from anywhere at any time.
“A comprehensive Vendor Statement Audit is a best practice for any company in any industry.”
– Sharon Ige
The Empaur Team and Technology
Acuri Online Self-Service Portal
Clients have real-time access to the Acuri AI Recovery application. From your desktop, tablet, or mobile device, you will be able to view and manage your data, financials, vendor statements, and credits.
Acuri Online also offers our clients a self-service portal that provides users with one location for viewing all of their reporting and analytics online from anywhere at any time.
Integrated Real-time Reporting
The Acuri platform provides dynamic, real-time insights and analytics that provide clients with the data they need to make better decisions.
Our customers receive real-time analytics on their recovery efforts, supplier communications, correspondence, data, and more.
This information is continually updated daily to ensure it’s always fresh for the user to stay ahead of any potential process gaps. Reports also provide details and insights into root causes of problems and facilitate permanent solutions
Statement Audit Process
Managing a vendor statement audit and the associated credits can be a daunting task, but it is also an important one. If you don’t address this process correctly, your company could incur financial losses and strained vendor relationships.
To help make the job easier for those in charge of managing AR, we offer Acuri AI – our solution that makes auditing more efficient by automating many tedious tasks and giving you real-time reporting on the next steps with vendors. Request a demo today to see how easily Acuri AI can work wonders for your company!
Omnichannel supplier outreach
Empaur Recovery integrates with multiple company communication channels, including traditional mail, email, fax, and SMS, to enable seamless collaboration with suppliers.
Utilizing advanced features within the Acuri AI framework, our team can help make your recovery efforts more efficient and profitable by proactively communicating with your suppliers during the entire reconciliation process.
Document collection and management
Empaur Recovery captures and electronically archives all incoming supplier AR data and supporting documentation for future use during the auditing process.
The Empaur interface includes copies of vendor statements, correspondence from suppliers, and supporting documentation such as invoices or deal parameters. As a result, you can find what you need faster with less time spent searching for it in paper records.
Updated Supplier AR Contact Details
The new Acuri AI platform cleanses supplier information and confirms supplier relationships to verify the accuracy of your data and enhance it when possible.
The Empaur process ensures seamless integration with resolving discrepancies in vendor statement audit requests, plus it simplifies the retrieval process for you!
We Will Assist You Throughout The Entire Process
Claim remediation can take many forms. With the Empaur team at your side you can be assured that we will help you actualize your results thoroughout the entire process