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Welcome to the Duplicate Payment Resource Center!

This resource center is packed with free diagnostic tools, tips, and best duplicate payment obliteration practices. It stretches over several pages so be sure to roam around and find them all!

 

DiagnosticTake Accounts Payable Now & Tomorrow's duplicate payment challenge & find YOUR duplicate danger zone! Download the duplicate payment challenge (pdf format) here.

AP Tips

Remember to set stringent rules over how employees’ names are entered into the master vendor file. Decide whether you are going to put first name first or last. While there is no right way–other than everyone doing it the same–we strongly recommend last name first.

 

 

 

Overpaid

 

Duplicate payments occur for a variety of reasons, including keying errors, lack of visibility to historical invoice or payment data, and inconsistencies in the master vendor file. The ultimate goal is to identify risk and prevent loss before it occurs.

Bottomline Technologies' WebSeries® solution, which includes a proven Payment Risk Management module, is specifically configured to flag duplicate payments, such as checks written to the same person with the same amount in a defined time window, or checks written to different payee names but sent to the same address.

For more information visit Bottomline on the Web here.

 

The purpose of a recovery audit is to identify and collect overpayments to:

  • Client’s Vendors
  • State/Local Sales Taxing authorities 
  • Telecom companies

The benefits:

  • Recovered dollars go directly to client’s bottomline;
  • Results test the client’s system integrity and internal control;
  • Risk free since  fees are contingent on recoveries

Typical Recoveries:

  • Duplicate & Erroneous payments;   
  • Missed Discounts & Rebates;
  • Pricing errors;
  • Unapplied credits;
  • Erroneous Sales Tax Charges;
  • Dormant telecom lines and circuits

Report provided at completion includes recommendations.

Overpaid Payables Recovery, Inc. has provided recovery audit services with the utmost professional integrity for 15+ years, without geographical boundaries: clients nationwide, Canada and Mexico.

 

Stop Duplicate Payments in Their Tracks: A 13-Step Precautionary Plan of Attack

To quote Jimmy Buffett, everyone has them and no one knows what to do with them. While Buffett may have been talking about relationships, we’re talking about duplicate payments and we know what to do with them—get rid of them. But how? To continue, click here. Or download a pdf version of Stop Duplicate Payments in Their Tracks.

 

Did you know that firms that never clean up their master vendor file substantially increase their odds of making duplicate payments? When was the last time your master vendor file was cleansed?

 

Looking for more insights on eliminating duplicate payments? Attend our Duplicate Payment Obliteration Webinars!

 

 

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