7 Secrets Recovery Auditors Would Prefer You Not To Kno
1. They Cost Too Much - they are never free. Recovery auditors charge commissions of from 20- 50% of the amounts they recover for you. This can add up to a considerable sum. By using FISCAL’s Duplicate Payment FinderTM you pay just a fraction of what a recovery auditor would charge for a recovery audit. In addition on our Recovery Audit Software, our money-back guarantee ensures that, as a minimum, the software must pay for itself or we’ll refund the difference.
2. Their Value Is In The Technology They Use - and they often won’t let you use it directly. They are highly protective of their technology which has helped create a billion dollar recovery audit industry. When you work with FISCAL, you get that recovery audit technology directly on your desktop. And you are in full control.
3. They Don’t Help You Prevent Future Payment Errors - It is not in a recovery auditor’s interest to help you cure your problem. At FISCAL’s, we aim to be your duplicate payment solution for the long term. You can run FISCAL’s Duplicate Payment Finder TM as often as you wish - some of our clients use it on a weekly basis to analyse payments before the cheques go out. Prevention is much better than recovery.
4. They Keep The Information From You - Did you know that most recovery auditors keep the key information they find to themselves? At FISCAL we believe that you should have this information available at your fingertips so that you can control the recovery audit process. FISCAL’s software gives you access to all the data that may possibly be identified as potential erroneous payments and you are free to use as you wish.
5. They Take The Data Off-Site - usually when you hire a recovery auditor, you have to give them your payment history data, which usually involves it leaving your site. With FISCAL’s Duplicate Payment Finder, your data never leaves your site and always remains within your control.
6. They Can Cause Problems With Supplier Relations - it’s usual for recovery auditors to contact your suppliers directly. Since recovery auditors are paid by results, they can sometimes be too aggressive with suppliers, and create future relationship problems especially if they are trying to reclaim payment that was made 12-24 months ago. When you use FISCAL’s Duplicate Payment Finder, we have absolutely no contact with your suppliers.
7. They Can Upset Your Staff - We know of one case where a client revoked a recovery auditor’s security pass because he’d caused so much upset to their staff. As a client of FISCAL, we have minimal involvement with your staff, beyond the initial set-up phase (which can usually be done over the phone in a matter of minutes).
For more information on Recovery Audit Software for Duplicate Payments please visit www.fiscaltechnologies.com
Filed under: Accounting Software, Freeware
