JPD Financial Services
- Vendor Credit Recovery
- Accounts Payable Audit
- VAT and Tax Analysis
- Claims Verification Service
- Advanced Collections Service
- Data Cleansing & Standardization
Vendor Credit Recovery
Vendor Credit Recovery is an established process that captures valuable money that is rightfully due to your organization. For more than 25 years JPD Financial has worked behind the scenes on behalf of its clients, researching and uncovering funds that would have otherwise be lost and written off in today’s automated systems. JPD Financial has developed and pioneered a proprietary methodology that has been proven to deliver results on a continuous basis.
Missed credits, overpayments, unapplied cash, missed rebates, and duplicate payments are examples of the ways in which your organization can be losing money every month. Money which could make a difference to your business and could ultimately be written off and reclassified by your vendors. Our mature, technology-enabled processes enable us to reach far deeper into your vendor base than traditional recovery audits, maximizing the identification, documentation and recovery of monies to our clients. While conventional recovery methodologies look at accounts payable records to identify overpayments or money spent in error, JPD goes much further—directly reviewing vendors’ receivables records. By doing this, we identify, document and recover outstanding credits that are not found by traditional accounts payables audits and methods.
Other recovery firms audit a wide range of audit categories as part of their ‘broad scope’ service offering. The challenge here is that the audit can become a due diligence or “checklist” process often times missing recovery potential from a more focused approach on just a few categories. Our years of experience and roots in Vendor Credit Recovery have resulted in a process designed with one priority in mind – to maximize money recovered.