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Easily identify and recover profits to maximize your working capital

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Enrichment</a> </li> <li> <a href="https://www.basware.com/en/solutions/e-invoicing-network/sending-e-invoices/" title="Sending e-Invoices">Sending e-Invoices</a> </li> <li> <a href="https://www.basware.com/en/solutions/e-invoicing-network/e-invoicing-archive" title="e-Invoicing Archive (Vault)">e-Invoicing Archive (Vault)</a> </li> <li> <a href="https://www.basware.com/en/solutions/e-invoicing-network/network-interoperability" title="e-Invoicing Interoperability">e-Invoicing Interoperability</a> </li></ul></div><div class="c-mega-menu--col"> <h4> <a href="https://www.basware.com/en/compliance/invoicing-and-tax-compliance/" title="Compliance">Compliance</a> </h4> <ul> <li> <a href="https://e-invoicing-compliance.basware.com/en" title="e-Invoicing Compliance News">e-Invoicing Compliance News</a> </li> <li> <a href="https://www.basware.com/en/compliance/invoicing-and-tax-compliance/" title="Invoicing and Tax Compliance">Invoicing and Tax Compliance</a> </li> <li> <a 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hs_cos_wrapper_widget hs_cos_wrapper_type_module" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"><section data-block-title="Hero" class="Block Block--hero relative animate-in bg-theme theme-lightBlue inverted-style align-left has-image" style="--bg-image-url: url(https://www.basware.com/hs-fs/hubfs/Banners/Solution%20page%20banners/basware-solutions-basware-insights.jpg?width=1600&amp;name=basware-solutions-basware-insights.jpg); --bg-image-size: cover; --bg-image-h-align: center; --bg-image-v-align: center; --tablet-bg-image-url: inherit; --mobile-bg-image-url: cover; overflow: hidden"> <div class="Block-mask relative z-1"> <div class="Container"> <div class="HeroContent py-s lg:pb-lg lg:pt-xl "> <div class="HeroContent-text"> <div class="Block-content"> <header class="Block-heading "><h1>AP Audit &amp; Recovery </h1></header><div class="Block-preamble t-preamble"><p><span>Make profit loss a thing of the past.</span></p></div><div class="Block-action flex flex-wrap flex-col md:flex-row mt-md"><a href="https://info.basware.com/en/speak-to-us" class="button pr purple"> Ready to talk? </a></div></div> </div> <div class="HeroContent-media mb-xs mt-0 lg:mt-md lg:mb-0"> <div class="Block-image "><div></div> </div> </div> </div> </div> </div> </section><section data-block-title="Breadcrumbs" class="Block Block--breadcrumbs z-1 py-paragraph-mobile"> <div class="Breadcrumb Container" data-set-link-page-transition="loading"> <div class="max-w-grid mx-auto w-full"> <ul> <li class="breadcrumb-item"><a href="https://www.basware.com/en">Home</a></li> <li class="breadcrumb-item"> <a href="/en">en</a> </li> <li class="breadcrumb-item"> <a href="/en/solutions">solutions</a> </li> <li class="breadcrumb-item"> <a href="/en/solutions/ap-automation">ap automation</a> </li> <li class="breadcrumb-item"> ap audit recovery </li> </ul> </div> </div> </section></div> <div id="hs_cos_wrapper_widget_1695122731154" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"><div class="bwm-bullets FlowingText" style=" "> <div class="Container:narrow"> <div class="head"> <h2>Basware’s AP Audit &amp; Recovery service helps you identify and recover profits to maximize your working capital!</h2> <div><span><span dir="ltr">Even in large organizations with robust processes, unintended payment errors with suppliers can occur. These mistakes may seem minor, but they add up to substantial profit losses over time.</span></span></div> <div>&nbsp;</div> <p>But it doesn't have to be that way.</p> <hr> <h4>With AP Audit &amp; Recovery service, you can identify errors and increase your bottom line with our technology-enabled service while also:</h4> </div> <div class="list-item"> <div class="le comm"> <ul class="ul-icon"> <li><i class="fa-solid fa-check"></i><span>Accelerate recoveries</span></li> <li><i class="fa-solid fa-check"></i><span>Enhance supplier relations</span></li> <li><i class="fa-solid fa-check"></i><span>Pinpoint root causes of erroneous fraudulent spend</span></li> </ul> </div> <div class="ri comm"> <ul class="ul-icon"> <li><i class="fa-solid fa-check"></i><span>Provide actionable, data-driven insights</span></li> <li><i class="fa-solid fa-check"></i><span>Ensure full audit traceability</span></li> <li><i class="fa-solid fa-check"></i><span>Minimize fraud exposure with risk identification</span></li> </ul> </div> </div> </div> </div></div> <div id="hs_cos_wrapper_widget_1694429864324" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"><div class="bwm-snav stickit bg-theme theme-darkBlue"> <div class="toggle-button"></div> <div class="Container"> <ul> <li> <a href="#solution-overview" target="_self">Solution overview</a> </li> <li> <a href="#kpis" target="_self">Achievable KPIs</a> </li> <li> <a href="#value-drivers" target="_self">Value drivers</a> </li> <li> <a href="#customer-success" target="_self">Customer success</a> </li> </ul> </div> </div></div> <div id="hs_cos_wrapper_widget_1695122936613" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"><div class="bwm-bullets FlowingText" id="solution-overview" style=" "> <div class="Container:narrow"> <div class="head"> <h2>Unlock the potential for regaining profits with AP audit &amp; recovery.</h2> <p><span><span dir="ltr">Armed with advanced technology, Basware’s expert audit team conducts an in-depth review of your disbursements and supplier statements to identify and recover funds you are owed. We handle the complexities &nbsp;so you can focus on your core responsibilities.</span></span></p> <h3>Now get ahead with:</h3> </div> <div class="list-item"> <div class="content"> <h4><i class="fa-solid fa-circle-check fa-lg" style="color: #04d3aa;"></i>&nbsp;Root Cause Analysis</h4> <p>Uncover payment error root cause to take corrective actions. Analyze trends in payment errors to refine processes.</p> </div> <div class="content"> <h4><i class="fa-solid fa-circle-check fa-lg" style="color: #04d3aa;"></i><span><span dir="ltr">&nbsp;Traceability</span></span></h4> <p>Monitor document recovery process for audit compliance, ensuring the traceability of original documents.</p> <p>&nbsp;</p> </div> <div class="content"> <h4><i class="fa-solid fa-circle-check fa-lg" style="color: #04d3aa;"></i>&nbsp;Analytics and Reporting Tool</h4> <p>Access our analytics and reporting tool during audits for insights into vendor management, fraud indicators, and compliance gaps.</p> </div> <div class="content"> <h4><i class="fa-solid fa-circle-check fa-lg" style="color: #04d3aa;"></i>&nbsp;Transparency via Portal Access</h4> <p>Effortlessly track claim status, recovery amounts, and credit classification through portal access. This streamlined approach ensures seamless monitoring without disrupting your teams.</p> </div> </div> </div> </div></div> <div id="hs_cos_wrapper_widget_1713512415125" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"><section data-block-title="One column" data-default-fields="subheading,heading,image,preamble,body_text" class="Block Block--oneColumn align-center top-noSpacing theme-white textAlign-left"> <div class="bg-theme"> <div class="Container py-block"> <div class=" mx-auto"><div class="Block-body FlowingText"><hr> <h4 style="text-align: center;">Want to learn more?</h4> <p style="text-align: center;">Download our free AP Audit &amp; Recovery<i>&nbsp;</i>Factsheet&nbsp;<i></i>now.</p> <p style="text-align: center;"><a class="button" href="https://cdn.brandfolder.io/DEX9HZEN/at/f7khk7xmr6fx4h8m6pbnqgcw/Basware_Audit___Recovery_Factsheet.pdf" target="_blank" rel="noopener">Download</a></p></div></div> </div> </div> </section></div> <div id="hs_cos_wrapper_widget_1695822864736" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"> <!-- HTML to show when checked --><div data-block-title="Multi Column" class="Block Block--columns center bg-theme col-count-3 theme-gray text-center layout-auto grid-default imageStyle-contained" id="kpis"> <div class="Containerdefault py-block flex flex-col"><header class="Block-header"><h2>Achieve best-in-class cash recovery with our enhanced product suite </h2></header><div class="Row gutter-l items-start"><section class="Col"><div class=" Col-inner"><div class=" Col-content"><h3 class=" Col-heading "><p style="text-align: center; color: #4dc3ff; font-weight: 800; font-size: 75px; margin-bottom: 0em;">$1.6T</p></h3><div class=" Col-body ColumnText"><p>Spend protected</p></div></div> </div></section><section class="Col"><div class=" Col-inner"><div class=" Col-content"><h3 class=" Col-heading "><p style="text-align: center; color: #4dc3ff; font-weight: 800; font-size: 75px; margin-bottom: 0em;">$190M+</p></h3><div class=" Col-body ColumnText"><p><span data-contrast="none" xml:lang="EN-US" lang="EN-US"><span>Identified &amp; Recovered in a year</span></span></p></div></div> </div></section><section class="Col"><div class=" Col-inner"><div class=" Col-content"><h3 class=" Col-heading "><p style="text-align: center; color: #4dc3ff; font-weight: 800; font-size: 75px; margin-bottom: 0em;">$1M+</p></h3><div class=" Col-body ColumnText"><p><span data-contrast="none" xml:lang="EN-US" lang="EN-US"><span>Recovered for every 1B spent </span></span><span>&nbsp;<br></span></p></div></div> </div></section></div> </div> </div></div> <div id="hs_cos_wrapper_widget_1695123830854" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"><section data-block-title="One column" data-default-fields="subheading,heading,image,preamble,body_text" class="Block Block--oneColumn align-center theme-white textAlign-left" id="value-drivers"> <div class="bg-theme"> <div class="Container:narrow py-block"> <div class="max-w-content mx-auto"><div class="Block-body FlowingText"><h2>How you benefit from AP Audit and Recovery</h2> <h4><i class="fa-solid fa-check"></i>&nbsp;Quickly identify and Recover Profits</h4> <ul> <li>Knowing your AP team resources are stretched, our audit recovery team helps you swiftly identify and recover missed credits.</li> <li>We discover overpayments, review supplier statements, ensure data quality, and flag potential payment fraud.</li> </ul> <h4><i class="fa-solid fa-check"></i>&nbsp;Detect Anomalies with our Team</h4> <ul> <li>Our Audit Recovery team specializes in detecting payment variances and uncovering anomalies.</li> <li>Our team uncovers duplicate vendor payments, erroneous transactions, and currency differences so you can focus on your core responsibilities.</li> </ul> <h4><i class="fa-solid fa-check"></i>&nbsp;Improve Supplier Relations</h4> <ul> <li>Strengthen supplier relations by reducing errors, minimizing unnecessary contacts, and accelerating credit recovery.</li> <li>This approach enhances efficiency, fostering collaborative and positive relationships with suppliers.</li> </ul></div></div> </div> </div> </section></div> <div id="hs_cos_wrapper_widget_1695124020833" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"><div class="bwm-test-slider bg-theme theme-darkBlue" id="customer-success" style="Background:url(https://www.basware.com/hubfs/Basware%20Hubspot/Basware_Brand-Texture_Backgrounds_Midnight-Green.jpg) no-repeat center;margin-top:0; "> <div class="Container:narrow"> <div class="test-list"> <div class="s-test"> <div class="c-quote"> <div 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<a href="https://www.basware.com/en/why-basware/customers/huntsman-corporation" target="_blank" rel="noopener"> Robin Holdt, Global P2P Director, Huntsman Corporation </a> </p> </div> </div> </div> </div> </div> </div></div> <div id="hs_cos_wrapper_widget_1711095692076" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"><div class="bwm-three-color" id="why-basware"> <div class="Container:narrow"> <div class="head"> <h2>Why customers use Basware as their leading AP Automation Provider</h2> </div> <div class="item-list"> <div class="item"> <div class="item-content bg blue"> <div class="ficon"> <i class="fak fa-true-automation" style="color:#fff;font-size: 6em;" aria-hidden="true"></i> </div> <h3> True Automation </h3> <p> Cutting-edge technology powered by AI &amp; ML that eliminates all manual processes </p> </div> </div> <div class="item"> <div class="item-content bg purple"> <div class="ficon"> 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