Our services
Cost savings
Our services
Accounts Payable Audits
By auditing your historical payments, we ensure the recovery of payments for various types of claims, such as duplicate payments.
Vendor Master Services
By cleansing and updating your vendor data, you prevent duplicate payments and overpayments.
Spend Management
We analyze key categories to identify cost-saving opportunities and provide comprehensive support for transformation and sourcing projects.
Contact
Contact us for tailored advice
FAQ
Frequently Asked Questions
How much time will it take when Cost Savings conducts an audit?
The workload is entirely with Cost Savings. After the contract is signed, CS will contact a contact person designated by you for the data transfer. When the data has been received by Cost Savings and the data analysis has been performed, we will schedule a kick-off meeting. After the kick-off meeting, we will perform the audit according to our steps (see Accounts Payable Audit). We ask for 0.5 - 1 hour every 2 weeks to go through the claims. Once a month/quarter a physical meeting for an interim report and finally a final report. This can be adjusted in consultation with you.
In short:
- Data submission, 4 hours, one-time
- Approve/reject claims and administrative follow-up 0.5 - 1 hour every 2 weeks
- Interim reporting 1 - 1.5 hours on-site/remote
- Final report 1 - 1.5 hours on location / remote
What is no-cure no pay?
Cost Savings charges a fee when a claim is found, approved, and ultimately processed administratively. Cost Savings only invoices when the funds are in the accounts of our clients or the settlement has taken place.
What do I need for an accounts payable audit?
What do you base your success fee on?
Our success fee is based on the total scope and complexity of the project.
Voor het verrijken en opschonen van uw leveranciersbestand rekenen wij vaste tarieven. Deze zal per ‘leverancier’ berekend worden.
For more information, please fill out our Contact form in.
Is my data safe?
We highly value the protection of your data. To ensure your information remains secure, we have implemented various security measures:
- Data encryption: All your data is encrypted.
- Secure servers: Our data is stored on Amazon Web Services (AWS) servers and located in data centers within Europe with strict security protocols, including physical and digital security.
- Access control: Only authorized personnel have access to your data, and this is done based on 'need-to-know' principles.
- Regular Audits: We regularly conduct security audits and checks to ensure that our security measures are effective and remain up-to-date.
- Privacy policy: We respect your privacy and process your data in accordance with our privacy statement.
- Certificate of Conduct: Upon request, we can provide a Certificate of Conduct (VOG) from our consultants if desired*
*Costs are covered by the customer.
