Even the most seasoned companies may have difficulties in the fast-paced retail industry due to issues with the supply chain and payment problems. These difficulties, in our opinion at Audit Partnership, are opportunities for process and financial excellence.
Our creative approach is intended to transform this complex trip into an engaging experience, guided by leading industry figures and state-of-the-art tools. Given the distinct characteristics of the retail sector, we carefully craft our alliances so that they smoothly fit into each company’s structure.
Our retail recovery audit services help retailers identify overpayments and underpayments in their books. Through our detailed analysis of invoices, receipts and payment records, we help recover money lost in the Retail supply chain.
Our retail recovery audit services provide transparency and financial control across procurement and accounts payable functions.
Let our team of experienced retail recovery audit professionals audit your books and find revenue leakage.
Contact us today to learn more about our recovery audit in the retail industry.
Our technology-enabled retail recovery audit approach ensures accuracy and efficiency for cost-effective results.
Pillars of our Approach
In a world where every insight is a valuable asset, our partnerships become a game-changer, offering a backstage pass to the inner workings of your retail operations. We achieve this level of insight by auditing every supplier, every transaction, every product, and every price – exploring every avenue in our pursuit of a thorough and in-depth understanding and review.
We uphold a commitment to precision, ensuring no funds are overlooked. Our dedication to excellence consistently surpasses competitors, discovering increased recoveries ranging from 20-30%, and occasionally soaring as high as 100% after a comprehensive review of their work.
Our Comprehensive & Strategic Retail Audits
Purchases Audit
Evaluate procurement data in alignment with commercial supplier agreements, identifying and recovering overpayments.
Promotional Audit
Evaluate promotional activity in comparison to commercial agreements, aiding in the identification and recovery of erroneous or missing promotional income.
Annual Income Audit
Evaluate annual income in accordance with commercial agreements, aiding in the identification of missed annual commercial income.
Concessions Audit
Our Concessions Review delves into areas of non-compliance within contractual terms, providing clarity on charges. It assesses the effectiveness of your concessions contract management, ensuring payment alignment with terms. Additionally, it recovers missing funds and under-claimed monies across all stores.
Exploring the Blueprint of our Retail Audit Strategy
Fixing the Problems of Today, not Yesterday!
Our Accelerated Audit model optimises returns, reduces leakage, and ensures in-year supplier contact aligned with compliance and best practices. Providing real-time insights for commercial and finance teams, our approach streamlines recovery audits and minimises long-term leakage rates, fostering healthy working capital for your business.
Elevate your cash flow in retail, gain a competitive edge, and reinvest in customer satisfaction with our unique service, Cashflow. Experience “Right First Time” invoicing for financial health.