Property Auditing | Enabling UK high street retailer to transition ERP systems smoothly & profitably
The Client
UK Chain Store | £B+ UK high street retailer, operating 400+ outlets UK wide
“I saw the Contractus team as an extension of my own team. We all worked towards the same goal of maximising the profitability of the business.”
Head of property services, UK chain store
The Challenge
The client had switched ERP systems; as a result, several invoices had been processed on both systems and several had not been processed at all
It was to be an arduous task to reconcile the invoices on both systems, and the client lacked the resources to carry out the task
The Solution
Contractus acquired the necessary data from both systems and used it to provide the client with an analysis of processed/unprocessed invoices
We then approached suppliers for copies of the documents that were missing or processed incorrectly.
We provided these to the client for processing
The Result
During the process of reconciling the invoices on the two systems, we recovered all VAT on invoices not previously processed, resulting in a £2,300,000 cash benefit for the client
ERP transition was completed with the confidence that all historic invoices were correctly processed
How can we help you?
Visit our services page to see how we can help you.
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