£2,300,000 recovered for a high street branch

£2,300,000 recovered for a high street branch

We had been instructed by our client to audit their property purchase ledger and review payments made to suppliers.


Challenge

To validate historic and current payments made by the client on their previous & current ERP system.


Constraints

As the payments are historic and the client had switched ERP systems it was a strenuous task to identify if invoices had been processed incorrectly, processed on both systems or not processed at all.


Resolution

We worked with the client’s current and previous system to establish what had been processed correctly and incorrectly, we then approached the Managing Agent for copies of the documents that were missing or processed incorrectly. This resulted in us recovering £2.3m in VAT for the client.


Result

£2,300,000

Case Studies

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How we recovered over £140,000 for our client

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Helping our client audit an existing lease

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Portfolio audits leads to a £200,000+ recovery

Find out how much we can recover for you

On average we recover 20% of your annual spend.