Enhancing Revenue Recovery through Advanced Audit Solutions

Challenges.

• Revenue loss from under-collection in sales, exchanges, and refunds
• Ineffective audit processes unable to capture all recoveries

Solution.

• Understood the requirements and landscape of customer and enhance import and expert interfaces to accommodate the data in our Audit Tool.
• Did POC on 1 month data and identified recovery of more than $50K over and above 2nd Pass Audit.
• Signed Short term agreement to perform 3rd Pass (later upgraded to 2nd pass) Audit.
• Signed long term contract to perform 2nd Pass Audit.

The Impact.

• Increased Revenue by identifying more violation using innovative solutions with deep domain expertise.
• Higher Customer Satisfaction 
• Enhanced reporting with separate reporting engine