Contract compliance and overpayments recovery is a standard part of our Forensic Cost Analysis process.
Contract compliance analysis that is simply a price checking mechanism is usually an integral part of company systems or a process conducted routinely by procurement. The compliance we tend to focus on is the correct interpretation of complex contract pricing arrangements into price tables and individual transactions. These often require the development of contract specific transactional analysis models to accurately identify issues.
Contract compliance in complex pricing can be quite a difficult task, especially when multiple executives check individual invoice compliance with purchase orders. In these circumstances, issues that apply to whole of contract are not always immediately apparent in a single invoice.
Overpayment recovery is a logical extension of the compliance analysis. The analysis provides the justification evidence for the claim on your supplier. ADEPT normally drive the supplier negotiation for this recovery.
The unique ingredient ADEPT offer here is decades of experience obtained by our consultants in analysing contract compliance in their corporate careers and subsequently with the many client engagements through ADEPT.