Working method
There can be multiple reasons to make use of the services of Double Payments:
- Perform an audit on your existing procure-to-pay (P2P)/procurement processes
- Detect double paid invoices
- Gain insight into the quality of your accounts payable administration
- Improve your financial results and liquidity position
In general, we follow these steps:
- An (online) introductory meeting.
- You provide data from your accounts payable administration.
- We analyze this data free of charge and come back within one week with a concrete amount and number of invoices that have potentially been processed twice. This happens without further obligations.
- If you want further investigation, you sign a contract with us.
- We provide you with the potentially double paid invoice/document numbers.
- You check these documents yourself and reclaim the amounts from your suppliers if necessary. This directly improves your profit and liquidity position.
| - We hold a final evaluation where we trust your outcomes, so that no extensive dossier creation is needed. We may perform a spot check on approximately 10% of the invoices that you indicate were not actually paid twice.
It is also possible to sign a contract directly after the introductory meeting. This skips step 3.
