Bellevue, WA (August 2025) – While almost all Fortune 100 companies conduct Accounts Payable (AP) Recovery Audits, thousands of companies fail to even consider this industry best practice. CPRS, the leader in cost recovery solutions, explores the myths and realities of AP Recovery Audits in its new blog, The Best Practice Industry is Ignoring.
“Conducting a regular review of payment processes to identify problem areas, diverted procedures, and missed savings seems like a no-brainer for any senior financial executive,” said Dan Berg, Senior Vice President of CPRS. “However, we commonly hear the same challenges expressed: added workload for internal financial teams, fear of judgement by middle management, and negative impacts on vendors and suppliers.”
Because many organizations approach Recovery Audits with trepidation, CPRS provides a side-by-side comparison of the myths and realities of AP Recovery Audits in its new blog. The actual benefits include:
- Stronger Vendor Relationships
- Culture of Continuous Improvement
- Minimal short-term impact on internal teams
“The dollars-and-cents-advantages of using this financial tool quickly become clear. AP Recovery Audits by CPRS, for example, identify nearly $500,000 in overpayments for every $1 billion in expenses, and our Contract Compliance Reviews identify as much as $5 million for every $100 million reviewed,” Berg added. “But the advantages go so much deeper. CPRS goes beyond traditional recovery audits, using proprietary, AI-powered technologies and industry-leading audit expertise to provide customized solutions tailored to your organization’s needs.”
CPRS is expanding the boundaries of Recovery Auditing by integrating AI, Machine Learning, and large language models into its technology stack – delivering smarter, faster, and more impactful results.
Read the CPRS blog for more details on “The Best Practice Industry is Ignoring.”
