Bellevue, WA (July 2025) – With tariff fluctuations becoming the new normal, businesses are struggling to keep up with all the implications. Corporate finance and supply chain teams are especially impacted, with tariffs creating ambiguity around costs, complicating supplier invoices, and requiring deeper reconciliation between contracts, purchase orders, and invoices.
With more than 30 years’ experience helping Fortune 500 companies manage cost uncertainty, cost-recovery leader CPRS has unveiled a checklist for corporate finance teams: Tackling Tariffs: 3 Hidden Risk Areas to Review When Trade Policy Shifts.
“Companies serving a worldwide market are especially challenged by tariffs,” said Dan Berg, Senior Vice President of CPRS. “The retaliatory nature of current tariffs is truly generating global complications. But it boils down to a cost-management problem. Because tariffs create cost fluctuations, companies need increased scrutiny of their financial processes.”
Solutions for Finance Teams
Tariffs create cost uncertainty for consumers and businesses, notes the Associated Press in a recent article. “Volley after volley of new tariffs… have plunged the country into trade wars abroad,” says the global news organization. When trade policy shifts, companies need to eliminate cost ambiguity in their payments.
“AP Recovery Audits improve complex sourcing-to-payment processes and the financial health of any organization by recovering and preventing overpaid funds and identifying underpaid incentives, billing errors, fraud, or other factors,” Berg said. “Our proprietary, cutting-edge solutions address the ever-changing nature of B2B contracts and transactions.”
Companies threatened by tariffs also need to review contract language and associated invoicing to ensure all accounts are paid according to contract language.
The CPRS Contract Compliance Team helps large companies interpret and test governing agreements against high-volume, complex invoicing, targeting key areas like labor, equipment, materials, subcontracts, and travel. By comparing contracts to actual billing and payments, CPRS uncovers and corrects discrepancies.
Using Technology to Combat Tariff Trauma
“Technology and data analytics can play a vital role in navigating tariff changes, providing CFOs with the tools and insights necessary to make informed decisions and mitigate potential risks,” says Bruno Navarro in his Workday blog, “Navigating Tariffs: Everything a CFO Needs to Know.” With its AI-driven Pearl™ proprietary software, CPRS offers an end-to-end solution that manages data ingestion, invoice review, claims creation, and reporting.
“CPRS Recovery Audit and Contract Compliance teams are finding errors in lump sum and T&M contracts, even with today’s sophisticated ERP software,” Berg concluded. “In early 2025, for example, CPRS found an overbilling in a lump sum contract that equaled nearly 20 percent of the original PO value. It’s this type of increased financial scrutiny that can help ease tariff-induced cost fluctuations.”
Read the CPRS blog for more details on tackling tariffs and to download the checklist: “Tackling Tariffs: 3 Hidden Risk Areas to Review When Trade Policy Shifts.”
