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Accounts Payable

Accounts Payable departments operate in a complex environment with both internal and external factors impacting their performance. AMS-PAR recognizes that each client has distinct needs and varying capabilities to support a post-payment transaction analysis. In spite of these differences, one overriding factor is constant: today’s business demands that all assets perform at their maximum efficiency, and the A/P Department is no exception.

AMS-PAR can provide the client with a comprehensive examination of the A/P function. This detailed look will recover revenues lost to vendor overpayments, mispayments, and contractual misinterpretations. AMS-PAR’s experienced team will also analyze the root causes of these inaccurate payments and give substantive recommendations regarding process and procedural improvements, which can prevent the recurrence of these errors. AMS-PAR will help ensure your payable processes are functioning at peak efficiency.

We will provide written and electronic reporting data to support our analysis. Your report will detail each discrepancy, its root cause, the vendor’s recognition of overpayment, and recommended actions for preventing future discrepancies.

Your AMS-PAR team will review all areas where inaccuracies can occur in their search for discrepancies. These areas include:
  • Vendor master file
  • Purchasing
  • Receiving
  • Returns
  • Capital expenditures
  • Tax and regulatory issues
  • Contracts
  • Internal controls


Technology

AMS-PAR uses the latest in technology enabling our staff and partners to execute their tasks with the most efficiency possible. Our Information Systems and data are secured to meet governmental requirements. Recent changes to our technology stack includes virtualization of our servers and storage.

Staff

AMS-PAR professionals are among the most experienced in the business with an average of 25+ years in related fields. Each consultant has strong analytical skills and industry expertise. We seek out and retain those with demonstrated expertise and skills.

Our Difference

All potential service providers offer widely differing levels of scope and review intensity. At AMS-PAR we offer our clients a higher level of assurance through proper planning, execution, and reporting. We believe that the client is best served by customizing our review to meet its unique and distinct needs.

Clients

AMS-PAR services the needs of a diverse client base ranging from small independent firms to international conglomerates. Our well trained teams travel the globe to ensure our client’s interests are protected.