Accounts Payable Recovery Audit

Tender description

Norfolk County Council is seeking to purchase specialised Accounts Payable recovery audit services that will identify overpayments in its Accounts Payable function and seek to recover overpayments. Accounts Payable transactions in scope are those from April 2011. Additionally, the Council wishes to identify where improvements can be made to its business processes to reduce overpayments in the future. The Accounts Payable recovery audit will: — Identify overpayments made within the Councils Accounts Payable function; — Validate with the Council the overpayments identified and seek approval to pursue those overpayments prior to doing so; — Recover overpayments approved by the Council for recovery; — Identify areas of improvement in the Accounts Payable function to reduce the number of erroneous payments in the future. The contract is based on a no win, no fee percentage payment model, details of which are contained in the Invitation to Tender and associated documents.