For over 33 years, JPD Financial has been the industry leader with Vendor Credit Recovery. Effectively, JPD is a Business Process Outsourcing firm that acts as an extension of our clients existing teams bringing a systematic, disciplined approach to help our clients identify unrealized credits due back to them. The program has no software requirements and is managed offsite so not to disrupt the business outlines. The program is designed so that our clients can recognize benefits with minimal investment of time and resources. We provide both Vendor Credit Recovery and computer based AP auditing which maximises the potential recoveries for our clients. In addition to this we also give detailed analysis and ongoing process improvement recommendations to help you reduce future errors.
Our unique Vendor Credit Recovery service means that we increase the money we find for you by working with your suppliers to research credits, overpayments and misapplied or duplicate payments that appear on their receivable records; but may not appear in your payables system or on the standard statements your company receives. Hence, we find money that would not be picked up by traditional AP audit companies, resulting in a greater amount of money going to the bottom-line.
With offices located in the US and Europe we can accommodate the needs of multi-national organisations; particularly those that have shared service centre operations. JPD works on a contingency basis, there are no upfront fees and minimal requirement for involvement from our clients as all day-to-day activities are carried out by us at our premises.
In this economic climate where cost cutting is a necessity, many of our clients have selected us to supplement the service provided by their existing AP auditors to maximise their potential for cost saving and reducing processing errors.