Recover missed payments and overcharges across your AP history. Our audit process is tailored to the unique vendor structures and purchasing patterns of Medical Manfacturers.
An Industry Leading Solution
Every year, organizations lose millions of dollars due to dark data and financial leakage in the procure-to-pay process. But these losses do not need to be permanent.
For over 30 years, SpendMend has been the leading Recovery Audit firm for organizations.
Recovery Audit Features
Duplicate Payments Audit
Contract Compliance
Price-change monitoring to ensure contract terms are upheld
Online Portal
Real-time insight and visibility into results and reports
Reporting & Analysis
Clear reports find issues and help improve performance
Statement Audit
Automated outreach and OCR to maximize credits
Offsite & Efficient
Offsite workforce will not require system resources
Recovery Audit Benefits
Industry Leading Recovery
Recover $1.4 million for every $1 billion in annual spend
Improved Processes
Experience steep and sustained process improvements
Visibility & Insight
Gain in-depth Root-Cause Analysis for all claims
Future Loss Prevention
Enjoy a 59% rate-of-error reduction within 2 years
Time Savings
Reduce resource drain with SpendMend’s recommendations
Negotiating Leverage
Negotiate favorable terms by leveraging audit insights
Beyond Recovery Auditing
SpendMend goes beyond standard recovery auditing by offering complementary financial recovery services to help your organization capture every dollar they are owed.
Identify and recover assets that have gone unclaimed. We help medical manfacturers comply with escheatment laws while reclaiming funds owed from vendors and agencies.
We help institutions pursue and collect eligible government-issued funds tied to education grants, pandemic relief, and other programs—often overlooked due to complexity or lack of visibility.
Ensure vendors follow through on pricing and service terms. Our reviews uncover errors, enforce accountability, and improve cost control across key contracted services.
Your Mission is Our Mission
At SpendMend, we strive to help organizations through the delivery of innovative cost savings solutions, insightful transaction analysis, and improved visibility across business relationships.