An Industry Leading Solution
For over 30 years, SpendMend has been the leading Recovery Audit firm for universities and colleges.
Recovery Audit Features
Duplicate Payments Audit
Proprietary searches and scripts for payment accuracy
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
Identify and recover assets that have gone unclaimed. We help universities 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.