Recovering financial leakage and mitigating risks throughout the procure-to-pay lifecycle for diverse organizations
Recovering financial leakage and mitigating risks throughout the procure-to-pay lifecycle for diverse organizations
Receiving optimal value from suppliers, merchants and vendors along the procure-to-pay continuum is fraught with risk. Cotiviti works with Fortune 1000 companies ranging from the world’s largest omnichannel retailers to global manufacturers to media and technology companies. We recover lost margin for our clients by auditing accounts payable and identifying contract non-compliance related to indirect spending on goods and services. We also identify root cause issues and vulnerabilities in contractual agreements to help our clients mitigate future risk.
Cotiviti audits purchases and payments related to merchandise inventories. We develop and prioritize an audit program to ensure value negotiated is value delivered, recommending actionable process improvements that help our clients streamline business processes and mitigate financial loss from overpayments and under-deductions.
Retail segments we serve
Cotiviti is an industry leader in strategic sourcing solutions for Fortune 1000 companies. Our team delivers comprehensive accounts payable recovery auditing and contract compliance auditing tied to areas of indirect spend such as information technology (IT), business process outsourcing, facilities maintenance, and waste management. We serve a diverse assortment of industries from manufacturing to energy to hospitality and entertainment.