Purchase-to-Payment Audit Report

This Purchase-to-Payment Audit Report provides a practical toolkit for reviewing purchasing, receiving, accounts payable, vendor data, payments and corporate-card controls. It helps combine reusable procedures, analytics, process maps, findings, recommendations, best-practice comparisons, maturity assessments and management action plans. Four samples are included in this tool: Sample 1 covers vendor-master analysis, cleansing, forensic testing, duplicate vendors and payments, employee-to-vendor comparisons, payment terms, purchasing, accounts payable, cards, and best practices. Sample 2 covers purchasing and AP testing, duplicate payments, invoice authorization, vouchering, payment timing, spend analysis, and card monitoring. Sample 3 covers a LEAN procure-to-payment review, process maps, analytics, maturity and improvement road maps. Sample 4 covers expenditure weaknesses, manual invoices, approvals, vendor management, procurement, contracting, automation, future-state design and implementation timing.

Key Features:

• Vendor and fraud analytics address duplicate vendors, duplicate payments, employee-to-vendor matches, unusual invoices and segregation-of-duties conflicts
• End-to-end process documentation covers purchasing, receiving, invoice processing, payment runs, vendor setup and invoice exceptions
• Action-oriented recommendations to connect findings with business impact, priorities, owners, due dates, automation opportunities and maturity improvements