APerium… your finances explored
APerium is an innovative consulting firm focused on Accounts Payable Auditing. Every year companies make errors in the processing of invoices which are never discovered. APerium was founded to uncover and provide insight to these lost money flows with its unique services. The knowledge we deliver offers a unique opportunity to discover the bottlenecks in your company’s processes, and to implement the proposed improvement initiatives.
Accounts Payable Analysis
Based on the submitted Accounting datasets and the results of the in house developed software, APerium performs an Accounts Payable analysis. Regardless of the ERP package, APerium looks at the billing and payment data and looks for anomalies that were undiscovered. After a successful identification and verification, the lost amounts are recovered on the bank account of our customer. The in-house developed software gives APerium the flexibility to carry out each project according to the specific needs and desires of the customer.
Your suppliers are a valuable partner in your organization. But how well do you know your suppliers? Is all your supplier data in the ERP system up to date and correct? APerium offers you new insights from a neutral point of view, which can help you optimizing day-to-day business with your partners.
The master vendor data from your accounting software is the foundation for your enterprise processes. Incomplete or incorrect master vendor data is a well known and important cause of errors. As a result of the Accounts Payable Audit, APerium will provide you the opportunity for suggested completions and corrections to the master vendor data, for the benefit of the quality of your activities.
Unclaimed Property Analyse
Does (did) your company have branches or subsidiary companies in the United States? APerium can carry out an Unclaimed Property research and recover all sleeping amounts under custody of the government but that are property of your company.
Ghost Notes, false invoices, claims for non-existing services, the total economic damage is estimated at 800 million to 1 billion in the European Union, according to a report that ‘De Morgen’ and ‘Le Soir’ could look into. APerium helps you to uncover these transactions and to take preventive measures.
Each process has a margin of error?
In any given business process, with a total annual value € 100 million, an average error rate of 0.1% represents a direct negative impact on your operating profit of € 100,000.
Up to 1 billion per year loss made by phantom invoices?
Ghost notes and counterfeit bills cost the economy in the Benelux each year between 800 million and 1 billion euros. The average loss per company is not less than 5000 euro. (source: Trends October 1, 2013)
Cash Flow Improvement
The recovery of undue payments is possible “found cash” and immediately adds to the net operating income. The supplied information provides the ideal basis for optimization of cash flow in the long term.
In order to improve a process, it is important to measure where improvements are to be applied, instead of relying on vague assumptions. The strategic information that APerium provides you, is the ideal basis for the implementation of Best Practices to provide a permanent improvement in your Purchasing and Accounting Processes.
No Cure, No Pay
The full service APerium is based on a no cure, no pay principle. Our efforts are rewarded only when an effective outcome is achieved.
Why wouldn‘t you do it?
Even in the case when no overpayments are recovered, APerium delivers new insights and transparency on the cooperation with your suppliers. This way, you can focus on your relationship and future cooperation based on concrete facts.