Through InsideTrack, invoices are electronically audited in real time for compliance. Pricing errors are identified by comparing invoiced prices to:
- pricing agreements
- contract costs + markup/margin/fee per case
- purchase order prices
- fixed prices/bids
- other unique pricing scenarios
Through digital reports to distributors, credits and price corrections are quickly resolved to fully maximize the value of all negotiated contracts. Overcharges are verified with the distributor, and the agreed overcharges are then credited to the customer.
With Electronic Invoice Auditing by Buyers Edge, overcharges decrease over time, improving operational efficiency, reducing costs and ensuring future compliance.