NA/PA audits yield detailed recovery activities reports which identify specific deficiencies and other risk areas with recommendations for immediate corrective action. Our proprietary reporting tools provide vital performance analysis of communications and controls between purchasing, receiving and payables process functions. We play a critical role in supporting higher standards of corporate governance and more effective risk management within organizations in compliance with Section 404 of the Sarbanes-Oxley Act.

NA/PA means Absolute Control

NA/PA has always worked in good faith by placing complete control of all of audit parameters in the hands of our clients. At the onset of each assignment all relevant procedures, policies and exceptions are established and authorized recoveries areas are documented and approved by management. As the scope of recoveries expand and additional areas of profit loss are discovered these documented findings are immediately conveyed to management via standardized action reports for authorization prior to any further actions.

NA/PA produces fully documented debits that conform to recognized articles of the Uniform Commercial Code, Generally Accepted Accounting Practices and recognized Standards of the Industry.

SAP systems

SAP systems have significantly altered A/P invoice processing capabilities and environments, making it almost impossible to review payables compliance and performance using traditional methods. This has created many new challenges for managers, auditors and staff seeking more detailed historical payment information from FI-AP or MM-AP module activity.

In properly configured systems NA/PA has detected profit loss exposures and recoveries opportunities in discounts, duplicate payments and payments made to vendors in error which SAP’s duplicate-invoice checking mechanism cannot detect or prevent.
In systems that are not configured properly or that experience default performance risks we find all traditional areas of overpayment.

In addition to recoveries services NA/PA can suggest methods and procedures to improve SAP payables control and efficiencies, significantly reducing ‘blocked’ transactions that cause late payments and missed discounts, as well as addressing vendor master file security concerns.

NA/PA Report tools

Our CMS module was designed to manage all audit recoveries activities and to produce a wide range of management report functions which may be utilized on demand. We provide detailed analysis, examples, comments and recommendations for all identified and potential loss areas in meaningful management reports delivered at various stages of the review process.

Monthly report formats are flexible with output parameters determined by management for each review period. CMS produces highly detailed statistical recoveries reports by location, amount, supplier, claim reason, ageing and collection status, and a host of additional relevant formats that reveal specific hidden means of profit loss.

Executive Summary reports examine all documented findings, identify causes of each specific loss category and provide detailed statistical and graphic recoveries analysis with procedure and policy recommendations to reach desired compliance levels and to stop future overpayments.