Cost Recovery: Turning Your Accounts Payable Department into a Profit Center

  Cost Recovery

By Richard B. Lanza, CFE, CPA, PMP 




Now every organization can generate cash recoveries, stop profit leaks, move away from control issues, and work toward process improvements with the tools found in Cost Recovery: Turning Your Accounts Payable Department into a Profit Center. This insightful book provides step-by-step guidance for completing a cost-recovery effort of any company’s spending.

Audit technology expert and Certified Fraud Examiner Richard Lanza explains how to utilize free services offered by cost recovery consultants, as well as how to assess risk based your organizations control issues to identify the most likely areas for recovery and process improvements. This book looks at cost recovery from every angle, with in-depth coverage of areas including telecommunications, utilities, healthcare, advertising, media, freight, tax reduction, project fraud and more.

Filled with illustrative case studies, Cost Recovery: Turning Your Accounts Payable Department into a Profit Center is a time-saving road map revealing:

Why every company should consider cost recovery services
How to overcome obstacles to implementation of cost recovery
The opportunities and risks involved in recovery
How the cost recovery market works and which trends affect it
The recovery technology used by firms to focus their testing efforts 


Product Details: 
Copyright 2010
Hardcover, 343 Pages
John Wiley & Sons

Table of Contents:


Chapter 1: Benefits of Recovery Services

Chapter 2: Overcoming Obstacles to Getting Recovery Started

Chapter 3: Assessing Opportunities and Risk

Chapter 4: The Overall Cost Recovery Marketplace

Chapter 5: Accounts Payable and Procurement

Chapter 6: Advertising Agency Audits and Media Reviews

Chapter 7: Audit Firm Benchmarking

Chapter 8: Escheatment (Unclaimed Property)

Chapter 9: Frieght Bill Auditing

Chapter 10: Health Benefits Auditing

Chapter 11: Lease Audits

Chapter 12: Order to Cash Reviews

Chapter 13: Payroll Tax Credits

Chapter 14: Proactive Fraud Audits

Chapter 15: Project Fraud Audits

Chapter 16: Real Estate Cost Segregation

Chapter 17: Research and Development Tax Credits

Chapter 18: Strategic Sourcing

Chapter 19: Telecommunications Auditing

Chapter 20: Travel and Entertainment Reviews

Chapter 21: Utility Reviews

Chapter 22: Selecting a Provider

Chapter 23: Technology Used in Recovery Efforts

Chapter 24: Conclusion

Appendix 1: Additional Publications Related to Business Cost Savings

Appendix 2: Accounts Payable

Appendix 3: Records Retention and Right to Audit

Appendix 4: Discussion Paper Continuous Controls Monitoring with ACL AuditExchange 2009 and Scripted Analytics

Appendix 5: Tapping the Strategic Potential of Procurement