Audit is where we use specialist tools and techniques to identify duplicate and over-payments. We would typically complete the audit remotely by reviewing your last 5 years trading history. Transaction volumes and spend amounts combined with a due diligence questionnaire, are a good indicator as to what we are likely to recover for your organisation. In real terms, the average company would need to generate five million in turnover to achieve one million in profit. ADR Audit works with global companies but has also delivered 6 figure sums for SME's, charities and Universities. These audits include: Duplicate payments, Over-payments, Multiple supplier payments, VAT/TAX, Foreign currency, Missed credits, Incorrect payments and Line item missed discounts. Recent changes in tax legislation over the years, have created a lot of scope for VAT to go unclaimed from the tax authorities. If your organisation is VAT registered and has employees that claim expenses, we would be able to find refunds. We have made many large Tax/VAT recoveries for our clients in the UK, US and Europe, that the incumbent accountancy had over looked and therefore was not recovered. We are able to offer SME's a "Lite" service using our proprietary technology to quickly and effectively identify recoveries. This process can be completed in as little as 5 working days, and we have returned vast amounts of profit to the bottomline of smaller businesses. |
Compliance is not only to ensure that you only paid once for goods and services, but that the price paid was the correct and in accordance with the contract. Recoveries from errors where over-charging has occurred, or the agreed discount was not applied is common place in todays trading relationships. A compliance audit can produce far more recoveries, as it is usual to find that if there is a claim it could result in many over-charges throughout the contract period. We are data specialists and have developed many bespoke reports to monitor agreements such as airline fuel, landing charges, cinema ticketing, communications contracts, and rebates in retail. In compliance we forensically analyse Price x Volume - Discount/Rebate = Contracted amount. The Service Level Agreements (SLA's) are also reviewed to ensure that the terms of the agreement was adhered to, and that the terms of time, delivery and quality were as specified. |
Corporate Intelligence provides investigative services, decision support, and risk analysis to business leaders. Typical products focus upon due diligence, threat and reputational monitoring, travel security and geopolitical & country risk analysis. As well as, screening of executives and new business relationships, asset recovery, strategic market and supply chain analysis. Open Source Intelligence (OSINT) is the collection and analysis of information from public or open sources, that applies the intelligence framework to create products that answer specific questions. This provides critical insights, forecasts and ultimately provides business leaders with decision support. Including: Internet: websites, blogs, forums & social media. Traditional media: online newspapers, magazines, radio & television. Public records: journals, academic papers & thesis. Commercial data: financial records, company registers, satellite imagery & navigation data. Grey literature: patents, business documents, newsletters & ephemera. Our analysts are former military & government intelligence operators with many years of experience as practitioners. |
Energy costs are ever changing and the market is difficult to understand since deregulation. The price movement makes auditing this area very complex and challenging. We have experts in the area of utilities that use historic price information to compare your charges, and ensure you have paid the correct price. We audit your bills for compliance and recover any refunds from suppliers where over-charging has occurred. These audits include DUOS & TUOS, meter readings, unit rate vs usage, availability charges, leakage and disposal charges. Water audits allow us to reclaim trade effluent charges, shared supply, water devices and bespoke anomalies. Recently our clients are finding they have a demand for reviewing telecoms charges, but have limited understanding of how the their telecoms bills are made up. They are continually finding new charge types on their bills. Our reviews in these areas are comprehensive and we include: tariff checking, circuits on/off, price review, correct frequency and radial distances. As well as the master contract, cease orders, surcharges, double billing and VAT. |
Debt is currently a growing concern for companies. Chasing late payments and outstanding debt can be time consuming, counter productive and expensive. Furthermore, experience shows that the longer a debt is overdue the greater the risk of it not being paid, more so in a foreign market. Current market conditions means that companies are more reluctant and less able to settle invoices quickly. We are able to track down assets and chase debts in more than 100 countries worldwide. We offer collections in whichever international market you are in, with people who speak the language and understand local market and legal requirements. This can be a powerful resource when coupled with our corporate intelligence service, and gives us the ability to provide peace of mind to your business when debt is outstanding. Our recovery rate on outstanding debt is over 90% including previously written off debt. As an addition we can provide credit reports, asset disposal, sovereign debt, dispute resolution and international tracing. |