Profectus combats ‘financial erosion’ via invoice errors
Software provider helps the likes of Fonterra, The Warehouse and Smiths City address overcharging and rebate accuracy.
Profectus uses machine learning to detect invoice errors, particularly overcharging.
In this economic climate no business can afford the “financial erosion” that results from being overcharged by suppliers, but that’s exactly what many companies are suffering, according to audit and recovery services provider Profectus Group.
Profectus reckons one in 10 invoices contain an
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