Recovery audit
A retrospective review that finds and recovers overpayments.
Definition
A recovery audit (also called an AP recovery audit) is a retrospective examination of accounts payable transactions — typically covering one to three years — to identify overpayments such as duplicate payments, unclaimed credits and pricing errors, and to recover the money from vendors. Firms like apexanalytix and PRGX traditionally perform these as services.
Why it matters
Recovery audits recover real cash, but they happen after the money has left, charge contingency fees, and repeat every year because the underlying causes are not fixed.
How SpanFin helps
SpanFin brings the same detection in-house and before payment: upload a payments or invoices CSV and get evidence-backed findings in minutes, so issues are fixed before cash leaves rather than recovered afterwards.
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