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Payables Consulting Services, Inc'

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Title: Payables Consulting Services, Inc'


1

Payables Consulting Services, Inc.
A Leading Provider of Contingency Accounts
Payable Review Services Is Pleased To Present
To
VALUED CLIENTS
2
Accounts payable systems and people are not
perfect.
Recent technological advances and A/P software
development have improved the accuracy in the
payables process. Still accuracy goals are
hampered by employee turnover, acquisitions, new
software installations, and vendor error.
Payables Consulting Services, Inc
3
Accounts payable systems and people are not
perfect.
Recent technological advances and A/P software
development have improved the accuracy in the
payables process. Still accuracy goals are
hampered by employee turnover, acquisitions, new
software installations, and vendor error. Our
experienced Auditor Professionals find
discrepancies that have occurred by searching
through your closed accounts payable records and
by using the latest in research and recovery
software.
Payables Consulting Services, Inc
4
Our Service
We search your accounts payable records looking
for discrepancies in the following areas
Duplicate payments Use Tax Wrong Vendor Paid Open
Credits Freight Extension/Math Errors Federal
Excise Tax
Payables Consulting Services, Inc
5
Our Service
We search your accounts payable records looking
for discrepancies in the following areas
Duplicate payments Use Tax Wrong Vendor Paid Open
Credits Freight Extension/Math Errors Federal
Excise Tax
Sales Tax Missed Discounts Pricing
Errors Returned Goods Overpayments Credit Paid in
Error State Fuels Tax
Payables Consulting Services, Inc
6
Our Service
We search your accounts payable records looking
for discrepancies in the following areas
Duplicate payments Use Tax Wrong Vendor Paid Open
Credits Freight Extension/Math Errors Federal
Excise Tax
Sales Tax Missed Discounts Pricing
Errors Returned Goods Overpayments Credit Paid in
Error State Fuels Tax
Merchandise Shortage Advertising
Co-op Anticipation Defective Goods Volume
Rebates Warranty Credits Escalation
Payables Consulting Services, Inc
7
Our Service Is Invisible To Your Day-to-Day
Operations
We work independently and do not require your
staffs time.
Payables Consulting Services, Inc
8
Our Service Is Invisible To Your Day-to-Day
Operations
We work independently and do not require your
staffs time. We realize your staff already has
full time responsibilities, so we verify all
discrepancies to your vendors and collect all
recovered monies in your companys name.
Payables Consulting Services, Inc
9
Our Fee
We work strictly on a contingency basis.
Payables Consulting Services, Inc
10
Our Fee
We work strictly on a contingency basis. There
is absolutely no fee for our services unless we
recover money for your firm. Our fee is based on
a percentage of real dollars recovered. You are
not invoiced until you realize the economic
benefit of the recovery.
Payables Consulting Services, Inc
11
Your Investment In The Engagement
A file extract of your Accounts Payable history.
PCS is expert in the extraction of your archived
data. We are able to conduct a review of your
payables without these files, but it speeds up
the process.
Payables Consulting Services, Inc
12
Your Investment In The Engagement
A file extract of your Accounts Payable history.
PCS is expert in the extraction of your archived
data. We are able to conduct a review of your
payables without these files, but it speeds up
the process. Access to your Accounts Payable
database on a read-only part-time basis in order
to look up discrepancies on your system.
Payables Consulting Services, Inc
13
Your Investment In The Engagement
A file extract of your Accounts Payable history.
PCS is expert in the extraction of your archived
data. We are able to conduct a review of your
payables without these files, but it speeds up
the process. Access to your Accounts Payable
database on a read-only part-time basis in order
to look up discrepancies on your system. Access
to your archived payables records as well as
purchase orders, leases, contracts and other
related documents.
Payables Consulting Services, Inc
14
Your Investment In The Engagement
A modest place to work as most clients prefer to
have us review the records on site.
Payables Consulting Services, Inc
15
Your Investment In The Engagement
A modest place to work as most clients prefer to
have us review the records on site. Access to
phone with voice mail, fax machine, and copier,
if possible.
Payables Consulting Services, Inc
16
Your Time Investment In The Assignment
A 30 minute start-up meeting to review your
systems and procedures.
Payables Consulting Services, Inc
17
Your Time Investment In The Assignment
A 30 minute start-up meeting to review your
systems and procedures. A tour of your plant or
facility to familiarize us with your operations.
Payables Consulting Services, Inc
18
Your Time Investment In The Assignment
A 30 minute start-up meeting to review your
systems and procedures. A tour of your plant or
facility to familiarize us with your
operations. A list of names and phone numbers of
people in your organization with whom we may
liaison for information (i.e., engineering, tax,
purchasing, IT etc.)
Payables Consulting Services, Inc
19
Your Time Investment In The Assignment
A 30 minute start-up meeting to review your
systems and procedures. A tour of your plant or
facility to familiarize us with your
operations. A list of names and phone numbers of
people in your organization with whom we may
liaison for information (i.e., engineering, tax,
purchasing, IT etc.) A 20 minute bi-weekly
meeting with a designated representative of your
organization for update reports on our progress.
Payables Consulting Services, Inc
20
The Results You Can Expect
The Recovery of your Lost Profits!
Payables Consulting Services, Inc
21
The Results You Can Expect
The Recovery of your Lost Profits! An Executive
Summary Report detailing all finds and recoveries
by category, vendor, and dollar amount. The
report will provide suggestions on how to
eliminate future problems.
Payables Consulting Services, Inc
22
The Results You Can Expect
The Recovery of your Lost Profits! An Executive
Summary Report detailing all finds and recoveries
by category, vendor, and dollar amount. The
report will provide suggestions on how to
eliminate future problems. A coaching
opportunity for your staff that will provide
specific vendor examples, spotlight common
misinterpretations, and best practices uncovered
during your PCS review.
Payables Consulting Services, Inc
23
The Results You Can Expect
The Recovery of your Lost Profits! An Executive
Summary Report detailing all finds and recoveries
by category, vendor, and dollar amount. The
report will provide suggestions on how to
eliminate future problems. A coaching
opportunity for your staff that will provide
specific vendor examples, spotlight common
misinterpretations, and best practices uncovered
during your PCS review. A proprietary management
report with discussion and analysis based on the
data provided for the audit.
Payables Consulting Services, Inc
24
Types of Recoveries

Payables Consulting Services, Inc
25
PCS Will Provide You The Most Comprehensive
Review Available
We not only look at 100 of your electronic
transactions
Payables Consulting Services, Inc
26
PCS Will Provide You The Most Comprehensive
Review Available
We not only look at 100 of your electronic
transactions We also review source documents,
Payables Consulting Services, Inc
27
PCS Will Provide You The Most Comprehensive
Review Available
We not only look at 100 of your electronic
transactions We also review source documents,
receiving and shipping documents,
Payables Consulting Services, Inc
28
PCS Will Provide You The Most Comprehensive
Review Available
We not only look at 100 of your electronic
transactions We also review source documents,
receiving and shipping documents, master
contracts,
Payables Consulting Services, Inc
29
PCS Will Provide You The Most Comprehensive
Review Available
We not only look at 100 of your electronic
transactions We also review source documents,
receiving and shipping documents, master
contracts, and purchase orders,
Payables Consulting Services, Inc
30
PCS Will Provide You The Most Comprehensive
Review Available
We not only look at 100 of your electronic
transactions We also review source documents,
receiving and shipping documents, master
contracts, and purchase orders, construction
projects,
Payables Consulting Services, Inc
31
PCS Will Provide You The Most Comprehensive
Review Available
We not only look at 100 of your electronic
transactions We also review source documents,
receiving and shipping documents, master
contracts, and purchase orders, construction
projects, and everything impacting your unique
business processes.
Payables Consulting Services, Inc
32
Consider This Comparison Of Electronic vs.
Comprehensive Audit

Payables Consulting Services, Inc
33
Consider This Comparison Of Electronic vs.
Comprehensive Audit

Some Firms Really Only Conduct Electronic Data
Audits,
Variance Types
And Look At Statements
Duplicate Billing Duplicate Payment Discounts Wron
g Vendor Credits Paid Credits Due Open
Credits Credit Memo
Payables Consulting Services, Inc
34
Consider This Comparison Of Electronic vs.
Comprehensive Audit
Variance Types Sales Tax Use Tax Price
Offs Deposits Overpayments Rebates Returns Miscell
aneous Duplicate Billing Duplicate
Payment Discounts Wrong Vendor Credits
Paid Credits Due Open Credits Credit Memo
PCS Provides A More Thorough Review

Payables Consulting Services, Inc
35
Consider This Comparison Of Electronic vs.
Comprehensive Audit
Variance Types Sales Tax Use Tax Price
Offs Deposits Overpayments Rebates Returns Miscell
aneous Duplicate Billing Duplicate
Payment Discounts Wrong Vendor Credits
Paid Credits Due Open Credits Credit Memo
PCS Provides A More Thorough Review

We Find Up To Seven Times As Many Dollars
Utilizing Our Comprehensive Audit Methodology
Payables Consulting Services, Inc
36
Reasons To Use Payables Consulting Services, Inc
  • Our experienced professionals have at least 15
    years of corporate and business financial
    experience

Payables Consulting Services, Inc
37
Reasons To Use Payables Consulting Services, Inc
  • Our experienced professionals have at least 15
    years of corporate and business financial
    experience
  • We are experts in sales and use tax

Payables Consulting Services, Inc
38
Reasons To Use Payables Consulting Services, Inc
  • Our experienced professionals have at least 15
    years of corporate and business financial
    experience
  • We are experts in sales and use tax
  • We work independently and dont disturb your
    normal work routine

Payables Consulting Services, Inc
39
Reasons To Use Payables Consulting Services, Inc
  • Our experienced professionals have at least 15
    years of corporate and business financial
    experience
  • We are experts in sales and use tax
  • We work independently and dont disturb your
    normal work routine
  • We are sensitive to your important vendor
    relationships

Payables Consulting Services, Inc
40
Reasons To Use Payables Consulting Services, Inc
  • Our experienced professionals have at least 15
    years of corporate and business financial
    experience
  • We are experts in sales and use tax
  • We work independently and dont disturb your
    normal work routine
  • We are sensitive to your important vendor
    relationships
  • PCS adheres to your company rules and
    regulations

Payables Consulting Services, Inc
41
Reasons To Use Payables Consulting Services, Inc
  • Our experienced professionals have at least 15
    years of corporate and business financial
    experience
  • We are experts in sales and use tax
  • We work independently and dont disturb your
    normal work routine
  • We are sensitive to your important vendor
    relationships
  • PCS adheres to your company rules and
    regulations
  • PCS Professionals are trained to sense where
    the dollars are located, document and recover
    them

Payables Consulting Services, Inc
42
Reasons To Use Payables Consulting Services, Inc
  • Our experienced professionals have at least 15
    years of corporate and business financial
    experience
  • We are experts in sales and use tax
  • We work independently and dont disturb your
    normal work routine
  • We are sensitive to your important vendor
    relationships
  • PCS adheres to your company rules and
    regulations
  • PCS Professionals are trained to sense where
    the dollars are located, document and recover
    them
  • PCS has performed audits of most industries and
    accounting systems

Payables Consulting Services, Inc
43
Reasons To Use Payables Consulting Services, Inc
  • Our experienced professionals have at least 15
    years of corporate and business financial
    experience
  • We are experts in sales and use tax
  • We work independently and dont disturb your
    normal work routine
  • We are sensitive to your important vendor
    relationships
  • PCS adheres to your company rules and
    regulations
  • PCS Professionals are trained to sense where
    the dollars are located, document and recover
    them
  • PCS has performed audits of most industries and
    accounting systems
  • Our Professionals are commissioned which
    motivates them to work quickly and efficiently

Payables Consulting Services, Inc
44
Why Choose Payables Consulting Services, Inc?
Nationwide Capability. Local Expertise.
Payables Consulting Services, Inc
45
Why Choose Payables Consulting Services, Inc?
Nationwide Capability. Local Expertise. 95 Of
Our Clients Continue To Use Our Services.
Payables Consulting Services, Inc
46
Why Choose Payables Consulting Services, Inc?
Nationwide Capability. Local Expertise. 95 Of
Our Clients Continue To Use Our
Services. Balanced Approach of Electronic and
Forensic Auditing.
Payables Consulting Services, Inc
47
Why Choose Payables Consulting Services, Inc?
Nationwide Capability. Local Expertise. 95 Of
Our Clients Continue To Use Our
Services. Balanced Approach of Electronic and
Forensic Auditing. We Recognize Our Greatest
Value Is The Transfer Of Knowledge.
Payables Consulting Services, Inc
48
Why Choose Payables Consulting Services, Inc?
Nationwide Capability. Local Expertise. 95 Of
Our Clients Continue To Use Our
Services. Balanced Approach of Electronic and
Forensic Auditing. We Recognize Our Greatest
Value Is The Transfer Of Knowledge. Cross-entity
Audit Capability.
Payables Consulting Services, Inc
49
Why Choose Payables Consulting Services, Inc?
Nationwide Capability. Local Expertise. 95 Of
Our Clients Continue To Use Our
Services. Balanced Approach of Electronic and
Forensic Auditing. We Recognize Our Greatest
Value Is The Transfer Of Knowledge. Cross-entity
Audit Capability. Coaching. Ongoing
Support.
Payables Consulting Services, Inc
50
Why Choose Payables Consulting Services, Inc?
Nationwide Capability. Local Expertise. 95 Of
Our Clients Continue To Use Our
Services. Balanced Approach of Electronic and
Forensic Auditing. We Recognize Our Greatest
Value Is The Transfer Of Knowledge. Cross-entity
Audit Capability. Coaching. Ongoing
Support. Professionalism and Technical
Competence.
Payables Consulting Services, Inc
51
Why Choose Payables Consulting Services, Inc?
Nationwide Capability. Local Expertise. 95 Of
Our Clients Continue To Use Our
Services. Balanced Approach of Electronic and
Forensic Auditing. We Recognize Our Greatest
Value Is The Transfer Of Knowledge. Cross-entity
Audit Capability. Coaching. Ongoing
Support. Professionalism and Technical
Competence. Our Auditors Go Where The Records
Are Located.
Payables Consulting Services, Inc
52
Why Choose Payables Consulting Services, Inc?
Nationwide Capability. Local Expertise. 95 Of
Our Clients Continue To Use Our
Services. Balanced Approach of Electronic and
Forensic Auditing. We Recognize Our Greatest
Value Is The Transfer Of Knowledge. Cross-entity
Audit Capability. Coaching. Ongoing
Support. Professionalism and Technical
Competence. Our Auditors Go Where The Records
Are Located. Our Recoveries Rank At The Top Of
Our Industry.
Payables Consulting Services, Inc
53
Why Choose Payables Consulting Services, Inc?
Nationwide Capability. Local Expertise. 95 Of
Our Clients Continue To Use Our
Services. Balanced Approach of Electronic and
Forensic Auditing. We Recognize Our Greatest
Value Is The Transfer Of Knowledge. Cross-entity
Audit Capability. Coaching. Ongoing
Support. Professionalism and Technical
Competence. Our Auditors Go Where The Records
Are Located. Our Recoveries Rank At The Top Of
Our Industry. We Agree To Pay All Direct Audit
Costs.
Payables Consulting Services, Inc
54
A Few of Our Clients
Manufacturing Hallmark Samsonite Hunter
Douglas Chart Industries Metal West Woodward
Aircraft Ranger Boats Stanley Aviation
Oil, Gas, Mining Barrett Resources Forest
Oil Gary Williams Energy Pure Resources MarkWest
Hydrocarbon Tom Brown Stone Energy
TransMontaigne Prima Energy Patina Oil
Gas Williams Production EOG Resources Newmont
Mining
Services First Data Corp. Firemans Fund
Insurance Information Handling Services Great
West Life Insurance
Payables Consulting Services, Inc
55
A Few of Our Clients
Healthcare PacifiCare Kaiser Permanente First
Health Corporation NCS HealthCare
Manufacturing/High Tech Medtronics St Jude
Medical Atmel Corporation Exabyte CoorsTek
Retail/Wholesale Shamrock Foods Boston Chicken,
Inc. Noah/Einstein Bagels Denver
Post EAS Charlotte Russe Rock Bottom Brewrey
Government Agencies Metropolitian Water Dst. RTD
Clark County NV Telecommunications Qwest
Communications ICG Communications Williams Group
Payables Consulting Services, Inc
56
Additional Services Feasibility Analysis
PCS can provide comprehensive analysis of
additional recovery specialties in order to
evaluate the feasibility of
IT Outsourcing Solutions Accounting Outsourcing
Solutions Freight and Logistic Audits Property
Tax Audits Tax Strategic Planning Telecommunicatio
ns Audits Lease Compliance and CAM
Audits Self-Funded Health Care Audits
Payables Consulting Services, Inc
57
How to Contact Us To Obtain More Information
Payables Consulting Services, Inc. 10390
Bradford Road Suite 120 Littleton, CO
80127 Phone 303-697-9454 Fax
303-697-9413 mbowman_at_payablesdenver.com
Payables Consulting Services, Inc
58
Thank You For Your Interest In Payables
Consulting Services, Inc.
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