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Welcome back! Here's your procurement audit overview.

Invoices Processed

12,847

12% from last month

Savings Identified

$847,650

53.9% from last month

Savings Recovered

$612,340

72.2% recovery rate

Flagged Invoices

342

89 duplicates, 156 contract issues

Processing Speed

3.2s

Average per invoice

Detection Accuracy

97.8%

False positive rate <10%

ROI This Quarter

12.4x

Return on investment

Savings Trend

Monthly savings identified and recovered

Aug 2024$105,800

Recovered: $78,900Pending: $26,900

Sep 2024$134,500

Recovered: $102,300Pending: $32,200

Oct 2024$156,200

Recovered: $118,500Pending: $37,700

Nov 2024$240,350

Recovered: $150,800Pending: $89,550

Recent Activity

Latest audit events and alerts

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High-Risk Invoice Flagged

INV-2024-00847 from GlobalFreight Logistics flagged for freight overcharge

$3,552

377d ago

Potential Duplicate Detected

INV-2024-00848 may be duplicate of INV-2024-00832

$8,934

377d ago

Savings Recovered

Credit memo received from TechParts International for pricing error

$4,500

377d ago

Contract Violation Alert

Atlas Raw Materials Corp steel pricing 8.5% above contract

$14,000

378d ago

Invoice Auto-Approved

INV-2024-00852 from Summit Office Solutions passed all checks

$4,533

378d ago

Duplicate Invoice Refund

Quick Ship Express issued refund for duplicate billing

$2,345

379d ago

Invoices Requiring Review

3 invoices flagged for potential issues

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INV-2024-00847

GlobalFreight Logistics

$24,568

freight overchargeprice variance

INV-2024-00848

Quick Ship Express

$8,934

duplicateanomaly

INV-2024-00851

Atlas Raw Materials Corp

$287,654

contract violationprice variance

High Risk Vendors

2 vendors with elevated risk scores

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GlobalFreight Logistics

Shipping & Freight

Risk Score:67

18.5% error rate

Quick Ship Express

Shipping & Freight

Risk Score:82

24.3% error rate