On demand · 8 minutes
Detect Hidden Vendor Payment Leakage Fast
Learn how to surface hidden vendor-payment anomalies quickly and connect payment behaviour back to commercial context.
James Campbell-Burns & Cooper Barnard-Brown
Watch webinar →On demand · 11 minutes
Identifying and Preventing Contract Leakage in AP
See how contract terms, supplier invoices and accounts-payable processes drift apart—and how finance teams can identify and prevent the resulting leakage.
What this session covers
- Why procurement and finance systems drift apart
- Why PO matching doesn't prove contract compliance
- Checking invoice lines against active agreements before payment
Key findings
- Industry benchmarks estimate contract leakage at 2–5% of supplier spend each year.
- Purchase-order matching is not the same as master-contract compliance.
- Invoice line items should be checked continuously against active agreements.
- Pricing variances can be surfaced and stopped before payment.
Summary
Angelina speaks with Miles about continuously verifying invoices against negotiated contract terms. The session explains how procurement and finance operating in separate systems can lead to invoices being approved against purchase orders rather than the master contract, and why traditional three-way matching does not prove contract compliance. It demonstrates how RedOwl extracts invoice line items, cross-references active master service agreements, flags pricing variances and stops overcharges before payment.
Speakers
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Jock McLennan & Joash Amarasigham
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RedOwl connects agreements, operational activity, billing, costs and payments to stop margin leakage before money moves.