How we are different from the rest...
Financial Recoveries provides a deeply analytic,
client-sensitive profit recovery service that stands out
from the competition. Overpayments we recover, almost
without exception, would otherwise remain undiscovered -
and best of all, recovered funds are recognized as pure
profit since the claims stem from previous years'
Unique analytical software - Our proprietary Profit
Source software was designed for profit recovery.
Developed by Financial Recoveries' managing directors,
who have extensive client-side management experience in
financial operations, Profit Source facilitates a higher
level of investigation by promoting analysis of client
data in numerous dimensions and according to multiple
"what if" scenarios. Data transfer is electronic, thus
saving time and eliminating human errors that can cause
losses to go undiscovered.
First-hand client-side experience - Financial Recoveries
understands first-hand the demands and the nature of the
corporate financial environment and have thus developed
an invisible project management style. Client staff-time
requirements on a two-to-four month project are
typically 10 combined hours or less.
Tenured auditors - Many smaller companies can't afford
an internal audit team. In larger companies, audit is
generally limited to procedural review and turnover
averages only two years. Thus, risk assessment and
controls can be superficial and are frequently
inconsistent. With more than 40 years of combined
experience, Financial Recoveries brings tenure and a
fresh perspective to its clients to enliven their
profit-securing processes and procedures.
Sensitivity to vendors - Having represented corporations
in defining and managing vendor relationships, we are
sensitive to those of our clients.
No up-front investment - There is no cost or obligation
to utilize our services. Fees are structured as a
contingency payment that is triggered when the client
reaps the final benefit: restoration of profits.
Invisible project management style - Our process and our
presence are self-contained. As long as we have autonomy
with regard to the client's historical disbursement
files and vendors, we operate without disruption to
Built-in process improvement counsel - We believe that
profit recoveries must lead to corporate process
improvement. All of our clients receive an operational
and procedural assessment as well as best practice
recommendations for improvement.