According to research, 10-20% of vendor invoices contain errors and 85% of these errors are not in your favor. MySoft will help you catch the errors and protect your budget dollars. MySoft’s Invoice Audit is not a one-time audit; it is a monthly audit to check for on-going issues. The Invoice Audit application will check monthly billing statements for month to month variances, search for items that you are paying for that are no longer active and check rates against contract rates. MySoft’s Invoice Audit will also:

• Match invoices to internal records.
• Track vendor contracts and accounts.
• Provide exception reporting and credit tracking.
• Provide historical analysis.
• Provide easily definable variance thresholds.
• Import from major vendor billing media and handle paper invoices.
• Support pass-through chargebacks.