Invoice Level Audit

Invoice Level Audit is the core service offered by Lexona. It involves a review of transactions at the “invoice totals” level of detail.

The objective is to not only identify invoices paid to the wrong supplier or paid in duplicate to the same supplier. We also seek to identify missed credits and unclaimed VAT.

It is normal to include with this a circularisation of suppliers to help identify unrecorded credits for pricing, returned goods and rebates. This can help meet the increased reconciliation requirements arising from Sarbanes-Oxley compliance standards.

Lexona will examine 100% of transactions within the statute of limitations i.e. up to six years old, offering periodic or continual review cycles.