Solutions

Prevent Duplicate Payments

Of all the different types of transaction errors, duplicate payments should be the most preventable.  Yet every year, outside audit firms identify millions of dollars in duplicate payments for companies in a wide range of industries — lost profits that often take months or years to recover.

Isn't there a better way?

Kirix ProfitPoint™ is a software solution for identifying and preventing duplicate payments.  ProfitPoint provides a continuous monitoring control to analyze invoice and payables data and pinpoint errors during the payment process.

ProfitPoint enables you to address the problem of duplicate payments at the source.  Rather than waiting for an audit to uncover these errors, you can pinpoint duplicates at the time of payment and stop them before they go out the door.  By taking direct control over the problem, you eliminate the cost and hassle of recovering duplicate payments entirely.

In addition, you can also use ProfitPoint to identify duplicate records in the Vendor Master file—a common cause of duplicate payments.  By cleaning and consolidating vendor records, you further reduce risk making duplicate payments.

For more information, please browse through the other parts of this section to learn more or use information request form to contact us directly.

ProfitPoint Video Demonstration

For a quick overview of ProfitPoint, here is a video that highlights the key features and benefits that it provides.  Additionally, if you would like a step-by-step introduction to ProfitPoint, please see our software tour here.