Recovery Audit Firm, GALOSI, Emphasizes the Importance of Nurturing Clients' Vendor Relationships

Posted by GALOSI in Dallas-Fort Worth-Arlington, TX on Sep 18, 2009

 

In the recovery audit industry, one of the most important elements to a successful recovery audit is the actual recovery process and the handling of delicate vendor relationships during this time. GALOSI understands how critical vendor relationships are to daily operations, which is why GALOSI stands behind its recovery audit professionals and their expertise and commitment to nurture all client-vendor relationships.

One of the pillars in the GALOSI business philosophy can be found in the recovery audit firm’s core Mission Statement – “Protecting client's supplier relationships.” GALOSI works hard to maintain and uphold a high respect for their client’s vendors during a profit recovery audit with the understanding that all vendor relationships are slowly developed over time and are based on a mutual trust and respect. If they are not handled correctly, this can cause great damage to a client’s business and bottom line. GALOSI ‘s expertise and passion for the recovery auditing industry drives their united effort to protect a client’s vendor relationships while acting as an extension of their client’s company.  

During a recovery audit, GALOSI provides clear, ongoing communication and frequent interaction with the client and their internal teams. This not only results in a successful recovery audit for the client, but during the recovery phase, this gives clients peace-of-mind knowing that GALOSI utilizes the same type of respect and open communication with their vendors.   

The idea of a recovery audit oftentimes has a negative connotation to it. GALOSI works hard to change that negative perception to a positive one. Whether GALOSI is operating as a first pass or second pass audit recovery firm, the core principal of preserving relationships is still a top priority and focuses on the accuracy and completeness of any claim submitted to a vendor and timely responses to vendor inquiries (claim reviews or re-payment) on the client’s behalf.  

GALOSI assists clients in finding errors in Accounts Payable transactions. Typically, 99.9% of A/P transactions are processed correctly, yet the small number of overlooked errors- or “lost money” – are critical to any company’s bottom line and drastically effect the daily budgets and operations or the company.   

About GALOSI

GALOSI has performed complete and thorough profit recovery audits for large companies across the retail, wholesale, commercial, government and medical industries. With custom-built software, seamlessly tailored to mimic each client’s internal A/P and A/R processes, GALOSI has increased many organization’s bottom lines by recovering vendor overpayments and under deductions.    


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