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| Recovering the Most Money in Retail |
| Retail is one of the most complex audit environments of any industry, as it deals with ongoing high invoice and payment volumes, logistical issues — all in an atmosphere rich with promotions, rebates, and fluctuating prices. Most payments are correctly processed, but a small margin of error can add up to millions of dollars per year in recoveries. Connolly auditors understand the complex ‘deal environment’ between merchandisers, buyers, and vendors and are familiar with the documentation, data, and the areas that will likely yield the most recoveries. |
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| Resolution with Sensitivity |
| Maintaining relationships is an essential aspect of the retail industry. Because Connolly auditors have experience in the retail environment, they realize how vital and fragile vendor relationships can be, and respect these ties when pursuing recoveries. Trust that Connolly’s experience will guide them to recover funds with the appropriate level of sensitivity to keep both clients and vendors satisfied with each resolution. |
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| Inception-to-Completion |
| Connolly Consulting looks closer to discover the cause of erroneous payments. A root cause analysis will improve payment processes, helping to identify errant invoices, duplicate payments, and other errors more efficiently. This service is part of Connolly’s process, and is vital to improving operations and reducing the amount of future inaccuracies. |
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| Adaptability in Recovery |
| Flexibility makes Connolly the source for any level of recovery your company needs – be it full scope or a specialized area. Connolly’s recovery audit takes a very comprehensive unique mix of service offering that covers more than the common audit areas (as illustrated in the chart below) to recover the most money possible. |
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| Additional Audit Areas |
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Ad-Hoc Requests |
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Adjustment Errors |
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Advertising Expense |
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Contract Compliance |
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Credit Memos |
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Internal Control Reviews |
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Lease Occupancy |
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Royalties |
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Statements |
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| Meet the Auditors |
 See the profiles and experience of real Connolly Consulting auditors. |
