The P3 Expense Audit Process

Our engagement is simple and easy to start. Our engagement agreement is only one page, and extremely one sided in our client’s favor. We then get copies of your vendor invoices and begin work.

• Engage with P3
• Provide us invoices
• Zero upfront cost

Our analysts begin working behind the scenes pulling necessary information from the vendors to conduct our forensic billing analysis (contracts, customer service records, and other pertinent info).

We analyze this info against our database of over 30,000 client benchmarks to ensure our clients get best in class pricing. In this step we also analyze the invoices for overcharges and hidden fees to generate refunds back to your bottom line.

• We review invoices and contracts
• Benchmark your expenses against our database of vendor pricing
• Provide bi-weekly updates during our process
• Hands off – we do all the work behind the scene

We deliver our findings to you in detailed reports outlining exactly what we’ve found and where. Oftentimes we will have a quick phone call with you to walk you through things and answer any questions. In step 3 you will know the exact financial impact and savings opportunities found in each expense category.

• Deliver findings to you
• Review detailed reports and financial impact

We work with your vendors to implement approved findings. We don’t just deliver a report, we deliver actual, bottom line savings. Your only job here is to say ‘ok, let’s implement’. Only AFTER the savings are hitting your bottom line do we share in them. We are on hand each month to monitor the invoices and hold costs down.

• Work with vendors to implement approved findings
• Monitor the invoices each month to hold costs down
• If we don’t deliver savings, there is no fee.