John A Ekdahl

Cost Recovery Audits

Discover hidden savings and reduce business expenses with PTC Business Consulting’s cost recovery audits.

We Offer Free Consulting

We Build Better Businesses

Our Expertise is Unmatched

Cost Recovery Audits

At PTC Business Consulting, our cost recovery audits are designed to uncover hidden savings and reduce your business expenses. Our comprehensive audit services ensure that you are not overpaying in critical areas such as credit card processing fees, workers’ compensation premiums, waste disposal costs, and shipping expenses. By identifying and recovering overcharges, we help enhance your financial performance and increase profitability.

Credit Card Vendor Audit

Our credit card vendor audit service aims to recover overcharges and reduce fees for businesses with a minimum annual payment volume of $300,000. By thoroughly examining your credit card processing statements, we identify discrepancies and negotiate better rates with your vendors.

Benefits:

  • Recover Overcharges: Identify and reclaim fees that you have been overcharged.
  • Reduce Processing Fees: Negotiate lower rates to save your business money.
  • Enhance Cash Flow: Reduce expenses to improve your financial health 
 

Workers Compensation Audits

For businesses with workers’ compensation premiums over $50,000 per year, our audit service identifies overcharges and ensures you are not overpaying. We review your policies and claims to find errors and recover funds.

Benefits:

  • Identify Overcharges: Ensure your premiums are accurate and recover any overpayments.
  • Improve Accuracy: Verify that your workers’ compensation premiums are correctly calculated.
  • Increase Savings: Lower your costs and increase your profitability.

Waste and Recycling Audit

Our waste and recycling audit service helps businesses with monthly waste expenses over $500 reduce their costs. By analyzing your waste disposal practices and billing statements, we find cost-effective solutions and negotiate better rates with your service providers.

Benefits:

  • Reduce Waste Expenses: Identify opportunities to lower your waste disposal costs.
  • Optimize Practices: Implement more efficient waste management practices.
  • Enhance Sustainability: Promote environmentally friendly practices while saving money.

Shipping Audit

For companies that ship packages within the continental US, our shipping audit service uncovers potential refunds from carriers and implements cost-saving strategies. We analyze your shipping invoices to identify billing errors and negotiate better rates with carriers.

Benefits:

  • Find Refunds: Recover funds from billing errors and overcharges.
  • Lower Shipping Costs: Negotiate better rates with your shipping carriers.
  • Improve Efficiency: Streamline your shipping processes to reduce costs.

Why Cost Recovery Audits Matter

Cost recovery audits provide immediate financial benefits by uncovering hidden savings and reducing your business expenses. These audits ensure that you are not overpaying in key areas, freeing up capital for reinvestment and enhancing your cash flow.

Key Advantages:

  • Immediate Savings: Recover overcharges and reduce ongoing expenses.
  • Improved Cash Flow: Lower costs to enhance your financial stability.
  • Increased Profitability: Optimize your expenses to increase your bottom line.
Business charts and diagrams on digital tablet

Minium Requirement: $300,000 in payment volume

Targeted Industries: The highest success rate is for merchants that process transactions where the card in not physically present.

  • Online Retailors
  • Manufactures
  • Distributors
  • Phone/Internet Sales

Where the card is present a review may still be in order and will be considered.

1-2 recent merchamnt processing statements along with the AUdit Services Agreement are required to do the analysis. Process generally takes 30-60 days. 

Our Process

PTC Business Consulting makes it easy for you to benefit from cost recovery audits. Our expert team handles every step of the process, from initial assessment to recovery of funds.

  1. Initial Consultation: We start with a free consultation to understand your business and identify potential savings.
  2. Detailed Analysis: Our team conducts a thorough audit of your expenses to uncover overcharges and inefficiencies.
  3. Implementation: We negotiate with your vendors and service providers to recover funds and reduce ongoing costs.
  4. Ongoing Support: We provide continuous support to ensure you maintain cost savings and optimize your expenses.

Success Stories

We have helped numerous businesses achieve significant savings through our cost recovery audits. Here are a few examples:

  • Retail Chain: Recovered $100,000 in credit card processing fees through our audit service.
  • Manufacturing Company: Identified and recovered $75,000 in overcharged workers’ compensation premiums.
  • Hospitality Group: Reduced waste disposal expenses by 25%, saving $50,000 annually.
  • E-commerce Business: Found $60,000 in shipping refunds and negotiated better rates with carriers.

Our Service

Act Now

Don't miss out on the opportunity to enhance your financial performance through cost recovery audits. The sooner you start, the sooner you can benefit from substantial savings and improved cash flow. Schedule your free consultation with PTC Business Consulting today and take the first step toward maximizing your savings.

Contact Us:

Book your free consultation now and start saving!

Trusted by 500+ Companies Around The World

Make An Appointment

Free Consulting

Schedule your free consultation today and discover how PTC Business Consulting can unlock significant tax savings for your business.

FAQ

General Question

If you have any general questions, feel free to reach out to us directly. We're here to help and will respond promptly to ensure you have all the information you need.

Ready for your free Consultation?

Please complete the form below, and I will respond within 24-48 hours to arrange our consultation: