Cost Recovery Project Frequently Asked Questions
We are not affiliated with any GPO or buying group which keeps us completely independent with zero conflict of interest with our responsibility to you as a client.
We have developed strong relationships with our clients as well as your vendors so we can work efficiently and ultimately add revenue to your bottom line.
Our “Perfected Claims” are approved by the vendor with supportive documentation before submitting vendor credits for deductions against outstanding balances, or provide you with a refund check.
If you already have a cost recovery audit firm working for you, try bringing us in after them to perform a secondary audit. We have had success conducting secondary audits and ultimately become the primary auditors.
Other reasons to consider a cost recovery project is to assist with other financial challenges that one may experience through budget cuts or other lost revenue streams.
As an example, if your institution has $125 million in non-payroll expenses over a given period that we review, and found 0.01% of money that was lost through the disbursement cycle, that would equate to $125,000.00 in recoveries. What would you do with an extra $50,000.00, $75,000.00, $125,000.00 or potentially more?
We stand alone in the industry with a 100% success rate with our pre-approved claims – we have never had a recovery claim submitted to our clients denied!
We Recover What is Rightfully Yours™
The Trio Company is a National Cost Recovery Management Firm specializing in purchase & disbursement audit recovery programs, Contract Pricing Analysis, and Accounts Payable Productivity enhancement programs.