We make it a practice to correlate company data with our deep understanding of financial issues and our experience across a wide range of industries. The human element always comes into play as well; we talk extensively with clients and those we audit—to look for patterns that can indicate abuse, to query about risk exposure, to pinpoint system weaknesses.
Supply Chain & Distributor Audits
Be certain that your distributors, dealers and suppliers are complying with contractual agreements
Our distributor audits take these considerations into account:
Are distributors selling what they say they’re selling?
Are they over-reporting discounts or rebates?
Is product being diverted to unauthorized parties?
Is grey market product finding its way onto distributors' shelves or into their warehouses?
Are you overpaying rebates because of incorrect reporting of end user sales?
Is your profitability being reduced by errors or mismanagement in your channel?
What about your supply chain? A supply chain audit examines the following:
Are you being invoiced at the prices you negotiated?
Is the product you’re receiving the product you ordered?
If you are a group purchasing organization:
Are you sure that all eligible products being ordered under your agreements are being reported to you, and all administrative fees are being remitted?
Is your membership represented accurately?
Are your members being charged the right prices?
We have extensive experience in the auditing of distribution channel and supply chain agreements for a variety of organizations.
Our ability to recover funds and close loopholes has produced seven to eight-fold returns on investment and prevented tens of millions of dollars more in future losses. Among the issues with which we have experience:
pass-through discounts
cost-plus discounts
end user rebates
usage rebates
chargebacks
tier pricing
administrative fees
Solve your problems. Let us help you with your contract auditing. Contact us.
Our franchise and
royalty audits ensure that the profits you’re entitled
to are the profits you'll receive. Plus, your entire network
benefits when marketing and promotion dollars are safeguarded.
Saving money, improving relationships—read more about our accomplishments.
William Kline, Senior Director, Contract and Internal Audit, VHA Inc.
“We’ve used StoneBridge Business Partners to perform supply chain audits of our healthcare suppliers and distributors since 1998. They’ve performed more than 25 audits—either entirely on their own or jointly with my staff. Many of those audits have individually resulted in the recovery of hundreds of thousands of dollars. Their staff is experienced and always conducts their assignments in an efficient and professional manner. And I would say consistency in their staff has enabled us to build a professional rapport that makes us very confident about their work product.”
