Many vendors offer rebate promotions in which your system may be credited a certain amount for your purchases during a specified time period. However, vendors aren’t always the most transparent about how these credits will be issued, and procurement departments may end up paying the full invoice price without knowing it. We recently worked with a client that was entitled to a $100,000 rebate but had no idea that they missed it–or that it was even on its way.
Rebates are a great way to earn vendor credit on some of your most common purchases, but if they aren’t handled the correct way, then your organization could be left paying full price. Let The Audit Group’s healthcare auditing team work with your organization to analyze your vendor relationships, identify efficiencies and recover any missing funds.