prevention vs profit recovery

Prevention vs Recovery

A story about financial controls and your best friend Buddy

I want to show you how you can shift focus from

recovery to prevention when it comes to lost

profits from payment errors.

My name’s Jason,

Thanks for stopping by and checking out my presentation.

Hi

Take a moment to consider:

Is there any instance when it’s better to recover

something that’s lost, rather than prevent losing it?

My name’s Jason,Hi

…OK, I’m sure there’s gotta be one, but I can’t think of it.

Better to keep your keys in a good spot….

….than frantically search for

them on the way out the door

Example:

Sometimes, recovery seems to be the only way.

But……

Buddy is your best friend

You want to keep Buddy as safe as possible

This is Buddy

The problem is, Buddy tends to run away

and get lost

So you buy Buddy a tag

This is Buddy

I mean, that’s what you do to protect Buddy, right?

But tags don’t guarantee anything

And rewards are… $$ Expensive $$

This is Buddy

But what if you could use technology to keep Buddy home?

But… (again)

And what if Buddy is just like your company’s profit?

=

What If?

And that Gold Prairie works just like the invisible fence?

=

What If?

Gold Prairie uses continuous monitoring

technology to analyze EVERY transaction

in your payment process in near real time

And runs a series of tests to flag instances

of risk or payment error

How does it work, you ask?Hmm…

By catching errors during the payment process, you

can PREVENT your company’s profits from being lost

=

It analyzes my transactions, so what?Why do I

care?

Gold Prairie can be configured to identify any sort of risk or error that

can be found in your payment data

Common areas include:

• Duplicate AP payments

• Duplicate P-Card transactions

• Incorrect T&E payments

• Payments to wrong vendors

• Policy Auditing

• Fraud risk

What kind of errors can you find?$

Q: What ERP systems does Gold Prairie work with?

A: Gold Prairie is ERP agnostic and works with any ERP system.

Q: What sort of IT resources are needed?

A: With our SaaS model, setup is minimal – just a data feed.

Q: What kind of results can I expect?

A: On average, Gold Prairie reduces the cost of a traditional recovery audit by about 80%.

Q: What is the time investment for implementing Gold Prairie?

A: The average set up time and training period is about 3-5 days.

Q: What is the typical ROI timeframe?

A: On average, you’ll achieve full ROI within 30 days, the rest is all gravy.

Some frequently asked questionsFAQ

The best way to start is with a brief discovery call.

If further evaluation makes sense, you’ll be on your way to learning

how Gold Prairie can make an immediate impact on your company.

If not, you’ve only invested about 5-10 minutes of your time.

That’s a small investment with a BIG upside!

How about a quick phone call?

Shoot me a phone call or email:

• 5-10 minutes

• No pressure, no email lists, no invisible fences

• Mention this Slideshare presentation and receive a Starbucks gift card

• C’mon, do it for Buddy

Jason Mutz630-563-2793

jmutz@goldprairie.com

www.goldprairie.com

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Again, my name is Jason – let’s talk

Call Me!