INVOCHECK
Provides Full Report of Invoice Errors Prevent Overcharged Invoices Compares Invoices vs Job Estimates
Sign up for an Invocheck DEMO today!
Expected Savings for Your Business
Why We Do What We Do
We originally developed invoice recognition and verification software for construction subcontractors. But we have grown to different industries since. We were construction subcontractor company owners and were sick of our vendors (especially the big public ones) charging different prices than what we agreed upon.
Month after month, year after year, excuse after excuse. This practice is not unique to your business and it is not a fluke. This is an applied practice by vendors (especially in construction) that always benefits the vendor knowing that you will not catch everything. Usually from 3% to 8% monthly. Those days are over.
Invocheck is your partner to end these practices and give you hard data and detailed reports to get your invoice credits and put that money back into your business’s pocket. No more spot checking, no more paying an employee for a lack luster attempt to catch over pricing, and more importantly all in real time.
Stop Paying Your Suppliers For Inaccurate Invoices!
Why We Do What We Do
01
Technical Experiences
02
How it Works
03
Piece of Mind
Case Studies
The Real Data from Customers
(***Name hidden for confidentiality)
– Average invoices per month – 175 – Material Purchases Per Month – $70,000
MONTHLY BUSINESS COST FOR NON-INVOCHECK USER:
– Employee Cost – 40 Hours per month @ $20/hr. = $800 (SPOT CHECKING)
– Average invoice misbilling caught by spot checking – 1% of total purchases = $700 (25% of errors caught)
– Cost vs. Savings – <$100>
MONTHLY BUSINESS SAVINGS FOR INVOCHECK USER:
– Monthly Cost – $375
– Average invoice misbilling caught by Invocheck – 4% of total purchases – $2,800 (100% of errors caught)
MONTHLY COST VS. SAVINGS – $2,325
This customer saved an average of $2,525 more a month or $30,300 more a year with Invocheck!!
(***Name hidden for confidentiality)
– Average invoices per month – 46 – Material Purchases Per Month – $20,500
MONTHLY BUSINESS COST FOR NON-INVOCHECK USER:
– Employee Cost – 16 Hours per month @ $22/hr. = $352 (SPOT CHECKING)
– Average invoice misbilling caught by spot checking – 2% of total purchases = $410 (33% of errors caught)
– Cost vs. Savings – $58
MONTHLY BUSINESS SAVINGS FOR INVOCHECK USER:
– Monthly Cost – $200
– Average invoice misbilling caught by Invocheck – 6% of total purchases – $1,230 (100% of errors caught)
MONTHLY COST VS. SAVINGS – $972
This customer saved an average of $972 more a month or $11,664 more a year with Invocheck!!
(***Name hidden for confidentiality)
– Average invoices per month – 685 – Material Purchases Per Month – $376,750
MONTHLY BUSINESS COST FOR NON-INVOCHECK USER:
– Employee Cost – 160 Hours per month @ $20/hr. = $3,200 (SPOT CHECKING)
– Average invoice misbilling caught by spot checking – 1.5% of total purchases = $5,651 (38% of errors caught)
– Cost vs. Savings – $2,451
MONTHLY BUSINESS SAVINGS FOR INVOCHECK USER:
– Monthly Cost – $1,650
– Average invoice misbilling caught by Invocheck – 4% of total purchases – $15,070 (100% of errors caught)
MONTHLY COST VS. SAVINGS – $10,969
This customer saved an average of $10,969 more a month or $131,628 more a year with Invocheck!!
**Wherever you fit inside the above categories imagine what you could do with your employee’s time, the money you catch from inaccurate billings and your personal piece of mind!!
Example Reports
What we have done
Overcharged Summary
Summary Info
See the total of overcharges for the given time frame you have your invoices Invocheck’d.
Overcharged By Line Item Report
Line By Line Accuracy
See the detailed data off of every invoice to get your credits from your suppliers!!!
Monthly Pricing Breakdown
FIRST MONTH TRIAL IS FREE!!! ALREADY A CUSTOMER? SEND A REFERAL AND GET $150 BACK WHEN THEY SIGN UP!!!
Our service is an adjustable, monthly subscription based on the invoices you need price verified. No commitments, no cancelation fee’s, no hassle.
**A yearly maintenance fee is required – $300
Customized Reporting
Catching your vendor in the all common “up-charge” or missed “discount” is just the beginning:
– Use the data from your reports to properly cost code individual line items
– Use the data to job cost and find over ordered parts
– Use the data to auto import to your inventory
– Use the data in any way your company needs
We can create any type of form and breakdown anything you need to see. All 100% included with your service. You will get these reports on the dates you need them and with 100% accuracy using Artificial Intelligence Invoice Recognition Software we created.
Frequently Asked Questions
Here are some of our most common questions and concerns.
Does this product handle market fluctuations in price?
Yes – It is a simple upload and the system takes care of the increases across all items
How do I get all base pricing into my profile?
You will need to retrieve base pricing from your vendors – However, once that is in your profile periodic adjustments to pricing is easy and handled by InvoCheck
How tedious is getting up and running?
Your assigned agent will get you completely set up – after that you can upload or email us your invoices
Contact Us
For more information, submit an online form.
