Recent years have been a period of significant consolidation for Mining & Metals, with changes in asset holdings and substantial increases in market capitalization. Many businesses have assets outside the country of domicile, which means that you are sensitive to fluctuations in the value of the dollar. Because your complex payables and disbursement processes are widely dispersed, there are a great many opportunities for payment exceptions. Transactions involving engineering and maintenance agreements, time and material costs, and rights leases create opportunity for payment errors when flowing through remote field offices and central invoice payment centers. Complex tax strategies, international tariffs and fluctuating exchange rates further complicate your procure-to-pay process.
Spectrum's highly skilled consulting professionals can identify and correct the various types of payment exceptions that you experience,
regardless of how intricately your procurement and disbursement systems function. And while our in-depth review recovers your lost profits,
it also identifies areas of exposure to prevent lost profits in the future.