UPCOMING SEMINAR (November 17) and WEBINAR (December 8)


Top Cost Savings Initiatives for 2011 / 2012  - Updating Your Plan For a Profitable Year

(Part One)
Regardless of any budget, cost savings and recovery projects can be incorporated into any organizational plan for 2011 / 2012. With past error percentages ranging from .1% to 6% (depending on the category of spend) and go-forward savings opportunities of 50% or more, companies owe it to themselves to establish and optimize a set of cost saving initiatives for the coming year.….before they disappear. 

Specific learning objectives include:

Be able to tailor a plan for cost savings in the coming year, with no cash budget required, using a variety of easy-to-implement cost recovery / saving initiatives.

Discuss numerous case studies with the people who experienced the projects, to be able  to better gauge future savings opportunities at your organization.

Understand how cost recovery can support any Sarbanes-Oxley or other control testing plan, supplementing your existing staff at no cost.

Learn about instances when such cost-cutting reviews can also become effective fraud fighters.


60-Days (Fast Track) to Continuous Monitoring of Proactive Error and Fraud Detection ... For Free

(Part Two)
Fast, simple ways to start automated continuous monitoring on your business processes will be discussed and provided to participants with a focus on those areas expected to produce the most payback.  Once errors (and possibly fraud) are detected, organizations can use any associated savings to pay for any prior or future detection costs.

Specific learning objectives include:
Be able to prioritize technology opportunities, depending on your company’s potential for maximum savings, ensuring that the technology pays for itself from day one.

Understand the plethora of data analysis tools and continuous monitoring applications available to companies (with associated costs and benefits).
Learn how to quickly (2 to 6 weeks) implement a vendor spend monitoring system to:
 

Organize an effective cost recovery opportunity analysis
Test for duplicate payments and open credits
Complete vendor duplication testing to help inactivate unneeded
accounts
Improve average vendor payment terms over time
Identify inactive or incomplete vendor master listings / Assess 1099
exposure
Assess conflicting segregation of duties within accounts payable
functions
Relate vendor information to external databases (SSN Death Master,
IRS TIN Matching Service, EPLS List, and OFAC List) to identify
potential irregularities

Be able to use mathematical scoring in order to improve selections of the top vendors / transactions for further reviews, be it for error or even fraud detection reasons.

Speaker
Richard B. Lanza, CPA, CFE
President – Cash Recovery Partners, LLC

Rich has two decades of experience in audit technology and recovery auditing, becoming a leading authority in these areas.  Rich is the author of 13 publications and training courses including the IIA’s Proactively Detecting Fraud With Computer Audit Reports, which earned him an outstanding achievement award from the ACFE and his most recent, Cost Recovery: Turning Your Accounts Payable Department Into a Profit Center for John Wiley & Sons. He has worked for companies ranging in size from $30 million to $30 billion, and in all he has helped them save money through the use of technology and cost recovery initiatives.  Additional guest speakers to share case study examples include: CRS - Lease Audit Specialists, Health Decisions, Inc., Pinpoint Profit Recovery Services, Inc., and Source One Management Services, LLC.  Click here for more information on the speaker.


Additional Seminar Benefits

10 Copies of Rich’s current publication, Cost Recovery, Turning Your Accounts Payable Department Into a Profit Center, will be raffled off to attendees of the November 17, 2011 in-person session.

All attendees will receive free tools to assist in their continuous monitoring and cost recovery opportunity analysis efforts.


Location
Click the image for directions

Marriott Saddle Brook
138 New Pehle Avenue
Saddle Brook, New Jersey 07663
Phone 201-843-9500 for November 17, 2011 session or via the web for the December 8, 2011 web session.

Cost to attend:  FREE

Recommended CPE Credits

2 CPE Credits are available for attending the seminar which are awarded based on a 50-minute hour.

Program Level / Prerequisites and Advance Preparation
Basic / None

Basic Delivery Method
Group Live and Group Internet Based 

Recommended Category
Specialized Knowledge and Applications

For additional questions regarding registration, please contact:
Lorraine Mariella, CSEP, CMP
Meeting Manager for
Cash Recovery Partners
Email:  cashrecovery@celebrationsevent.com

Phone: 973-628-0007

Questions, complaint resolution, and refund policy
If you have any questions regarding the course, our administrative and complaint policies, or were not satisfied with this course and would like a refund of your seminar fee, please contact:

Richard B. Lanza
President of Cash Recovery Partners, via the following means:
Phone: 201-650-4150
Fax: 973-270-2428
Email: rich@auditsoftware.net
Address: PO Box 31, Lake Hopatcong, NJ 07849

 

Cash Recovery Partners, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

Click here to register for the November 17, 2011 in-person session
Click here to register the December 8, 2011 webinar session

 
 
 

 
  

Speaker
Richard B.  Lanza
CPA, CFE
President
Cash Recovery Partners, LLC

 
 
 

 
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 


Richard B. Lanza
President of Cash Recovery Partners
Phone: 201-650-4150 Fax: 973-270-2428
Email:
rich@auditsoftware.net
Address: PO Box 31
Lake Hopatcong, NJ 07849