Key information
Request reference number: MGLA180625-8185
Date of response:
Summary of request
Request:
1. Does the authority currently use any 3rd party accounts payable forensic software or statement automation tools?
2. What is the annual cost of that service?
3. What is the expected contract expiry date?
4. Job title of the individual/s responsible for the contract?
Responses:
1
Does the authority currently use any 3rd party accounts payable forensic software or statement automation tools?
Yes, we use a statement reconciliation tool and a tool to review duplicate payments
- Duplicate payment software -First Strike (Apex Analytix)
- Statement reconciliation software - StatementMatching.com (Basware)
2
What is the annual cost of that service?
- £15k duplicate payments
- 11k for statement matching
3
What is the expected contract expiry date?
- Duplicate payments is a rolling contract with confirmation of renewal in October 2025.
- The contract for statement matching expires in 2027
4
Job title of the individual/s responsible for the contract?
Source to Pay Delivery Lead