As shown in our example, in the vast majority of incorrect payments detected by
EVV GmbH, the two creditors have a legal relationship with each other. E.g.: different branches or different legal entities (Spedition GmbH and Spedition Express GmbH). Particularly in the logistics sector, companies that are linked to each other are often created in the supplier master data.

Master data maintenance and cleansing measures will only provide limited relief here; in fact, the vast majority of assets with similar names are necessary for operational reasons.
EVV GmbH will be happy to prepare a detailed master data analysis for your accounting department with concrete proposals for necessary measures. It makes sense to combine this with an accounts payable audit and a duplicate payment audit – correct possible overpayments from the past and position yourself better for the future.