Audit Manager
The process of documenting claim comments, notes and status.
What is Claim Management?
Broniec's proprietary software.
What is AuditMax?
The selected vendors from the client's vendor master file who will receive a statement request letter.
What is the Statement Mailing List?
The material benefit to our client from Broniec audit efforts.
What is a Claim Recovery?
The final report checklist used for submitting your final report draft to your BM or ROM.
What is the Final Request Form?
The daily process of writing claims identified during the audit.
What is Claim Input?
The Access database for reviewing the Broniec exception reports and work history.
What is the Audit Tool?
The letter that authorizes a vendor to discuss a clients account with Broniec.
What is the LOA (letter of authorization)?
The vendor system generated credit document or signed claim/chargeback letter.
What is a Credit Memo?
The report that summarizes the audit findings and provides recommendations relating to common error codes for an audit.
What is the Management Letter/Audit Summary?
The outline for the client that serves as a guide throughout the audit and provides a foundation for a comprehensive review.
What is the Opening Meeting Recap?
The various classifications of review Broniec performs during a comprehensive audit.
What are Claim Categories?
The letter to a vendor requesting a current aging or SOA for their customer.
What is the Statement Request Letter?
The vendor acknowledged, self-approved, application of overpayment funds to a client's open invoice.
What is an Overpayment Applied to Open Invoice?
The communicated process irregularities identified in an audit and the proposed improvements.
What are Observations and Recommendations?
The template that guides the end-to-end audit process.
What is the Audit Manager Record/Checklist?
The available AP media that is attached as claim support.
What is the Payment Package?
What is the entire process of sending a letter and list while tracking results for a client?
Statement Outreach
The identification of an uncashed overpayment on the client's outstanding check log that results with a voided check.
What is Escheatment Prevention?
The measuring tool used to gauge vendor response rates from the Statement Outreach.
What is the Speedometer?
The client audit web portal.
What is CSS (Client Service System)?
The codes used to mark potential overpayments reviewed and resolved.
What are BA Comments?
The database used to track incoming vendor statements and results.
What is the Statement Log?
The receipt of a refund or ACH payment from a vendor and submission to the client.
What is a Check?
The overview letter that addresses the audit period, scope, and audit statistics.
What is the Cover Letter?