Whenever someone has a leak it is not a good thing. The same is true with revenue leakage. Revenue leakage is any unintended loss of revenue from your company. If you experience leakage, do you want someone to tell you there is leakage and where it is at, or do you want someone who will find the leakage and stop it?
Revenue leakage can occur anywhere in an organization. Unless someone is committing fraud nobody purposely wants to contribute to financial leakage resulting in less revenue for the company. It can occur because of a mistake made when inputting information into one of your computer systems. It can occur because someone is just so busy, they don’t have enough time to make sure they are getting the best deal and doing everything 100% correctly. Today companies have reduced headcount to reduce costs. This has led to many departments being understaffed and not having the time they need to do the type of work they would really like to. Technology has helped bridge the gap, but technology can only go so far. There is always still a human element. The mistakes are not many, and they don’t happen often, but they can add up.
RLC can help you find areas where financial leakage is occurring, recover the funds for you, and show you how to plug that leak to help prevent it from happening again. We employ a combination of software tools and services to accomplish this. The beauty of it is most of our services are gain share. We will supply you an extremely competitive contingency rate for these services, so we only make money when you make money.
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