AP Audit Readiness Assessment
Evaluate your accounts payable controls and identify gaps before your auditors do.
AP audits can uncover control weaknesses, compliance issues, and fraud vulnerabilities. Our assessment helps you evaluate your readiness across key control areas and identify improvements before audit season.
How It Works
Answer questions about your AP processes across five control areas. We score your readiness and provide specific recommendations for improvement.
Input Your Data
How well separated are AP responsibilities?
Your Results
Strengthen your AP controls
See how Nexus AP provides built-in controls, complete audit trails, and automated compliance.
Frequently Asked Questions
What do auditors look for in AP?
Key areas include: segregation of duties, authorization controls, matching procedures, payment approval documentation, vendor verification, audit trails, and exception handling processes.
How does AP automation help with audits?
AP automation provides: complete digital audit trails, enforced approval workflows, automated matching, consistent control application, instant retrieval of documentation, and exception tracking.
What are common AP audit findings?
Common issues include: missing approvals, inadequate segregation of duties, duplicate payments, payments without proper matching, unverified vendors, and incomplete documentation.
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