Duplicate Payment Risk Calculator
Estimate your exposure to duplicate payments and the potential recovery value hiding in your AP data.
Studies show that 1-3% of invoices result in duplicate payments. For a mid-size company, that can mean $100,000+ in annual losses. Our calculator helps you understand your risk and recovery potential.
How It Works
Enter your invoice volume and average amount. We use industry benchmarks to estimate your duplicate payment exposure and potential recovery amount.
Input Your Data
Total invoices processed per year
Average dollar value per invoice
How do you currently catch duplicates?
Your Results
How We Calculate
Duplicate Exposure = Invoice Volume × Duplicate Rate × Avg Invoice Amount. Industry duplicate rates: No detection 2-3%, Basic 1-2%, Manual 0.5-1%, Advanced <0.1%.
Eliminate duplicate payments
See how Nexus AP's AI-powered duplicate detection catches duplicates before payment.
Frequently Asked Questions
How common are duplicate payments?
Industry studies show that 0.5-3% of invoices result in duplicate payments, depending on controls. Without proper detection, companies typically pay 1-2% of invoices twice.
Why do duplicate payments happen?
Common causes include: vendors sending multiple copies, invoices entered from different sources (email, mail, portal), slightly different invoice formats, manual keying errors, and lack of systematic checking.
How does Nexus prevent duplicates?
Nexus AP uses AI to detect potential duplicates across multiple criteria: invoice number, amount, vendor, date, and line items. It flags duplicates before payment and learns from your corrections.
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