Edgewater Analytics - Services

Custom Analytics and Reporting

     We create Formulas, Calculations, Filters and Reporting to provide you with the Custom Business Solution that you need.

Accounts Payables Analysis

     Our system represents the most effective way to identify overpayments, and also identify trends where these overpayments occur, to assist you in implementing ways to prevent them from occurring in the future.

     Our Unique Scenario Specific Line-by-Line Accounts Payable Duplication and Overpayment Identification System takes the guesswork and spot checking out of your AP Review. Our Robust Data Analytics System allows us to compare EVERY LINE in your AP History to every other line in your AP searching for and flagging Specific Scenario based instances that result in the identification and recovery of overpayments.

     And you may be already doing a good job of some basic filtering and minimal doublechecking to prevent these sorts of errors, but effectively you have made it even more difficult to find any remaining issues. The more obscure it is, the more valuable our system is in finding these overpayments! We have found that on average, 3 in every 10,000 transactions have an error in them, but usually only 1 of these will be costing you money. Even while implementing a plan to purchase system, you just can't get away from the fact that in every system, there is some human error. There is no effective way to physically find these errors, or spot check for these errors.

     Some companies have too high a dollar value threshold for examining these AP Files, and effectively spend time at only the transactions that their employees have been most concerned about, knowing that they will be reviewed with extra scrutiny. The truth is that you lose more money that any of these in the lower dollar transacations that are pushed through with general complacentcy and routine. Using traditional spot checking or high value only filtering is eqivalent to agreeing to surrender that money to your system, and eventually your vendors.

Comprehensive Canadian Tax Analysis System

     Our Comprehensive Tax Analysis System run all Canadian taxes for all provinces, for all time periods simultaneously. Our transaction calculations are comparative, so our reporting is completely accurate regardless of the types of transactions are on any transactions. Our reporting output allows you to review and sort all transactions together regardess of which taxes are incurred on any transactions. HST, GST, PST, or PST & GST. So you don't have to run all of your filtering and sorting multiple times.

Prompt Payment Discounts Analysis

     Making sure that your vendors are providing you with the correct prompt payment discount terms, and that your tax calculations on these transactions have been applied correctly.

Loss Prevention

     Using the best tools and methods to identify leakage, by establishing operational baslines and comparing activity to those standards. Ensuring that etablished efficiency matches established perfomance thresholds.

Data Management

     Data Acquisition, Data Transfers, Data Extration, Data normalization, Data Manipulation, Data Mining, and Comprehensive Reporting.

Google Analytics

     When it's time to start tracking what happens in your business Online... Google Analytics and system tracking tools can be a very useful tool. Our team can work you your buisiness to ensure seamless integration with your systems, provider, and technology as well as working with you to create valuable Activity and Metrics reports.