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Refero

02

Price and contract compliance

Are you paying what the contract says? We compare the contract price with the invoiced price, item by item, and document each discrepancy with its source.

Illustrative example, not client data

What a small difference can look like

An imagined item, with one price in the contract and another on the invoice.

Contract price
SEK 1,000
Invoiced price
SEK 1,250
Difference
SEK 250

The same difference on 1,000 invoices comes to SEK 250,000.

How we check

  1. Step 1

    We collect the records

    Contracts, price lists and invoice data.

  2. Step 2

    We compare item by item

    Invoiced price against contract price, at item level.

  3. Step 3

    We document with sources

    Each discrepancy is reported with its source. Nothing is reported as a finding until it has been verified.

Common discrepancies in price and contract compliance

  • The price on the invoice differs from the contract price for the same item
  • Volume discounts that are not deducted every time
  • New prices that start to apply on the invoice before or after the agreed date
  • Errors when the price is adjusted by an index

When is it relevant?

Particularly relevant for framework agreements with many ordering units, long contract periods with index clauses, or when procured prices are not regularly reconciled against invoicing.

What data is analysed?

Contract documentation, price lists and invoice data, compared item by item at item and price level.

Read more

What is a retrospective financial review?Write to us