Delivering for our clients at scale
Find hidden costs and cut them
Duplicate or erroneous payments can cause companies to lose significant funds from their accounts payable spend each year. Our standalone FastCap Finance Analytics solution is built to find hidden capital your business can use, fast. By combining powerful automation and analysis with dedicated expertise, we can help your business uncover significant savings for a more secure long-term foundation.
*Source: CFO.com
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Speed recoveries
Find new working capital in as little as 90 days.
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Customize forecasts
Maximize recoveries with tailored forecasts.
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Minimize risk
Pay for performance with 100% outcome-based pricing.
Why Conduent?
Conduent is a trusted partner with over three decades of industry experience, supporting organizations across 25 countries and 130+ delivery locations. Our FastCap®️ Spend Analytics Services leverage AI to help clients uncover hidden cost-saving opportunities and enhance procurement performance. This enables clients to make informed decisions, negotiate better contracts and optimize their procurement strategies, leading to improved financial performance.
About FastCap Finance Analytics — Commonly asked questions
What exactly is FastCap?
FastCap is a set of comprehensive audit and recovery services that empowers businesses to maximize savings and enhance operational efficiency. By conducting detailed contract audits, freight audits, vendor statement solicitation, and AP audits, we identify and recover erroneous payments, ensure contract compliance, and provide visibility into AP spend data. Coupled with advanced spend analytics, this solution – which is 100% outcome based – offers actionable insights to uncover working capital and sustained financial health.
What are the pain points that this solution addresses?
Many businesses face challenges like a fragmented technology landscape with multiple AP platforms, limited adoption of automation tools, and underutilized analytics, leading to inaccurate and delayed reporting. These issues, combined with rising operational costs and inefficient commodity management, can hinder financial performance and operational efficiency. We optimize commodity management by identifying cost-saving opportunities and tracking spending trends, leading to better resource allocation and financial control.