Westgate Moore (WMA)

About

At Westgate Moore Associates (WMA), we've been pioneers in the payments auditing industry since 2004, delivering unparalleled payment audits to clients across both the Public and Private sectors. Our efforts have successfully recovered over £50 million for our clients, safeguarding their financial integrity.

Fraud and cybercrime pose significant threats to businesses, with KPMG reporting nearly £140 million in fraud losses for UK businesses in the first half of 2021 alone. According to the ACFE, fraud accounts for 5% of company expenditure annually.

At the start of 2020 we developed autorecs – a fully automated supplier statement reconciliation SaaS product. This innovative tool streamlines the reconciliation process, significantly reducing time and effort while enhancing accuracy.

WMA achieved ISO27001 accreditation in 2022, under

In 2021 we launched our new automated supplier statement reconciliation SaaS solution, autorecs

2022, sees WMA gain ISO27001 accreditation

All companies can be exposed to fraud and cybercrime, both of which are on the rise. KPMG (press release August 2021) states that in the first half of 2021, the cost of fraud to UK businesses is just under £140 million, with fraud accounting for 5% of company expenditure per year (ACFE, 2020).

WMA has 20 years experience in performing Payment Audits and recovering payment errors on a No Win No Fee basis!

At the start of 2020 we developed autorecs – a fully automated supplier statement reconciliation SaaS product.

Not only does autorecs reduce the time and effort it takes to manually reconcile supplier statements, autorecs allows:

- Processing power of 100% monthly reconciliation
- Identify payment discrepancies made in a quicker time frame
- Improve your cash flow by ensuring you have credit notes owed to you
- Assistance with your duty to report on payment practices
- Improve supplier relationships by paying supplier on time
- Communicate with your vendors directly through autorecs

Keywords

accounts payable, audit, recovery, overpayments, duplicate payments, supplier list audit, recruitment, talent acquisition, transactional finance, finance, accounting, audit recovery, payment errors, audit specialists, auditing, recruiting, business audit, company audit

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