PSC Metals LLC
PSC Metals selected and implemented FISCAL Technologies AP Forensics to coincide with their new AP Manager’s appointment, creating for the first time a centralized oversight position that works with their decentralized, regionally-based AP processors.
PSC Metals is a subsidiary of Icahn Enterprises and a member of CoreTrust Purchasing Group, the leading purchasing collective of over 1,800 members representing more than $35 billion in purchasing power.
The Forensic Financial Risk Review uncovered a situation whereby a supplier received multiple payments when submitting duplicate invoices from multiple locations. $104,000 was subsequently recovered from a single supplier and best practices have been updated to prevent this from happening in the future.