Lost in transaction? We'll fix it.

 
The airline industry is one of the most complex for finance and accounts payable teams. Domestic and international flights, local VAT, suppliers all around the world. Large and small transactions. In thousands.

As a direct consequence, significant amounts risk being lost.

Some of the most common challenges include: 

• VAT errors
• Double payments 
• Overpayments
• Statement of accounts  

Here is where Qvalia can help. We are not just a recovery audit specialist.

A transaction analysis by Qvalia improves your current financial result by analysing accounting data up to six years retroactively.

Lost capital is immediately recovered, pitfalls and accounting errors are identified, and we'll provide you with insights and tools to develop and automate your processes going forward. 

Stop capital leakage. Recover capital. Improve processes.

Legacy systems and processes have a hard time detecting accounting errors and mismanaged transactional data, caused by systematic as well as human errors.

In a recently published report, we analysed 17 million account postings from over 100 companies across industries in both public and private sector. The result showed that half of the account posting costs get lost due to mismanaged VAT alone, which is only the tip of the iceberg. 

At Qvalia, we have developed and refined our technology, practices, and expertise of analysing transactions since 2007.

From our offices in Stockholm, Copenhagen, Helsinki, and Oslo, we have worked with flag carriers and regional airlines across Europe.

Analysis projects involve no economic risk for our customers as our fees are provision-based. The time required from your A/P team is minimal. 

Learn more how we can help you recover what has been lost in transaction.