Broadridge Recovers Lost Revenue and Helps Prevent Future Loss With Payment Recovery Solution
Source: Hewlett-Packard (HP)
Since 2007, Broadridge, formerly a subsidiary of ADP, has provided a range of complete brokerage processing solutions for both retail and institutional firms around the globe. Broadridge wanted to recover lost funds due to overpayment, duplicate payments and erroneous payments. Broadridge analyzed supplier transaction database to find financial recovery opportunities and identified outstanding credits and issues that led to payment errors.