NoStatementCredits.com helps organizations that undergo third-party statement audits build an in-house review process — so audit firms never find what you've already cleaned up.
We show your team exactly how recovery auditors think, what they look for, and how to find it first — turning a vulnerability into a competitive advantage.
We analyze your accounts payable data to identify where statement credits typically hide — duplicate payments, vendor overpayments, missed credits, and unapplied debit memos.
We create a step-by-step statement review process tailored to your ERP, your vendor base, and your team's capabilities — including intern-ready task breakdowns.
We train your AP staff and any college interns you've brought on to systematically work vendor statements — the same techniques the big audit firms use, now in your hands.
We advise your team on how to proactively close open credits before audit firm contract windows, reducing your contingency exposure quarter over quarter.
If your organization is large enough to attract a recovery audit firm's attention, you're large enough to benefit from doing this work yourself — regardless of industry or size.
Finance leaders owning the vendor payment process
Leaders focused on cost recovery and vendor management
NoStatementCredits.com was founded on a simple belief: the expertise to help organizations recover their own money shouldn't come with a profit motive. All profits are gifted directly to the charitable organization of your choice.
All profits gifted to your designated charity of choice
Pick any registered 501(c)(3) or charitable organization. We issue the donation in your company's name.
You receive documentation of every donation — receipts, confirmation letters, and tax records.
When your recovery program succeeds, so does a cause your team cares about. That's the real incentive.
Statement review is uniquely well-suited to supervised intern work. The tasks are structured, repeatable, and genuinely educational — giving students real-world finance experience while your company recovers real money.
Interns learn to systematically contact vendors, request open-item statements, and track responses — a professional skill with immediate business impact.
We provide simple reconciliation templates that let interns compare vendor statements against your AP ledger without needing system access or accounting expertise.
Interns learn when to escalate a finding, how to document a claim, and how to communicate professionally with vendors — real-world training they can put on a résumé.
I spent over three decades in the accounts payable recovery audit industry — long enough to understand exactly how third-party firms find what they find, and exactly how much that costs the companies they audit. The contingency model is effective for them. It's expensive for you.
The dirty secret of the recovery audit industry is that most of what they find, your own team can find — with the right process, the right tools, and the right guidance. The information isn't hidden. The methodology just hasn't been shared with the companies who need it most.
"Every dollar a recovery firm collects on your behalf at 30% contingency is a dollar your company already earned — and gave away."
I built NoStatementCredits.com to change that equation. I'm not interested in taking a share of your recovery. I want to show your team how to do this themselves, create a repeatable internal process, and give you the tools to keep third-party auditors from ever having a claim worth making.
And because I believe this service should be truly accessible to any organization that needs it, all profits are gifted to a charity you choose. This isn't a business. It's a mission.
Straightforward answers to the questions we hear most from Controllers and CFOs.
A recovery firm works on contingency — they keep 25–35% of what they recover. We teach your team to find the same credits themselves, keeping 100% of the recovery. We charge for our time, and gift all profits to the charity of your choice.
No. Our process works with data you already have. If your AP team can pull reports from your ERP, you have everything you need. We'll show you what to pull and exactly what to look for.
Absolutely — with the right structure. We design intern workflows specifically so that tasks are rule-based and supervised. Students get genuine finance experience; you get systematic coverage of your vendor base at a fraction of the cost.
Any organization that already undergoes — or is at risk of — a third-party statement audit is an ideal fit. This includes corporations, healthcare systems, universities, nonprofits, government entities, and retailers. If you have significant vendor spend and open AP history, you have credit exposure worth addressing.
You tell us. Any registered nonprofit or charitable organization works. We issue the donation directly and provide you with full documentation for your own records and tax purposes.
We'll review your existing agreement as part of the engagement. Most contracts have windows and exclusions we can work within — and a proactive internal review is almost always permissible even under active audit agreements.
Schedule a free 30-minute consultation. We'll review your current AP situation, estimate your credit exposure, and outline what an in-house process could look like for your team — no obligation, no sales pitch.
We'll respond within one business day. No spam, ever. All profits are gifted to your chosen charity.