ATC Exalytics is a private company based in Dallas, Texas. Our founder, Michael Parides, holds a graduate degree in Computer Science and has worked in the IT/Software Industry for over 25 years. During the last decade, Mr. Parides has concentrated and applied his knowledge in the Financial Industry and, in particular, in the Post-Audit Recovery business. During this time, Mr. Parides has used his knowledge and experience in Business Intelligence, Data Mining and Software Development to implement proprietary processes and systems that maximize the recapture of payment errors. It is essential to recapture these payments because it adds to our clients' bottom lines. Our prioritization to help our clients control losses and streamline processes has led us to transformational initiatives in the area of source-to-pay (S2P).
Erroneous payments can affect enterprises of almost all sizes. According to various studies, the error rate for private-sector companies is typically about 0.1 percent of total expenditures, while for organizations on public sector the rate is about 0.4 percent. Even though this rate may appear to be very small, it has a huge impact on your company's bottom line. For example, the error rate of 0.1 percent on $1B USD in expenditures translates to $1M USD of recovered funds. When these payment errors are allowed to remain undiscovered, they can correctly be described as lost profits.
When you work with ATC Exalytics, you are working with individuals who have a vested interest in your satisfaction. We provide personal, hands-on service and foster client relationships based on a shared objective: increasing your profitability and improving your productivity. With our interests aligned, we guarantee best-in-class service, accountability and integrity. We provide our recovery audit services exclusively on a contingency fee basis offering the most competitive rates in the audit marketplace. We can do this because our efficient delivery model allows us to find more lost dollars than anyone else in the industry.