Westgate Moore Associates (Wma)

Westgate Moore Associates (Wma) company information, Employees & Contact Information

At Westgate Moore Associates (WMA), we’ve been pioneers in the payments auditing industry since 2004, delivering unparalleled payment audits to clients across both the Public and Private sectors. Our efforts have successfully recovered over £50 million for our clients, safeguarding their financial integrity. Fraud and cybercrime pose significant threats to businesses, with KPMG reporting nearly £140 million in fraud losses for UK businesses in the first half of 2021 alone. According to the ACFE, fraud accounts for 5% of company expenditure annually. At the start of 2020 we developed a fully automated supplier statement reconciliation SaaS product. This innovative tool streamlines the reconciliation process, significantly reducing time and effort while enhancing accuracy. In 2021 we launched our new automated supplier statement reconciliation SaaS solution. Not only does automating SSR reduce the time and effort it takes to manually reconcile supplier statements, it allows: - Processing power of 100% monthly reconciliation - Identify payment discrepancies made in a quicker time frame - Improve your cash flow by ensuring you have credit notes owed to you - Assistance with your duty to report on payment practices - Improve supplier relationships by paying supplier on time
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