Proven Solutions Code

PROVEN SOLUTIONS

VBS has proven to accelerate invoicing and payment receipt, substantially reducing invoicing and billing costs and delays in collecting (in some cases same day cash has been achieved).

  • Validated Solutions is known for expediting projects
  • Team VBS is known for “getting it done!”
  • Our most recent project went from boots on the ground to up and running live in seven months. This was done on time and under budget!

Points Based on Customer Testimonials:

Cost Visibility

VBS has proven to assist customers with cost visibility and has enabled customers to uncover millions of historical costs through the use of the solution and the visibility that it provides.

Head Count Impact

VBS has proven to reduce the head count required due to the volume and size of invoices.

Cash Flow Impact

Without VBS, in some cases, Cash Flow would be delayed by approximately 3 weeks.

  • $50 million (avg. monthly billing) = $50,000,000.00 delayed for additional 20 days.
    Withholds Would Be Invoked (5 to 10% per Invoice)

    ACRN level cost detail is required on Government Contracts (Accounting Contract Reference Number). If this detail isn’t provided on each invoice then a withhold may be invoked. The withholds range from 5 to 10%.

    Audit Success

    VBS has passed many audits and in some cases enabled same day cash due to the customer and confidence in the solution.