04.21.2022
Baffling discrepancies
Expertise that pays!
The challenge
Each year, businesses that are subject to an ex-tended producer responsibility (EPR) program covering containers, Printed Paper and Packaging (PPP) must comply with the regulations and report the weight of the PPP they put on the market.
However, the scheduled reporting periods and occasional amendments to the regulations do not always match up.Because of this lag, businesses have the additional, laborious task of relearning every year how to fill out the reports for their annual declarations.
This often leads to the discovery of baffling discrepancies when comparing data from year to year. Businesses need to be very familiar with the previous and current versions of the regulations to find the exact cause of the problem and fix it. They also need sufficient time to conduct research, analyze the data and correct these discrepancies in order to file precise, compliant reports.
The solution
To help businesses comply with the regulations and make accurate declarations, we carefully analyze reports to check for any potential mistakes. This can be very advantageous for companies. For example, while analyzing one of our clients' data, we discovered that they overpaid by $200,000 due to a simple data entry error. Instead of using a unit quantity for a product, their Excel file applied a formula that multiplied the amount by 24.
Thanks to our experience and expertise, we were able to quickly spot the mistake. We took steps to correct the previously submitted reports and obtained a credit for the client in the amount they overpaid. This is now a recurring savings for that business!
