Compliance Audit Requirements
The Receivables Management Certification Program is designed to provide three distinct compliance audits to ensure multiple and varied opportunities exist to verify compliance.
Self-Compliance Audit
- Performed on initial certification application and every three years thereafter upon renewing certification.
- Attestation will be subject to independent third-party verification at renewal.
Full Third-Party Compliance Audit
- Performed by an RMAI Authorized Audit Provider during the 16th to 20th month of the initial three-year (3) certification and every three years thereafter.
- A Non-Authorized Audit Provider may be permitted to perform the audit at the discretion of the Certification Council’s Audit Committee
- An audit may be conducted by a provider that is already conducting a different audit at your company to allow for cost efficiency.
- Written notice of the audit will be given prior to the 16th month of your certification, in which the Certified Company shall have five (5) months to have the Audit completed, inclusive of the Audit Committee’s receipt of the Audit findings.
- Audit extensions of no more than two (2) months may be granted by the Audit Committee, in its discretion
- Failure to comply shall result in the immediate suspension of certified status.
Limited Third-Party Compliance Audit
- Specific third-party allegations of non-conformity may be investigated by an independent third-party auditor at any time.
- RMAI will contract with an Authorized Audit Provider to perform the audit.
If you have a question or need further guidance on the Receivables Management Certification Program, please contact RMAI at (916) 482-2462 or by email at cert@rmaintl.org.
Authorized Audit Providers
| Acumen Solutions Group 600 Broadhollow Road, Suite 200 Melville, NY 11747 Website www.acumensolutionsgroupllc.com | Contact: Anthony D’Elia Phone: 631-719-5511 Fax: 866-594-9689 Email adelia@acumenins.com |
| Bedard Law Group, P.C. 2810 Peachtree Industrial Blvd, Suite D Duluth, Georgia 30097 Website www.bedardlawgroup.com | Contact: John Bedard Phone: 678-253-1871 Email jbedard@bedardlawgroup.com |
| Corporate Advisory Solutions, LLC 2 Logan Square 100 N. 18th Street, Suite 300 Philadelphia, PA 19103 Website www.corpadvisorysolutions.com | Contact: Michael Lamm Phone: 215-717-8719 Fax: 215-253-4802 Email mlamm@corpadvisorysolutions.com |
| Provana, LLC 901 Warrenville Road, Suite 525 Lisle, IL 60532 Website www.provana.com | Contact: Michelle Shaffer Phone: 323-793-4033 Email michelle.shaffer@provana.com |
| The EDGE Consulting 17455 48th Place North Minneapolis, MN 55446 Website www.consulttheedge.com | Contact: Patti Dunn Phone: 763-205-5811 Fax: 763-205-5811 Email patti@consulttheedge.com |
| Maurice Wutscher, LLP 5 Walter Foran Blvd., Suite 2007 Fleminton, NJ 08822 Website www.mauricewutscher.com | Contact: Donald Maurice Phone: 908-237-4570 Email dmaurice@mauricewutscher.com |
| Wipfli LLP 10000 Innovation Drive, Suite 250 Milwaukee, WI 53226 Website www.wipfli.com | Contact: Angela Haasch Phone: 414-431-9337 Email haascha@wipfli.com |
Authorized Auditor Application
RMAI welcomes applications from qualified businesses that are interested in becoming an “authorized audit provider” for the Receivables Management Certification Program. Completed applications and any related questions should be directed to cert@rmaintl.org.