STAT Recovery Services

STAT Recovery Services

Financial Services

Bentonville, Arkansas 1,160 followers

Helping Walmart Suppliers Recover Invoice Deductions

About us

STAT is a recovery management firm focused on delivering value to retail suppliers. We specialize in recovering money from old transactions. Our ability to find your lost money makes us quite popular at parties. We're a value add organization, which means we only get paid after you get money back, and you're only charged a percentage of what we recover for you. It's a win/win for our clients. If you're curious to learn more or to schedule a free recovery analysis to see what you might be leaving behind, visit https://connect.statrecovery.com/audit.

Website
https://statrecovery.com
Industry
Financial Services
Company size
11-50 employees
Headquarters
Bentonville, Arkansas
Type
Privately Held
Founded
2017
Specialties
Deduction Management, Historic Recovery, Retail Recovery Consultation, and Deduction Avoidance

Locations

Employees at STAT Recovery Services

Updates

  • View organization page for STAT Recovery Services, graphic

    1,160 followers

    We're seeking a People & Culture Generalist to join our team and support our growing company. If you're experienced in HR and looking for a new challenge, this could be the perfect role for you. Apply today!

  • View organization page for STAT Recovery Services, graphic

    1,160 followers

    STAT is excited to announce our co-sponsorship of an exclusive happy hour event in New York, alongside Hedaya Capital Group, C.H. Robinson, and High Impact! This gathering brings together industry experts to share insights on supplier relationships and Walmart dynamics. Interested in being part of future networking opportunities? For more information on upcoming events and how to get involved, please reach out to [email protected]. Stay tuned for more exciting announcements as we continue to expand our network and create valuable connections in the industry!

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  • View organization page for STAT Recovery Services, graphic

    1,160 followers

    Excited to share that STAT Recovery Services has partnered with Cambridge Capital. Our focus on optimizing recovery processes and enhancing supplier-retailer relationships is now stronger than ever. This partnership will drive innovation, enhance our technology, and set new industry standards. We want to express our gratitude to everyone who has supported us along the way, including our dedicated team, loyal customers, and valued partners. Here’s to an exciting new chapter ahead! 🤩

    View profile for Matt Smalley, graphic

    Principal at Cambridge Capital LLC

    I am very excited to announce Cambridge's latest investment in STAT Recovery Services. STAT Recovery Services is a machine learning-based invoice audit software platform helping retail suppliers optimize revenue by reducing improper deductions and compliance fines from large retailers. Retail deductions and compliance fines for suppliers are significant and can represent up to 2% of suppliers' retail sales, totaling tens of billions of dollars annually just in the US. STAT Recovery Services has audited over $250 billion in retail transactions for the largest retail suppliers in the world and has the highest recovery rate in the industry, as well as the most comprehensive claims avoidance program. In just over 5 years, STAT Recovery Services has helped retail suppliers recover over $500 million from improper deductions and fines, and avoid countless more. In conjunction with the investment, Casey Roberts (Co-Founder of STAT) and Cambridge Capital LLC decided to name Cambridge Operating Advisor Kamal Sundar as STAT's new CEO to lead future growth. Kamal's experience in supply chain technology and retail with previous leadership roles at Amazon, EY and IBM will drive significant expansion and allow STAT to grow its software, customer, and retail ecosystem portfolio over the next several years. We are also extremely excited to bring in Kenneth Frieze (Chairman of Gordon Brothers), Bill Mines (former SVP, Finance and Strategy, Supply Chain & Logistics at Walmart) and Chris O'Brien (former Chief Commercial Officer of C.H. Robinson) as Independent Board Members, leveraging their many decades of experience in retail, supply chain and software. Benjamin Gordon, Rocco Scundi and I are thrilled to partner with the wonderful existing STAT team (including Casey Roberts, W Todd Reeves, Brian Hughes, Richard Lawrence, Steven Terry, Steve Anderson, Kimberly Huntley, Codie Threet), as well as Kamal Sundar, Kenneth Frieze, Bill Mines and Chris O'Brien to drive further innovation and achieve significant exceptional financial outcomes for STAT's clients by optimizing recovery processes and instilling best practices to improve the overall supplier-retailer relationship. #retail #investment #saas #retailtech #retailaudit #chargebacks #deductions #software https://lnkd.in/eRf29rmB

    Cambridge Capital Announces Majority Investment in STAT Recovery, in Collaboration with Management, to Expedite Growth and Pursue Significant Expansion

    Cambridge Capital Announces Majority Investment in STAT Recovery, in Collaboration with Management, to Expedite Growth and Pursue Significant Expansion

    prnewswire.com

  • View organization page for STAT Recovery Services, graphic

    1,160 followers

    🚀 Expo West 2024 is HERE! 🌟 If you or your team is attending, be sure to say HI! Our team will be on the ground answering questions and giving the 411 on Revenue Recovery. We would love to connect! Be sure to reach out to Matt Williams, John Gunther, or Halle Jungmann if you'd like to say hi or grab some time to chat. Safe travels and see you all there! 🛬 ☀

    View profile for Matt Williams, graphic

    Founder I Advisor I Revenue Growth Strategist I Connector I Father to 2 I Husband to 1 I Ironman x2 I Semi-Pro Trade Show Enthusiast

    ✨ Thrilled to announce that we'll be at Natural Products Expo this week, ready to dive into conversations about the art of Revenue Recovery! ✨ In the chaotic world of retail partnerships, it's easy for potential revenue to slip through the cracks. That's where STAT Recovery Services comes in. Our approach isn't just about numbers; it's about crafting recovery strategies that not only boost profitability and cut down costs, but also support your company's core mission. ❤️ At STAT, we believe in making a difference - not just in the financial charts, but in the lives of the people we work with. Ensuring job security and propelling organizational growth are at the heart of what we do. We're not just looking to improve your bottom line; we're here to contribute to a thriving, sustainable future for your business. 📈 So, let's meet up! If you're curious about how STAT can help you navigate the complexities of revenue recovery with ease and zero impact on your team, I'm all ears. Feel free to DM me or use my contact information to connect while you're at the Expo West! Safe travels and see you there! ✈ #revenuerecovery #profitability #businessgrowth #expowest2024

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  • View organization page for STAT Recovery Services, graphic

    1,160 followers

    We at STAT Recovery Services are thrilled to announce our contribution towards fostering education and nurturing talent in the community. We've recently donated $150,000 to the Sam M. Walton College of Business at the University of Arkansas to establish the 'STAT Recovery Scholarship.' This initiative aims to support dedicated students enrolled in the innovative 4 1 master’s programs, presenting an opportunity for them to accelerate their studies and earn a master's degree with less financial strain. We have always believed in the power of education and the impact it has on shaping future leaders. Our connection with Walton College is strengthened by the inspiring thought leadership exhibited by its distinguished faculty. We're proud to back these visionaries of tomorrow who will use this opportunity to make a significant difference in their community and beyond. A heartfelt thank you to Walton College for allowing us to be a part of their mission to provide quality education and to the students, who inspire us with their drive and potential. Here's to the future leaders and doers! Source: https://lnkd.in/eaypspCY #Education #Scholarship #Leadership #FutureLeaders

    Walton College Students to Benefit from New STAT Recovery Scholarship

    Walton College Students to Benefit from New STAT Recovery Scholarship

    news.uark.edu

  • View organization page for STAT Recovery Services, graphic

    1,160 followers

    Big shout out to Havenwood for the awesome opportunity to support their mission and join them in some golfing and fun activities yesterday! It was a blast! Our team really enjoyed serving burgers and drinks and meeting everyone who attended. If you came by our booth and took any pictures with us, we'd love to see them! ______________________________________________________________ #havenwood #statrecovery #golf #golfing #arkansas

  • View organization page for STAT Recovery Services, graphic

    1,160 followers

    At STAT, we believe the key to maximized deduction recovery for our retail supplier customers lies in the use of credentialed auditors. Our approach ensures that we recover more than our competitors who rely solely on software-only solutions. Trust STAT to help you recover the money you're owed. #deductionrecovery #retailsuppliers #auditing #disputes

    Credentialed Auditors vs. Software-Only Solutions: 
The Key to Maximized Deduction Recovery

    Credentialed Auditors vs. Software-Only Solutions: The Key to Maximized Deduction Recovery

    STAT Recovery Services on LinkedIn

  • View organization page for STAT Recovery Services, graphic

    1,160 followers

    🗣 Golf and Sponsorship Announcement 🗣 "Is there a better way to spend your Thursday than on the golf course? ⛳ You definitely won't want to miss this four man scramble at the beautiful Bella Vista, Dogwood Golf Course. 🏌♂️ 🏌♀️ We have so many opportunities for your company to not only enjoy a day in the sun, but also showcase your support for Havenwood. By attending this event, you will be supporting the mission of Havenwood; empowering single mothers and their children to move from crisis to self sufficiency." -Havenwood Scan the QR code for sponsorship opportunities! STAT Recovery Services will be there in attendance and we hope to see many of you there! We also have a few more availabilities if you would like to play in the event as well with some of our team members at STAT. Comment below if you'll be there or if you're interested in playing alongside. __________________________________________________________ #golf #havenwood #sponsor #sponsorship

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  • View organization page for STAT Recovery Services, graphic

    1,160 followers

    In addition to landing in the 𝐭𝐨𝐩 𝟏𝟐% of the 𝐈𝐧𝐜. 𝟓𝟎𝟎𝟎 list for 2023 and attaining the #1 spot in Northwest Arkansas, we have even more to celebrate. 𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐬𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐚𝐦𝐚𝐳𝐢𝐧𝐠 𝐚𝐜𝐡𝐢𝐞𝐯𝐞𝐦𝐞𝐧𝐭𝐬 𝐰𝐞'𝐯𝐞 𝐡𝐚𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐡𝐚𝐥𝐟 𝐨𝐟 𝐭𝐡𝐞 𝐲𝐞𝐚𝐫 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠:    🥇 #1 ranked Recovery Management firm on the Inc. 5000. 📈 Improved hyper-accurate historical recoveries that allowed our clients to re-invest over $100 million to benefit Walmart customers. 💸 Restoring clients promotional funding derived from post audit analysis. 💰 𝐒𝐓𝐀𝐓 𝐢𝐬 𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐭𝐡𝐞 𝐠𝐚𝐦𝐞 𝐟𝐨𝐫 𝐫𝐞𝐭𝐚𝐢𝐥 𝐬𝐮𝐩𝐩𝐥𝐢𝐞𝐫𝐬. 💰 STAT is changing the game for retail suppliers. Retail suppliers still have the opportunity to recover 2021 money but disputes must be submitted by the end of the year. If you’re curious if there’s money being left behind, we provide free audits for any supplier interested. _____________________________________________________ #retail #retailer #accuracy #transactions #inc5000 #inc5000list #cpg

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