Recovered value
What the failure cost and how much has come back.
Financial control of incidents shows the amount involved, what was recovered and what is still open.
Available on these plans
- Freenot included
- Starterincluded
- Professionalincluded
- Businessincluded
- Enterpriseincluded
Why measure the recovered value
The cost of poor quality only becomes a priority when it shows up in reais. Knowing how much each failure cost and how much has come back shows where the losses are and helps you go after what can still be recovered.
Recovery status
Awaiting return
Amount marked for recovery.
Partial
Part of the amount has come back.
Recovered
Amount fully recovered.
Won’t be recovered
Recorded for loss analysis.
Day to day
Who operates
Enters the incident amount and updates the recovery status when the money comes back.
Who leads
Tracks recorded and recovered amounts month by month, and where the largest balances are.
Who audits
Links each amount to the incident it came from.
- Which incidents still have a recoverable amount?
Explore the other modules
- Documents: Procedures, manuals and forms with drafting, consensus and approval, mandatory reading and a reminder before they expire.
- Incidents: Record the incident with evidence, follow the supervisor review and the Quality analysis, and see what it cost and how much can be recovered.
- Nonconformities: Handle nonconformities with 5 whys or Ishikawa, a 5W2H action plan and an effectiveness check. If it didn’t work, the NC goes back to root cause.
- Audits: Plan internal, external, customer and supplier audits, record findings with evidence and create an NC or improvement opportunity straight from the finding.
- Risks: 5×5 probability and impact matrix, inherent and residual risk, treatment with actions and deadlines, and alerts when a department piles up NCs.
- Suppliers: Weighted questionnaire, Gold, Silver, Bronze or Rejected rating and re-evaluation on time. Suppliers answer through a link, no login needed.
- Disputes: When an incident has a dispute, it gets its own handling, with technical justification, BL number and carrier fee.
- TAPI: TAPI adds up each employee’s losses over 12 months and suggests an action and a deadline for each band.
- Management reviews: ISO 9001 9.3 input topics created automatically, participants, decisions that become an NC or OM, and minutes in PDF.
Hover to preview each module. Click to learn more.
Start today.
Create your account on Free or try paid plans for 14 days.