Spot supplier price increases, line by line
Small unit-price rises are easy to miss when they are spread across months of bills. docveriq compares each verified line with the same item on the supplier's previous comparable invoice and flags increases worth a conversation.
Why price creep is hard to see
A supplier rarely announces a 5% or 15% rise on a single item. It shows up as a slightly different unit price on one line of one bill, often months after the last order. Comparing that by hand across dozens of invoices takes time few teams have.
How the price check works
For every reviewed invoice line with a verified net unit price, docveriq finds the most recent earlier invoice from the same verified supplier that has a line for the same item, compared like for like:
- the same SKU or item code,
- the same unit of measure and pack size, and
- the same currency.
If the new unit price is at least 10% higher, docveriq raises a price-increase finding. The potential amount is the increase per unit multiplied by the quantity on the newer invoice.
A worked example
Illustrative figures, not customer results.
| Invoice | Item | Unit | Quantity | Net unit price |
|---|---|---|---|---|
| March | Packing tape, 48 mm | Box of 36 | 10 | ₹200.00 |
| June | Packing tape, 48 mm | Box of 36 | 12 | ₹240.00 |
The June price is 20% higher than March, above the 10% threshold. docveriq flags it with a potential amount of ₹480.00 (₹40.00 × 12) and links both invoices so you can check them before raising it with the supplier.
Limits worth knowing
- Line items need an item code, unit of measure and a verified net price; lines without them are not compared.
- Different units, pack sizes or currencies are never compared, so a switch from boxes to single rolls will not raise a false increase.
- Each line is compared only with the most recent earlier comparable invoice, not with an average.
- Credit notes are excluded.
Questions, answered
What counts as a comparable invoice?
An earlier invoice from the same verified supplier, in the same currency, for the same SKU, unit of measure and pack size, with a verified net unit price.
Why 10%?
The current rule flags rises of 10% or more so that the review queue focuses on changes large enough to discuss. Smaller movements are not reported.
Are credit notes included?
No. Credit notes are excluded from price history and comparisons.