PRGX Showcases How the Combination of Recovery Audit and Spend Analytics Can Help Companies Achieve Greater Source-to-Pay Con...
August 19 2020 - 10:08AM
PRGX Global, Inc. (Nasdaq: PRGX), a global leader in recovery audit
and spend analytics services, announced two new webinars are now
available for viewing.
While the process and methods of recovery audit
has changed greatly over the last 50 years, the recovery audit
still remains a necessary best practice for organizations looking
to optimize their finances. Most notably, the speed, use of latest
technology and breadth of analytical insights of recovery audit
have all contributed to this evolution.
Two of PRGX’s recent webinars focus on the
evolution of recovery audit and provide insight into how companies
are leveraging it:
- Offering actionable steps to leverage recovery audit data,
PRGX’s “How Spend Analytics Complement a Recovery Audit” webinar
demonstrates how finance professionals can improve visibility into
their total source-to-pay spend. In addition, the webinar addresses
how auditors can centralize source-to-pay data for all its global
vendors and categories, identify leakage points in near real time,
and address common non-compliance issues.
- “How Data and Technology are Transforming Recovery Audit”
provides an overview of how data and technology are transforming
recovery audits and the impact this has on the Source-to-Pay (S2P)
process by improving the speed, thoroughness and effectiveness of
audits, as well as the additional value generation possible from
the breadth and depth of the audit data and platform.
“While the significant increase in the use of
various finance and enterprise resource planning platforms has
helped companies improve overall operations, the connected data
visibility into all those separate platforms is equally important,”
said Jin Ro, PRGX Chief Analytics Officer. “By combining recovery
audit and spend data into a centralized location, finance
professionals can dig deeper to uncover potential profit leakage
and correct them at the source.”
To view each webinar, please visit:
- “How Spend Analytics Complement a Recovery Audit”:
https://www.prgx.com/resources/how-spend-analytics-complement-a-recovery-audit/
- “How Data and Technology are Transforming Recovery Audit”:
https://www.prgx.com/resources/how-data-and-technology-are-transforming-recovery-audit/
About PRGX PRGX helps companies spot value in
their source-to-pay processes that other sophisticated solutions
didn’t get to before. Having identified more than 300 common points
of leakage, we help companies reach wider, dig deeper, and act
faster to get more value out of their source-to-pay data. We
pioneered this industry 50 years ago, and today we help clients in
more than 30 countries take back $1.2 billion in annual cash flow.
It’s why 75% of top global retailers and a third of the largest
companies in the Fortune 500 rely on us. For additional information
on PRGX, please visit www.prgx.com.
Media Contact: Jamee NelsonPRGX Global, Inc.
770.779.3213Jamee.Nelson@prgx.com
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