Realizing the Full Potential of Recovery Audits Through Technology and Spend Analytics
November 02 2020 - 10:00AM
PRGX Global, Inc. (Nasdaq: PRGX), a global leader in Recovery Audit
and Spend Analytics services, announced two spend analytics and
recovery audit whitepapers are available for download.
Across almost all industries, companies face the significant
challenge of recovering profit leakage and maintaining supplier
relations, while also aggregating, cleaning and classifying spend
data across multiple decentralized systems and platforms. Without
the proper resources, this level of complexity can hinder
operations and create process gaps that result in millions of
dollars in lost profit.
PRGX’s latest whitepapers are designed to help finance
professionals better leverage technology and data to reinforce
their recovery audit programs and gain a deeper view into their
source-to-pay processes. The white papers include:
- “Spend Analytics: The Perfect
Complement to Your Recovery Audit Program,” which outlines how
companies can combine recovery audit data and advanced analytics to
improve spend visibility; and
- “How Artificial Intelligence and
Machine Learning Are Transforming Recovery Audit,” an in-depth
analysis of technology’s benefits and role throughout the recovery
audit process.
“New technology enables companies to capture more data than ever
before, and although invaluable, the sheer volume of data can
overwhelm finance and procurement departments,” said Greg Cory,
Chief Product Officer for PRGX. “Our latest whitepapers include
helpful information and tools for finance leaders looking to adopt
a deeper, wider view of their spend efficiency.”
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: Jacob HamiltonArketi
Groupjhamilton@arketi.com
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