PRGX Presents Valuable Use Cases for Enriched Advanced Analytics in Source-to-Pay
January 14 2021 - 10:00AM
PRGX Global, Inc. (Nasdaq: PRGX), a global leader in recovery audit
and spend analytics services, announced its recent webinar,
“Valuable Use Cases for Enriched Advanced Analytics In S2P,” is now
available here.
The amount of data companies store, categorize
and analyze grows significantly each year. However, an
over-abundance of data can quickly lead to analysis paralysis and
make it difficult to capture critical insights and drive process
improvements. That is why it is important for data to be properly
aggregated, cleaned and classified so auditors can track patterns
and anomalies that help them identify and correct spend
leakage.
In “Valuable Use Cases for Enriched Advanced
Analytics in S2P,” two PRGX data and technology experts discussed
how advanced analytics and data enrichment can help companies
overcome common source-to-pay challenges. Featuring two real-world
use cases, the webinar demonstrates how improved data visibility
and fact-based analytics enhance business value and overall
results.
“Whether it is applied to factors such as True
Net Cost or Days Payable Outstanding, data enrichment and advanced
analytics have the power to transform how companies track,
categorize and analyze spend data,” said Daniel Ebert, Senior
Manager of Analytics for PRGX. “And while spend analytics are
helpful on their own, pairing them with a recovery audit or
contract compliance program creates new opportunities to identify
other potential profit leakage and correct it at its source.”
The webinar, which was hosted on Nov. 4, 2020,
is available here.
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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