PRGX Demonstrates How Retailers Can Reinvent Recovery Audits with a Preventive Approach
June 08 2020 - 3:29PM
PRGX Global, Inc. (Nasdaq: PRGX), a global leader in Recovery Audit
and Spend Analytics services, announced its upcoming webinar,
“Reinventing Recovery Audit for Today’s Retail Environment,” which
will be held on Tuesday, June 9 at 11:00 am EST.
Historically, recovery audit has served as a
reliable stopgap for retailers to ensure profit leakage is
identified and recaptured. However, in today’s retail environment,
it is more critical than ever to ensure processes and systems are
working properly. Without robust controls and in-depth
source-to-pay visibility, retailers open the door to potential
profit loss and accounting errors.
Designed to help finance and procurement
professionals optimize their recovery audit programs, PRGX’s
Reinventing Recovery Audit webinar will outline how retailers can
move from a contingency, fee-oriented recovery audit to an error
prevention solution. This approach helps companies identify leakage
prior to payment and create a preventive recovery audit program.
“Identifying and correcting payment and billing errors in real
time allows companies to identify profit leakage prior to the
payment being made,” said Ron Stewart, PRGX President and CEO.
“This preventive approach preserves working capital and avoids
abrasion of suppliers.”
To register for the webinar, visit
https://www.brighttalk.com/webcast/17946/412083.
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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