PRGX E-Book Demonstrates Why Recovery Audits Remain Essential in 2020
January 18 2021 - 9:00AM
PRGX Global, Inc. (Nasdaq: PRGX), a global leader in recovery audit
and spend analytics services, announced its e-book, “Why Recovery
Audit Remains Essential in 2020,” is now available for download
here.
While the number of remote work opportunities have increased
over the years, the rapid impact of the COVID-19 pandemic forced
many finance teams to pivot entirely to remote work overnight. The
chaos caused by these rapid changes raises the risk of invoice
errors, missed credits and overpayments – at a time when companies
are trying to maximize cash flow as much as possible.
Now, finance departments around the globe are adapting to this
new environment and applying lessons learned over the previous year
to improve source-to-pay processes and controls. As companies
prioritize cash flow and margin improvements, PRGX’s “Why Recovery
Audit Remains Essential in 2020” e-book offers key tips to:
- Create effective internal
partnerships and secure support from upper management;
- Enhance and expand recovery audit
techniques;
- Identify common errors, particularly
those that have increased due to COVID-19; and
- Implement transformation programs
and technology that drive recovery audit results.
“Last year presented a new level of change and uncertainty that
many of us have never experienced before, and it is unrealistic to
believe processing and payment errors have not occurred as a
result,” said Angie Holsen, Senior Director of Client Relationships
for PRGX. “To stay effective in uncertain times, it is essential
for companies to put collaboration and communication first so
issues can be identified, and resolved, quickly.”
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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