We’re less than one week away from one of the busiest shopping weekends of the year—shaping retail trends across the U.S. and beyond. In 2024, 197 million shoppers hit stores and websites during Thanksgiving to Cyber Monday. With revenue stakes this high, errors and losses aren't an option. Download The Retailer’s Holiday Readiness Guide 2025 to learn how to: ☑️ Prevent revenue leakage during peak shopping periods ☑️Optimize promotional funding and pricing programs ☑️Detect vendor payment fraud before it impacts your bottom line ☑️Reduce costly returns and capture vendor credits ☑️Leverage technology for profit recovery and a seamless season Equip your team to maximize revenue and minimize errors this holiday season. The stakes are high—are you ready? https://lnkd.in/gpWPX8x4
PRGX Global Inc.
Financial Services
Atlanta, Georgia 24,823 followers
Putting S2P Analytics at the Heart of Business Health
About us
PRGX ensures the integrity of the S2P process. For over 50 years, PRGX has built deep exertise and advanced technology to deliver the broadest suite of Source-to-Pay (S2P) services and solutions that identify and recover more value from finance and procurement data. With our proprietary AI algorithms and claims management platform, we transform over 7 petabytes of client data each year into real-time insights, improved efficiencies, and incremental cash flow. PRGX pioneered profit recovery, and is now the global leader in S2P data intelligence and margin expansion. Operating in 30 countries, we empower clients to recover $2 billion in annual cash flow while strengthening key supplier relationships. Our industry-leading global reach, deep vertical expertise, and unwavering focus on client success ensure we seamlessly integrate into each client’s culture, providing root-cause insights that foster healthier, more resilient businesses. From proactive error detection to contract optimization, our next-gen tech advantage helps maximize savings and transform processes. With a steadfast commitment to privacy and security, PRGX provides the insights and confidence you need to thrive in today’s complex global economy.
- Website
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http://www.prgx.com
External link for PRGX Global Inc.
- Industry
- Financial Services
- Company size
- 1,001-5,000 employees
- Headquarters
- Atlanta, Georgia
- Type
- Privately Held
- Founded
- 1970
- Specialties
- Recovery Audit, Contract Compliance, S2P Analytics, Retail Data Transformation, Procurement + Spend Management, Vendor Master Maintenance, Merchandise Optimization, Payment Analytics, Spend Analytics, Big Data, Profit Recovery, Contract Audit, and Supplier Relationships
Products
Supplier Connect
Supplier Relationship Management (SRM) Software
Supplier Connect is an invoice inquiry and dispute management platform that streamlines supplier payments and resolutions. Supplier Connect delivers seamless self-service for suppliers with a centralized portal for submitting inquiries, checking on payment status, uploading documentation, and providing a single source of truth for both retailers and suppliers. Supplier Connect integrates with ERPs, procurement platforms, and financial tools to make the deduction dispute, inquiry, and payment process cohesive and easy to use. Data feeds into the platform, tying communications directly to their related invoices, speeding up resolution times by 80% and gets these critical communications out of email inboxes. AI workflows prioritize queues on advanced criteria such as duplicate probability and approved invoices are sent to your ERP to be processed. Learn more about Supplier Connect at prgx.com/getconnected
Locations
Employees at PRGX Global Inc.
Updates
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When contract managers start coming to you for compliance help, you know you're building something right. Keith Rosser from the John Lewis Partnership shared this powerful insight during our recent CIPS webinar about their Contract Compliance Program with PRGX: "We've had two different contract managers come to us and say, 'Oh, we've got this. I wonder if you can help.' They've come to us. That's always quite a good sign." This shift from push to pull demonstrates the real value of partnering with a third party for contract compliance – having the capability and resources ready to deliver when your business needs it most. Watch Keith discuss how the right contract compliance program creates internal advocates ⬇️ #ContractManagement #ContractCompliance #Procurement #SourceToPay #CIPS
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Companies face intense pressure to cut costs—and with 60–75% of spend tied to supplier contracts, the savings potential is huge. Join PRGX's Amit Dingare and Briceson Jones to learn best practices for Contract Compliance & Optimization and see how AI + expert insights uncover hidden savings—backed by real-world examples.
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Holiday Season = High Volume, High Risk The holiday shopping season often accounts for up to 20% of annual revenue and only lasts a few months. With increased sales come higher invoice volumes, more shipments, and tighter timelines—creating conditions where errors like missed details or duplicate payments can easily occur. For AP teams, this surge also means more supplier inquiries and disputes, which can quickly overwhelm resources. 5 Steps to Stem the Tide of Inquiries and Disputes: ☑️ Embed Built-in Governance – Centralize workflows, rules, and dispute protocols to prevent inefficiency. ☑️ Drive Vendor Self-Service – Use a portal that gives suppliers real-time visibility into invoice and payment status, reducing repetitive inquiries. ☑️ Leverage AI and Machine Learning – Automate simple responses, triage complex queries, and predict dispute validity to cut unnecessary repayments. ☑️ Monitor and Report – Track systemic issues and root causes with reporting tools, so problems can be fixed upstream. ☑️ Enhance the Supplier Experience – Shift from conflict to collaboration by streamlining processes and focusing on timely, accurate payments. Tools like PRGX Supplier Connect™ make these steps easier by providing a single source of truth and automating dispute resolution—helping AP teams reduce inquiries, avoid unnecessary repayments, and strengthen supplier relationships. Read the blog or download the whitepaper for more details: AP Teams: https://lnkd.in/excg_23g #AccountsPayable #SupplierManagement #HolidaySeason #SupplierConnect
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Where Do AP Recovery Audits Deliver the Biggest Impact? When AP teams process an average of over 20,000 automated invoices per FTE annually, even a 1–3% error rate can quietly drain millions. That’s why recovery audits often return $1M for every $1B in supplier spend—and every industry has its own risk profile. Here’s how different sectors face unique challenges: ☑️ Retail & CPG – Complex seasonal pricing, promotional billing, and high transaction volumes across multi-vendor relationships create frequent overpayment opportunities. ☑️ Manufacturing – Intricate supply chains with extensive supplier contracts require compliance monitoring, creating multiple opportunities for duplicate payments and contract discrepancies. ☑️ Construction – Million-dollar daily costs across countless vendors, with change orders and project modifications frequently leading to billing errors. Benefits from pre-project, in-flight, and post-project audit approaches. ☑️ Financial Services – High-volume vendor payments under shifting regulations demand strict financial controls and systematic error detection. ☑️ Oil & Gas – Extensive projects with specialized equipment and complex joint ventures benefit from systematic overpayment identification. ☑️ Telecommunications – High capex needs and outsourcing create transaction inefficiencies, limiting capital for network expansion and technology upgrades. ☑️ Utilities – Cyber risks and regulatory scrutiny require working capital optimization through improved source-to-pay processes. ☑️ Pharmaceuticals – Extreme funding requirements and regulatory oversight make recovery services critical for unlocking hidden value in complex payment structures. ☑️ Media & Entertainment – Must balance competitive pressures and escalating operational costs with recovery audits helping navigate evolving market demands. Bottom line: If your company manages high supplier spend or complex vendor relationships, an AP recovery audit is one of the most effective ways to protect profits and strengthen financial controls. Curious what this looks like for your industry? Let’s connect. Or learn more about it in this AP Audit Recovery Guide: https://lnkd.in/eUf7_iv9
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Source-to-Pay errors don’t just happen—they stem from common challenges that every procurement and AP team faces. The good news? Each challenge has a clear path to resolution. ✅ Highly Complex Procurement Process: Simplify and optimize workflows ✅ High Transaction Volume: Build a resilient, scalable infrastructure ✅ Siloed Business Functions: Use collaborative platforms and cross-functional teams ✅ Organizational Changes: Apply an agile procurement process ✅ Supplier Changes: Make communication the cornerstone of error prevention ✅ Personnel Turnover: Mitigate through effective knowledge transfer ✅ Incomplete or Conflicting Invoicing Instructions: Ensure transparency in the invoicing process ✅ Varying Locations, Platforms, and Processes: Implement consistent processes across locations and platforms ✅ Human Error: Invest in continuous education programs Addressing these challenges not only reduces errors—it also unlocks hidden value. AP Recovery Audits help organizations recover lost dollars while strengthening Source-to-Pay processes. Which of these is your biggest challenge today? Explore more insights on Source-to-Pay challenges and best practices: https://lnkd.in/eMDakKHa #SourceToPay #ProcurementEfficiency #ContinuousImprovement #BusinessOperations #SupplierManagment #AccountsPayable
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Are Your 3PL Contracts Hiding Costly Errors? 67% of 3PLs use outdated tech. 58% struggle with integration. 90% of Fortune 500 companies relying on these partnerships. Retail giants represent approximately 30% of the 3PL market. For these retailers that means possible risks—incorrect lane rates, unpaid volume discounts, duplicate payments, and more. One global retailer partnered with PRGX Contract Management to uncover these issues and achieved: ✅ 0.1–0.5% cash recovery ✅ Smarter contracts for future savings ✅ Visibility across complex international logistics Don’t let inefficiencies drain your bottom line. Learn how PRGX turns contracts into value: https://lnkd.in/gKBj2YkH #ContractManagement #Retail #3PL #SupplyChain #CostRecovery
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PRGX Global Inc. reposted this
You invest months creating contracts—but how much time do you spend ensuring they actually deliver? That's the gap where millions in value can get lost. Contract Compliance is where effort turns into value to prevent leakage. After years of contract compliance audits, I've seen a pattern: agreements fail not because they were poorly negotiated, but because they weren't managed. Here's what actually protects value: - Get the language right. Clarity is everything. Contracts succeed or fail on how clearly they're written. Ambiguous wording leads to billing errors and misaligned expectations. - Align parties on terms, writing the contract isn't enough. Everyone must understand it. Define financial mechanics clearly like markups and pass throughs. - Ensure accountability. Control what you can't afford to lose. Store agreements in secure central repositories. Too often, we can't locate contracts when needed—sometimes even suppliers don't have their copies. - Embed governance - this isn't optional for critical suppliers. Schedule regular reviews, track SLAs and KPIs. For your biggest partners, you should be all over this. - Continuous monitoring as compliance is ongoing, not a one-time event. Keep communication flowing throughout the contract lifecycle. Proactive engagement strengthens partnerships while balancing supplier profitability with transparency. Want to dive deeper? Check out our recent webinar, “Saving Millions on Supplier Contracts with AI-Powered Contract Compliance and Negotiation.” https://lnkd.in/dDPPU-9e
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Labor Service Providers: A High-Risk Category with High-Value Opportunities. Labor is one of the most complex spend categories to manage. When contracts involve layered markups, multiple roles, and decentralized oversight, even well-run programs can miss value. PRGX Global Inc. reviewed $76M in labor spend for a leading logistics firm, uncovering $7.3M in corrective actions and delivering $5M in cash recoveries. This Contract Compliance audit also led to smarter contract terms—helping the client avoid over $10M in future costs. Read the case study to see how PRGX Contract Compliance can unlock both real recovery and long-term value: https://lnkd.in/gkK6EQMa #ContractCompliance #LaborSpend #ServiceProviders #PRGX #CostRecovery #FutureSavings #SupplierAudit #SpendVisibility
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Construction Projects: Forecast Smarter, Spend Smarter Did you know that 75% of construction projects in the US and Canada go over budget—and 77% are delayed by an average of 70 days? In a high-stakes industry where every delay compounds labor, equipment, and opportunity costs, forecasting accuracy is everything. In this blog, PRGX Global Inc. explores how construction project audits can: ☑️ Identify recurring cost patterns ☑️ Improve future forecasting accuracy ☑️ Transform contracts into evidence-based management tools ☑️ Help select contractors based on performance—not just proposals A 30-day delay on a $10M project can add $300K+ in labor costs alone. That’s why smarter audits aren’t just about recovery—they’re about strategic intelligence. Read the full blog: https://lnkd.in/gWTCXAAT #ConstructionAudits #ProjectForecasting #ContractManagement #PRGX #CostRecovery #StrategicSourcing #ConstructionRisk #ProcurementStrategy #CapitalProjects