How Data and Technology are Transforming Recovery Audit

Presented by

Greg Cory, Chief Product Officer | Amir Karuppaiah, Chief Technology Officer | Jin Ro, VP Advanced Analytics

About this talk

The one thing that is consistent about recovery audits is that they are a best practice for any organization managing their cash. However, what has changed in the last 50 years is the way audits are conducted, the speed at which the data can be consumed and the analytical insight that can be gained to support a business’s priorities. This webinar will provide an overview of how data and technology are transforming recovery audits and the impact this has on the Source-to-Pay (S2P) process by improving the speed, thoroughness and effectiveness of audits. As well as the additional value generation possible from the breadth & depth of the audit data & platform. Viewers will learn about the additional value generation from the breadth and depth of the audit data and a look into the technology being used to shift the audit process from recovery to preventative, including machine learning and artificial intelligence.

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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 nearly 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.