Technology-led Spend & Contract Analytics using Audit Data

Presented by

Jin Ro, Chief Analytics Officer, PRGX

About this talk

Recovery audit is a necessary and invaluable way to recover overpayments, duplicate payments, missing credits and other value due to your organization. To find these hidden gems, a wealth of data ranging from orders and invoices to payments and supplier contracts are collected and analyzed by PRGX. As a result, our focus on the innovation of technology driven data analytics, allows us to provide valuable data assets, transformed into a fast, intuitive and insightful web platform, back to the customer. This webinar will: - Explore the concept of ‘Day 1 Analytics’ – a unique combination of spend, contract and claim analytics at the vendor level. - Explain how our customers not only gain value from the initial recovery audit process, but how the data generates secondary value when it’s ingested, normalized, categorized and analyzed by PRGX’s proprietary Verigon technology platform.

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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