PRGX Global Inc.

Many AP teams are facing a daunting workload of supplier inquiries and disputes. Find out what other companies are doing about it, and our 5-point plan to take back control. https://lnkd.in/excg_23g

?? Proactive, not reactive. Recovery audits have evolved, and so should your approach. AI and ML are are redefining how finance teams prevent overpayments, automate tasks, and build supplier trust. This isn’t just about finding errors, it’s about not making them in the first place. It's also about empowering AP teams do what they do best (and leaving the routine tasks to the algorithms). In this article, explore how AI and ML: ?? Turn recovery audits into forward-looking strategies ?? Automate repetitive tasks in Accounts Payable ?? Leverage decades of data for smarter decision-making ?? Streamline dispute resolution to enhance supplier relationships ?? We've also included helpful prompts you can use with LLMs to get the innovation process started. #FinanceInnovation #AIinFinance #RecoveryAudits #FinanceAutomation #SupplierRelationships

PRGX helps transform your source-to-pay performance—delivering cash recoveries, improved margins, and deeper insights, all while strengthening supplier relationships and driving efficiency. Are you ready to unlock the full potential of your data? https://lnkd.in/eBvtS27u #S2P #Procurement #Finance

Hey finance and procurement leaders... Great insights here about Recovery Audits. In this blog, PRGX Global Inc. dives deep into how AI and Machine Learning is adding new capabilities and value. At PRGX we blend data, analytics, and human expertise to identify overpayment errors. We also conduct extensive outreach to the supplier base to obtain statements of account, looking for un-applied or missed credits – finding funds due but not recorded in your accounting systems. Then we work closely with finance teams to investigate and identify root causes, validating claims, securing recoveries owed, and providing insights on process to stop leakage from happening in the first place. If you like what you see, reach out! https://lnkd.in/gYk753Wg

Exciting news—PRGX is now FSQS accredited! Simon L. has put together the key details explaining what this means for us and our clients: https://lnkd.in/e5cBFtmH

We certainly listen to our employees at PRGX Global Inc. ‘You said, we do’ ‘PRGX Voice’. Lots of employee initiatives stemming from our ‘Voice’ representatives on behalf of our employees, all rolled into one … One spin the Wheel that is. Many prizes won for employees with birthdays this month. Fun in the office. Great to see Mark Irwin our Vice President of Audit Operations thoroughly enjoying being the games host, and Nick Williams #employeemotivation #oneteam #wecare

The AP landscape is shifting. Finance teams face rising pressure to drive profits and efficiency. New automation technologies?may claim to streamline AP, but many fall short. Undetected errors can cost millions. PRGX?unlocks margin growth and does it with a low-hassle, comprehensive solution. To learn more: https://lnkd.in/eeGVgsge

Rising inflation, supplier costs and consumer needs have made it even more critical for grocers to gain full visibility of data and see the true cost of products to strengthen margins. PRGX Margin Insight empowers grocery merchandisers with granular supplier profitability intelligence to achieve true clarity for negotiations and growth. We leverage our data intelligence platform and 50+ years of industry learnings from retailers around the world to help you. Read more about how you can maximize profitability with true net cost data intelligence: https://lnkd.in/e_wtbUcY

?? The Landscape of Payment Practices in the UK Is Changing As the UK government introduces the Fair Payment Code, large businesses face new requirements for transparency in how they pay suppliers. ?? In this article, we break down the essentials: - The key challenges faced by SMEs, from administrative errors to delayed payments. - How the Fair Payment Code aims to level the playing field, with new Gold, Silver, and Bronze standards that incentivize faster payments. - Practical steps companies can take to meet these standards while building stronger, more reliable relationships with their suppliers. If you're navigating these changes or want to understand their impact, read more right here on LinkedIn! Your thoughts and insights are always welcome — how is your organization preparing for these changes? ??

PRGX turns financial data into margin expansion for the world’s largest companies. With our profit recovery services and data intelligence solutions, source-to-pay teams achieve immediate cash recoveries, as well as actionable insights for long-term cost savings. It’s why 75% of top global retailers and a third of the largest companies in the Fortune 500 rely on us. To learn more and speak with one of our experts: https://lnkd.in/e9bjcQDW