Shrinking state budgets, declining asset performance and tougher-than-typical fundraising has forced educational institutions into a mode corporate leaders have known all too well: do more, with less. PRG-Schultz has applied our unmatched experience and expertise in delivering transaction assurance services to serve as an ideal internal auditing partner for dozens of the largest public and private educational institutions.

Not only are we familiar with reviewing fund accounting systems for overlooked payment inconsistencies, we also provide a no-risk method for educational institutions to get an interdepartmental overview of their spending patterns. We're adept at aggregating and manipulating large data sets from all types of financial systems, so we can compile all of the data from all your departments to provide you a holistic audit and, maybe for the first time, a top-level analysis of your institution's spend. Does it work? We've chalked up about $7 million in recoveries at educational organizations in just the past few years. These types of results may have led to a recent clarification by the Federal government on OMB Circular A-87, clearly allowing for contingency fees as part of recovered overpayments charged to their programs.

For a client reference, please contact us.