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High volume transactions, rapidly fluctuating prices, numerous suppliers, special deals, promotions, rebates. It's no wonder the leading mass merchandisers look to PRG-Schultz to supplement their own internal auditing processes to recover any potential overpayments or under-deductions from suppliers. And consider this: today's mass merchandiser often houses many other types of retailing environments under the same roof - grocery, drug, movie rental, eye care. Here, our mass merchandiser clients tap PRG-Schultz's extensive knowledge of all retailing payment processes, making their transition into new markets that much simpler.
Does it work? We recovered $350 million for our mass merchandiser clients last year. Our client list includes 14 of the top 20 mass retailers, and our team reviewed over 90% of the industry's overall volume last year. The world leader in recovery auditing is clearly the auditing partner of choice for mass retailers.
While performing a recovery review for a major discount retailer, a team of PRG-Schultz auditors found that a supplier of window treatments had overcharged this client for an entire year.
In addition, the client had been paying the supplier the full retail costs of the window treatments, (not the wholesale costs). The lead PRG-Schultz auditor alerted the client to both of these findings and facilitated the recovery of more than $500,000.
70% of the Top 25 U.S. Retailers
For a client reference, please contact us.
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