4 Steps to Stop Profit Loss

4 Steps to Stop Profit Loss

Why you need a proactive, data-led approach to stop erroneous payments from going out the door.

 

4 Steps to Stop Profit Loss

From invoice errors to missed discounts, rebates and more, there are at least 300 ways the value you negotiated into your supplier contracts can quietly disappear.

Areas where profit leakage commonly occurs:

  • Duplicate and overpayments
  • Payment terms
  • Cash and early payment discounts
  • VAT and GST/escheatment avoidance
  • Freight and routing compliance

This PRGX infographic shows all the challenges that can drag you down and contribute to profit leakage – and the four steps to help you overcome them.

Download the infographic PDF here

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