ATLANTA, Dec. 08, 2017 (GLOBE NEWSWIRE) — PRGX Global, Inc. (Nasdaq:PRGX), a global leader in Recovery Audit and Spend Analytics services, today announced Tushar Sachdev, Chief Information Officer of PRGX, was awarded the 2017 CIO of the Year ORBIE Award for organizations up to $500 million in revenue.
This prestigious award is presented annually by The Georgia CIO Leadership Association (GeorgiaCIO). “The individuals who have earned these awards are the best and brightest leaders – not just within Georgia chief information officers, but in the categories they represent,” said Tamara Lopata, Executive Director of GeorgiaCIO. “In today’s interconnected world, organizations that win in the marketplace benefit from the superior strategic planning and day-to-day execution these CIOs bring to the table.”
PRGX is a technology and data-driven company. Tushar has been instrumental in driving the continued evolution of the company’s service offerings and positioning PRGX as a procure-to-pay industry leader. During his tenure, Tushar has also led the deployment of technologies to improve delivery times for audits and deepen the analytical insights that PRGX is able to provide to clients.
“We are pleased that GeorgiaCIO recognized Tushar’s leadership and accomplishments,” said Ron Stewart, President and Chief Executive Officer of PRGX. “Tushar is a valued member of the PRGX leadership team and we have no doubt he will continue to help us evolve our portfolio of services so that we can broaden the relationships we have with our clients.”
PRGX Global, Inc. is a global leader in Recovery Audit and Spend Analytics services. With over 1,500 employees, the Company serves clients in more than 30 countries and provides its services to 75% of the top 20 global retailers and over 30% of the top 50 companies in the Fortune 500. PRGX delivers more than $1 billion in cash flow improvement for its clients each year. The creator of the recovery audit industry more than 40 years ago, PRGX continues to innovate through technology and expanded service offerings. In addition to Recovery Audit, the Company provides Contract Compliance, Spend Analytics and Supplier Information Management services to improve clients’ financial performance and manage risk. For additional information on PRGX, please visit www.prgx.com.
In addition to historical information, this press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include both implied and express statements regarding the Company’s overall condition, growth prospects and market leadership, the Company’s execution of its transformation strategy, the Company’s investments in, and opportunities associated with, its growth platforms, including its analytics and supplier information services businesses. Such forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from the historical results or from any results expressed or implied by such forward-looking statements. Risks that could affect the Company’s future performance include revenue that does not meet expectations or justify costs incurred, the Company’s ability to develop material sources of new revenue in addition to revenue from its core recovery audit services, changes in the market for the Company’s services, the Company’s ability to retain and attract qualified personnel, the Company’s ability to integrate recent and future acquisitions, uncertainty in the credit markets, the Company’s ability to maintain compliance with its financial covenants, client bankruptcies, loss of major clients, and other risks generally applicable to the Company’s business. For a discussion of other risk factors that may impact the Company’s business, please see the Company’s filings with the Securities and Exchange Commission, including its Form 10-K filed on March 16, 2017. The Company disclaims any obligation or duty to update or modify these forward-looking statements.