Proactively optimize & initiate deals on the best terms
Ready to get strategic? PRGX Contract Optimization turns all your disparate supplier contracts into an efficient, value-driving ecosystem aligned to your company’s needs.
Get StartedReady to get strategic? PRGX Contract Optimization turns all your disparate supplier contracts into an efficient, value-driving ecosystem aligned to your company’s needs.
Our approach to Contract Optimization
Aided by secure AI technology, our experts take findings from across your existing supplier deals, and use them to craft best-in-class terms that generate new value for your business, and prevent future value erosion.
1.
Identify Issues
Our team will extract thousands of terms from your current contracts to quickly find structural inefficiencies, and analyze for unfavorable language that can be enhanced.
2.
Create Value
We’ll add the best performing terms proven to deliver more favorable benefits and prevent leaks, while working with you to ensure any restructured deals are aligned with your objectives.
3.
Apply Learnings
We’ll take lessons from your current deals and apply them to any new ones, proactively plugging gaps and creating a cohesive contract ecosystem that delivers ongoing value.
How our Contract Optimization will benefit your business
Implement Best Practices
The insights gained during our optimization process can help you refine your overall approach to contracts, and improve your relationship with suppliers.
Curb Future Leakage
With better terms and restructured deals, you proactively plug gaps before they can impact your company’s bottom line.
Reduce Recurring Errors
We work to eliminate or reshape unclear and inefficient terms that cause compliance issues and financial loss.
Support Ongoing Improvements
We look back at agreements to check for any further optimization opportunities, and ensure that all terms are up-to-date and still delivering maximum value.
Ready for holistic contract management?
Explore our other solutions or see an overview
See how our Contract Optimization solution can help your business
