Putting Your Data to Work for Better Profitability
Your Source-to-Pay cycle is full of rich, meaningful data. The challenge is to extract that data, rationalize it, analyze it and make it actionable. Whether you want to reduce costs, increase your bottom line, improve efficiency or find ways to better manage your suppliers, the team of data experts at PRGX can help you quickly reach your goals.
PRGX Advisory Services
Expert consulting and data services transform your Source-to-Pay cycle and then give you the ability to carry the strategies forward.Learn More
PRGX Source-to-Pay Analytics
Powerful tools that examine more than 300 potential points of leakage and deliver insights to help you buy more strategically and reduce your COGS.Learn More
PRGX Recovery Audit
Beyond reports on where to improve, we’ll develop comprehensive strategies for long-term, high-impact process improvements.Learn More
PRGX Supplier Services
We help you manage supplier information and deduction resolution so you can optimize supplier value and support better decision making across your entire enterprise.Learn More
Rich Data & Data Processing
We use proprietary tools built on leading-edge technologies to quickly ingest, enrich and transform large amounts of structured and unstructured data. We can get you from analysis to results rapidly and efficiently.
Deep Industry Experience
We have more than 40 years of experience and expertise that leverage inside knowledge of suppliers and Source-to-Pay cycles, and we have identified more than 300 potential points of leakage. Whatever challenges you face, it’s likely that we’ve helped another company solve those very same issues.
Leading-Edge SaaS Tools
The PRGX Optix™ platform gives us — and you — the ability to drill-down to specific procurement categories, vendors and items and provides a clear “chain of evidence” that links back to the original deal system, a buyer-supplier email or a trading agreement.
Expert Advisory Team
Our experienced and knowledgeable global advisory team helps you develop the strategies you need to turn your analytics into long-term, bottom-line value.
While overpayments are not entirely avoidable, PRGX’s highly skilled auditors can help recover overpayments of .1% – .3% of total spend.
Before you can improve your spend, it’s critical to understand exactly what you’re spending and in what ways.
Working Capital Optimization
An appropriate level of working capital is an absolute necessity for every business. Not only do you need the financial wherewithal to cover your day-to-day operating expenses and invest in growth, but you need to be prepared for unexpected costs.
Fact-Based Supplier Negotiations
Getting the most favorable terms in supplier negotiations requires you to be armed with comprehensive and meaningful data. PRGX can help you understand precisely what you are paying across categories and geographies to inform negotiations and help reduce COGS.
Improving Supplier Communications
You may think that vendor portals are not much more than repositories for supplier information. If so, you are missing out on the tremendous benefits PRGX’s Supplier Information Management (SIM) solution delivers to improve supplier outreach and communication.
[video width="1280" height="720" mp4="https://www.prgx.com/wp-content/uploads/2018/11/A-Data-Driven-Approach-to-Strategic-Sourcing.mp4"][/video] Leakage occurs throughout the Source to Pay process and choices at the beginning often dictate how efficient the overall process flows. Your sourcing organization is critical...
Download Our Whitepaper Read more about: "Supplier Collaboration and Automation"
[video width="1920" height="1080" mp4="https://www.prgx.com/wp-content/uploads/2018/10/Recording-1.mp4"][/video] Many challenges exist in the Source-to-Pay (S2P) cycle. Companies are constantly challenged to find new efficiencies, identify leakage points to capture savings, and...