Mitigate Risk and Improve Supplier Compliance
After looking beyond the obvious, we conduct an in-depth review of your most complex supplier contracts. Our highly experienced auditors go a step further to identify the root cause of the problem. Using a secure technology-enabled approach, we then recommend contractual or process improvements that can lead to significant cost savings in the future.

What is Contract Compliance?
Keith Hosmer, PRGX Sr. Audit Manager, provides an overview of the PRGX contract compliance solution and how it can benefit companies across all industries, returning value back to your bottom line by making sure the deal you negotiated is the deal you received. Watch the video now to learn more!
Face These Challenges Head-On
Supplier Self-Reporting
Invoices submitted by your suppliers don’t always align with the intent in the agreed-upon contracts. In fact, some of the costliest overpayment errors stem from supplier self-reporting that is left unchecked. By conducting a thorough audit of your most complex contracts, we not only identify and recover funds lost, but provide you with insight to help:
- Mitigate risk through improved contract language
- Proactively address root causes leading to future cost savings
- Create a culture of audit oversight, encouraging compliance and deterring fraud
High Volume of Contracts
Today’s biggest companies transact business with thousands of vendors, most governed by one or more contracts. The purchase to pay environment is complex, and varied, which makes monitoring compliance to negotiated terms difficult. After selecting the most complex vendors and contracts to audit, we work transparently with them to identify gaps in compliance, iron out discrepancies, identify revenue leaks and recover lost profit.
Internal Issues
Organizational change and turnover, inexperienced personnel, outdated processes and controls coupled with ambiguous contract language contribute to lost contract value. Our highly skilled auditors have the expertise and experience to dig deep into a variety of complex contract types to evaluate compliance, identify gaps and opportunities for improvements, regardless of contract pricing mechanisms, including:
- Cost plus
- Time & materials
- Unit rate and lump sum
PRGX Solution Suite
- Recovery Audit
- Accounts Payable Recovery Audit
- Retail Merchandise Audit
- Advanced Analytics
Technology-Enabled Platform
News & Events
Find out what's happening at PRGX — recent success stories, educational resources, company news or product information.In any competitive market, profit margins are slim. For retailers and B2C firms, earning $10 million in pre-tax profit takes a lot of sales. Even more so for lower-margin wholesale...
Download Our White Paper: "Contract Audit: The Power of Prevention" Traditionally, supplier contract audits have focused on finding past billing errors and working to recoup funds, but times are changing....
Download Our White Paper: "How Artificial Intelligence And Machine Learning Are Transforming Recovery Audit" Explore how advanced analytics are shifting recovery audits from retrospective to preventative in our exciting...