Procurement

Improve Purchasing Efficiency & Reduce Risk

Reduced cost is just the beginning of the value that procurement can provide to the organizations. Better managing suppliers, recovering overpayments and enforcing contract compliance also contribute to value expectations. PRGX provides the mission-critical services required to perform better and generate more value.

Improve Sourcing Intelligence

We help our clients purchase intelligently, identify ongoing cost savings, and mitigate a number of non-compliance risks through our Contract Compliance Recovery Audit, Spend Analysis, and Supplier Information Services.

Business Challenges Faced by Procurement Today

Only Looking Backward

Many teams review what has happened in prior negotiations, but lack the go-forward strategies to negotiate better costs and terms.

Disconnected Data

Across banners, geographies or even categories, when your teams don’t use the same systems, it’s impossible for the right hand to know (and leverage) what the left is doing.

Supplier Relations

From basic supplier communication to managing critical contract compliance, procurement teams often lack the tools and strategies to keep supplier relationships on track.  

PRGX Solutions

Supplier Services

High-quality supplier data is critical to achieving procurement strategies. We can help design and implement a supplier data management strategy reducing risk, maintaining compliance and improving spend management.

PRGX Supplier Information Management
Organize and manage comprehensive supplier information while maximizing supplier engagement and data quality across a global supplier base to minimize risk and increase efficiency. 

Deduction Management
Automate your process to improve efficiency and bring better visibility to dispute data. You’ll experience increased accuracy, reduced dispute resolution costs and improved supplier relationships.

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Advisory Services

Armed with the right facts and statistics, we regularly help our clients drive inefficiency out of their Source-to-Pay cycle and uncover hidden profits. We also deliver non-software-based services such as Item-Level Cost Harmonization.

  • Source-to-Pay Assessments & Strategy
  • Category Excellence
  • M&A Services
  • Merchandising Margin Improvement
  • Working Capital Optimization
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Contract Compliance Audit

We can help reduce contractual risks and maximize supplier performance, focusing on the suppliers and contracts that present the greatest risks. You’ll get maximized returns, reduced risk and insights that improve supplier contract management and controls moving forward.

  • Supplier Contracts
  • Capex & Construction
  • Channel
  • Advertising & Marketing
  • Licensing Contracts
  • Prepayment Review
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