Natural Resources, Energy & Utilities

The Resources to Invest in Business Growth

Staying competitive requires significant and continuous investment back into your business. But, process inefficiency and financial waste limit the ability to identify capital for Capex, expansion, upgrades and any other necessary investments. PRGX can help bring visibility and efficiency to Source-to-Pay processes and help better manage and negotiate with suppliers, freeing up working capital.

Free Up More Working Capital

Whether through a traditional Cost Recovery Audit, a Supplier Contract Compliance Audit or Supplier Information Management, we can help identify sources of profit leakage, validate supplier compliance with contracts and reduce exposure and risk.

Business Challenges for Natural Resources, Energy & Utilities Companies

Significant Capital Requirements

From a heavy reliance on contracted labor to the high costs of equipment maintenance and repair, you need a steady stream of capital to stay on top of the day-to-day needs of the business.

Contract Compliance

Making sure your suppliers are adhering to your contracted terms is a monumental task and non-compliance can be a source of major financial leakage.

Capex Demands

Staying a step ahead of the competition requires continuous investment in geographic expansion, new technologies and R&D. And that investment demands a strong cash position.

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How PRGX Helps

Cash Chain Optimization

PRGX’s fact-based approach combines data with our deep industry benchmarking and analytical capabilities to provide visibility into current payment terms across suppliers, categories and business units. We’ll uncover optimization opportunities in three key areas:

Days Payable Outstanding
Ensure a long and standard payable cycle while meeting on-time expectations

Days Sales Outstanding
Fulfill orders and achieve payments in the quickest possible manner

Days Inventory Outstanding
Manage inventory to meet demand while minimizing holding and transfer costs

Recovery Audit

Built to recover overpayments, we’ll help analyze more than 250 potential points of leakage including merchandising, accounts payable and contract compliance.

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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  
  • M&A Services
  • Cash Chain Optimization
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Supplier Information Services

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

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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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