Contract compliance

Emphasize prevention to shape smarter processes

Combine the data-driven speed of a Billing Compliance Audit with a deep-dive Supplier Contract Audit to improve long-term compliance and return value to the bottom line.

Combine the data-driven speed of a Billing Compliance Audit with a deep-dive Supplier Contract Audit to improve long-term compliance and return value to the bottom line.

A comprehensive approach with whole business health benefits

Preventive insights

We address the root cause of errors, preventing them from happening again. Our insights help to create a culture of audit oversight, improving transparency throughout the ecosystem.

Healthier margins

Funded by the recovery opportunities discovered — ranging from .25% to 5% — we’ll address your purchase-related commercial terms to return profit to the bottom line and identify future cost savings.

Stronger relationships

We know that the real value in source-to-pay operations exists in supplier relationships, so we prioritize striking a careful balance between strengthening these connections with recovering profits.

What is Contract Compliance?

Jim Albrecht, VP Contract Compliance Audit Operations, provides an overview of PRGX Contract Compliance and how it delivers vital working capital and root-cause insights to the business.

Complementary methodologies to contract compliance plus powerful technology equals maximum business health.

Download our PDF to learn more

How is Contract Compliance like a health check?

Angie Holsen, Regional VP, explains how PRGX helps deliver value for clients while strengthening relationships with suppliers.

Billing Compliance & Supplier Contract Audits Explained

Billing Compliance Audit: Lower touch, quicker results

A Billing Compliance Audit compares detailed purchase orders to submitted invoices at line-item detail to ensure agreed-upon terms and conditions are being met. At the same time, broad-based analysis of all commercial elements contained within contracts, including pricing, rebates and allowances, leaves no benefit unrealized.

Supplier Contract Audit: Deep and broad, maximum value and excellent insights

Typically applied to your most high-risk, complex contracts with higher spend volumes, a Supplier Contract Audit not only identifies and uncovers value but provides significant insights into how your contracts are being operationalized.

ElementsBilling Compliance AuditSupplier Contract Audit
Data Audited - PrimaryClientSupplier
Targeted SuppliersQuality in-house line-item data exists - Typically, direct spendHigh complexity/spend contracts and/or Quality in-house data doesn't exist - Typically indirect spend
Annual Supplier CoverageTypically, 50 to 100+Typically, 10 to 25+
Testing FocusPricing, rebates, allowancesAll material financial exposures
Range of Recoveries.25% to 1%.5% to 5%
Formally Announced AuditNeverAlways
Supplier InteractionLimitedRecurring & direct
Client InvolvementLighter touchKey governance and settlement roles
Pricing StructureAnnual programIndividual supplier

Why work with PRGX?

Experts at managing relationships, risk and recovery

We’ve worked with the world’s largest suppliers and know the value of good relationships. Our vendor-sensitive delivery approach means we work transparently with suppliers to identify improvements in compliance, smooth out discrepancies and recover revenue, whilst taking care of the relationship.

An industry leader for 50 years and counting

An industry leader with a track record spanning 50 years, we’ll do the heavy lifting on behalf of your procurement team to deep-dive on contract and billing compliance and deliver actionable insights other providers might miss. The resulting recommendations will enable your organization to reap the immediate benefits of recovered profits and the long-term health benefits of stronger processes.