PRGX Helps Retailers Optimize Recovery Audit Programs to Maximize Profit Returns and Investment
07 Octobre 2020 - 7:00PM
PRGX Global, Inc. (Nasdaq: PRGX), a global leader in recovery audit
and spend analytics services, announced its recent webinar, “Retail
Best Practices for Optimizing your Recovery Audit Program,” is now
available here.
Retailers are increasingly using rebates, promotions, discounts
and loyalty programs to drive revenue and customer engagement. But
it remains a challenge for retailers to track and account for each
of these programs within their source-to-pay cycle. While overall
sales may increase, valuable profit is left on the table
unaccounted for.
PRGX’s “Retail Best Practices for Optimizing your Recovery Audit
Program” webinar examines four key areas of a recovery audit and
how finance professionals can optimize program performance,
specifically:
- Audit Guidelines and
Framework: New standards for audit program
procedures that maximize efficiency and returns;
- The Audit Timeline: Strategies to accelerate
retailers’ audit timeline and turnover schedules;
- Supplier Management: How retailers can remove
vendor friction and create collaborative, positive vendor
relationships; and
- Audit Expansion: Emerging audit concepts and
processes to expand audit scope.
“Retailer merchandise recovery audits are a
powerful tool for retailers to recapture lost profit and optimize
source-to-pay performance,” said Alliston Duncan, Senior Audit
Director for PRGX. “Our webinar helps retailers ensure they are
maximizing the resources and time invested into their recovery
audit program, and in turn, the dollars brought back to their
bottom lines.”
The webinar, which was hosted on Sept. 24, 2020,
is available here:
https://www.prgx.com/resources/retail-best-practices-for-optimizing-your-recovery-audit-program/.
About PRGX PRGX helps companies
spot value in their source-to-pay processes that other
sophisticated solutions didn’t get to before. Having identified
more than 300 common points of leakage, we help companies reach
wider, dig deeper, and act faster to get more value out of their
source-to-pay data. We pioneered this industry 50 years ago, and
today we help clients in more than 30 countries take back $1.2
billion in annual cash flow. It’s why 75% of top global retailers
and a third of the largest companies in the Fortune 500 rely on us.
For additional information on PRGX, please visit www.prgx.com.
Media Contact: Jacob HamiltonArketi
Groupjhamilton@arketi.com
PRGX Global (NASDAQ:PRGX)
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