PRGX Sponsors New Ardent Partners White Paper on Enhancing the Value of Contract Compliance Programs
White paper provides CFOs, other finance leaders with best practices, checklist for best-in-class contract compliance programs
From human error to duplicate payments, there is a variety of issues that can result in the mismanagement or neglect of supplier contracts. Chief financial officers (CFOs) and other finance leaders looking to recover overpayments are turning to recovery audit and contract compliance programs as an effective solution.
Ardent Partners’ latest research, sponsored by PRGX, provides CFOs and other finance leaders with insights to help them better manage and understand their contract compliance programs, including:
- Best practices for contracting and contract management and compliance;
- How to construct a multi-stage plan to review supplier contracts, and eliminate erroneous and ambiguous contract language; and
- Steps to increase visibility into buyer-seller agreements and leverage preferred suppliers to reduce savings leakage.
“For many CFOs and finance leaders, having visibility into their company’s spending is critical. Introducing a new contract compliance program – or optimizing an existing contract compliance program – provides expanded visibility into spending, realizes greater savings and even outlines areas for improvement,” said
To download Ardent Partner’s latest white paper, please visit:
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 nearly 50 years ago, and today we help clients in more than 30 countries take back
Source: PRGX Global, Inc.