PRGX E-Book Demonstrates Why Recovery Audits Remain Essential in 2020
While the number of remote work opportunities have increased over the years, the rapid impact of the COVID-19 pandemic forced many finance teams to pivot entirely to remote work overnight. The chaos caused by these rapid changes raises the risk of invoice errors, missed credits and overpayments – at a time when companies are trying to maximize cash flow as much as possible.
Now, finance departments around the globe are adapting to this new environment and applying lessons learned over the previous year to improve source-to-pay processes and controls. As companies prioritize cash flow and margin improvements, PRGX’s “Why Recovery Audit Remains Essential in 2020” e-book offers key tips to:
- Create effective internal partnerships and secure support from upper management;
- Enhance and expand recovery audit techniques;
- Identify common errors, particularly those that have increased due to COVID-19; and
- Implement transformation programs and technology that drive recovery audit results.
“Last year presented a new level of change and uncertainty that many of us have never experienced before, and it is unrealistic to believe processing and payment errors have not occurred as a result,” said
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
Source: PRGX Global, Inc.
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Victor A. Allums
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