PRGX Helps Retailers Optimize Recovery Audit Programs to Maximize Profit Returns and Investment
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
The webinar, which was hosted on
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.
Financial Community Information
Inquiries from institutional investors, financial analysts, registered representatives, portfolio managers and individual shareholders should be directed to:
PRGX Global, Inc.
600 Galleria Parkway
Atlanta, GA 30339
Victor A. Allums
Phone: (770) 779-3011
BDO USA, LLP