Case Study: a fashion retailer achieves $2.9M in recovery savings with PRGX merchandise recovery audit

Fashion Retailer - Customer Case Study

A fashion retailer faced significant challenges in maintaining payment accuracy and financial controls during a complex transition between two Enterprise Resource Planning (ERP) systems. To address this and identify savings opportunities, the company engaged PRGX for a merchandise profit recovery audit.

PRGX implemented a comprehensive solution that went beyond the audit to include contract compliance and vendor master data management. This approach uncovered a 0.4% error rate, leading to recovery savings of over $2.9 million from a reviewed spend of $6.8 billion. The work by PRGX also strengthened the retailer's underlying processes to prevent future profit leakage.