Case Study: Global Retailer achieves $1.3B in savings and recovery opportunities with PRGX

Global Retailer - Customer Case Study

The customer, a global retailer, faced challenges in managing working capital and gaining visibility into spend data across its fragmented regional operations. This led to inefficient processes, supplier management inconsistencies, and a lack of cash flow optimization. To address this, the retailer engaged PRGX for its Spend and Payment Insight solution and advisory services.

PRGX implemented a comprehensive program that deployed AI-powered analytics, AP transformation advisory, recovery audits, and a Supplier Information Management program. This initiative provided a unified view of data and applied best practices across the retailer's global operations. The results were significant, identifying $1.3 billion in total savings and recovery opportunities, which included over $30 million in annual recoveries and an estimated $300 million in spend savings.