Case Study: a major M&A consulting company achieves $10.8M in savings with PRGX Contract Management Services

Major M&A Consulting Company - Customer Case Study

The customer, a major M&A consulting company, faced the challenge of managing a complex $450M global contract with a single supplier. With multiple statements of work spanning different geographies and currencies, ensuring billing accuracy was critical yet error-prone. They engaged PRGX and its AI-powered Contract Management services to review the contracts and identify discrepancies.

PRGX's solution utilized its Contracts Insights engine to audit 75 statements of work. This review identified over $8M in corrective actions and realized $2.8M in cash recoveries. The process uncovered systemic billing errors, such as incorrect rates and currency translation mistakes, and provided the client with a total of over $10.8M in immediate and future savings.