Case Study: a Top 5 Global Retailer accelerates cash recovery with PRGX

Top 5 Global Retailer - Customer Case Study

A top 5 global retailer sought to accelerate its cash flow for working capital initiatives while also reducing costs. The challenge involved an inefficient and lengthy 30+ month audit cycle that utilized multiple internal and external teams. The retailer selected PRGX and its Retail Merchandise Profit Recovery service to transform this process.

PRGX implemented an intelligent audit solution leveraging S2P data intelligence. Their approach included forming a steering committee, redesigning end-to-end processes, and accelerating data acquisition. This transformation delivered $2.3 million in immediate cost savings, accelerated over $75 million in cash within nine months, and achieved an industry-leading payback rate below 4%. PRGX also reduced the audit completion time by 40% while strengthening vendor relationships.