Case Study: Park Lexington Advisors achieves rapid data consolidation and cost savings with ProcurePort

Park Lexington Saves Time and Money with ProcurePort Spend Analysis Services

Park Lexington Advisors, a Philadelphia-based expense reduction consulting firm, faced a complex spend-consolidation challenge: analyze total addressable spend across 46 separate operating companies to find savings opportunities quickly. To accelerate “speed to savings” and avoid tying up internal staff, Park Lexington engaged ProcurePort and leveraged ProcurePort Data Cleansing Services and ProcurePort Spend Analysis Software/Services to handle the labor-intensive data work.

ProcurePort consolidated financial data from all 46 entities into a single data source in just two weeks, customized its spend-analysis software and delivered dashboards and reports, and did so at roughly one-tenth the cost of a competing vendor. The engagement outsourced hundreds of hours of in-house work, freed Park Lexington consultants to focus on strategic analysis, produced faster client savings, and delivered measurable time and cost efficiencies—leading Park Lexington to plan future work with ProcurePort.

Park Lexington Advisors

Vince Norpel

Partner