| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
23 |
| Employees |
981 |
| Revenues (TTM) (Millions $) |
164 |
| Net Income (TTM) (Millions $) |
-5 |
| Cash Flow (TTM) (Millions $) |
9 |
| Capital Exp. (TTM) (Millions $) |
12 |
Business Description
PRGX Global Inc is a leading provider of spend management and recovery services for a wide range of industries. It was founded in 1970 as Profit Recovery Group and later merged with several other companies to become PRGX Global in 2000. The company is headquartered in Atlanta, Georgia, and has a global presence with offices in North America, Europe, Asia, and South America.
Their primary services include recovery auditing, spend analytics, supplier information management, and source-to-pay advisory, all of which help their clients optimize their spending and improve their profitability. They work with clients from various industries, including retail, healthcare, banking, manufacturing, and many more.
The recovery auditing service helps clients identify, recover, and prevent overpayments made to suppliers, vendors, or contractors. This service entails a thorough review of their procurement and payment processes, identifying anomalies, and recovering overpayments through negotiations or legal action.
The spend analytics service involves the analysis of client spending data to provide insights into spending patterns, risks, and opportunities. This service helps clients make informed decisions about their spending, optimizing their procurement and payment processes, and identifying savings opportunities.
Supplier information management is designed to help clients manage their suppliers' information, including their financial and risk data, to ensure they comply with regulatory requirements and mitigate any supplier-related risks.
Finally, source-to-pay advisory comprises consulting services that help clients optimize their entire procurement and payment process, from the sourcing of suppliers to the payment of invoices. These services ensure that clients are implementing best practices in their spend management and are making informed decisions about their spending.
In conclusion, PRGX Global Inc is a reliable and experienced provider of spend management and recovery services, offering customized solutions that are tailored to their clients' specific needs. They have a strong track record of helping their clients optimize their spending, increase their profitability, and reduce their risks.
Company Address: 600 Galleria Parkway Atlanta 30339 GA
Company Phone Number: 779-3900 Stock Exchange / Ticker: NASDAQ PRGX
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