PRGX Global Inc.

At PRGX Global Inc., when we started building the AI for Contract Insights, we spent a good amount of time with our auditors understanding what their day actually looked like. Clients would provide access to hundreds or even thousands of PDF contracts. Auditors reviewed each one, searching for relevant clauses, assessing which agreements had the greatest recovery potential, and comparing contractual terms against supplier billing data to identify discrepancies. While the process was digital, it was very manual - navigating between documents, spreadsheets, and multiple systems. Thorough, but difficult to scale. What we built changes that equation completely. When a client sends us their contracts now, our AI ingests everything. Within hours we can deduplicate versions and map the full hierarchy from master agreements through amendments in sequential order. We run AI across all the documents - tens of thousands of agreements, scored and ranked by opportunity. We are searching across 150+ clause types where we know complexity creates risk, because we’ve seen it before, applying everything our auditors have learned over decades. We are now finding recovery opportunities that simply were not reachable before. That lets us deliver 5x ROI consistently. The auditors are still doing the core work. AI is just making sure they are spending their time on the right things and allowing them to cover a broad range of contracts. See more about how Contract Insights works here: https://lnkd.in/euT9Mfek #AIInAction #S2PIntelligence #PRGX

You’re adding AI to your S2P systems, but is it solving the profit leakage problem? AI embedded in ERP, procurement, CLM and AP platforms is making S2P more automated and efficient. But these tools aren’t necessarily designed to find every missed credit, contract discrepancy, payment anomaly or supplier recovery opportunity. That leaves a gap between what your technology can process and what it can actually recover. Our new whitepaper explores where today’s AI and S2P technology stops, and how AI built specifically for recovery and prevention can extend the search to uncover more of what’s being missed. Read Closing the Gap Between Your AI Tools and S2P Profit Loss.

What you don’t see in your spend data can cost you. See how PRGX helps uncover the errors, inefficiencies, and missed opportunities that add up over time. https://lnkd.in/geRXhiDR

Every dollar of spend is an opportunity to protect profit. See how PRGX helps organizations uncover errors and inefficiencies and turn spend into a stronger bottom line. https://lnkd.in/g3tAhnqe

ERP AI can match invoices and classify spend. CLM AI can analyse contracts. But neither was built to uncover S2P profit leakage at depth. See what purpose-built AI can find.

See how PRGX applied purpose-built AI, informed by decades of recovery expertise, to analyze payment term data and uncover $22M in working capital opportunities. https://lnkd.in/g9czq2k3