{"id":413255,"date":"2021-01-12T10:03:09","date_gmt":"2021-01-12T15:03:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=413255"},"modified":"2021-01-12T10:03:09","modified_gmt":"2021-01-12T15:03:09","slug":"prgx-experts-discuss-lessons-learned-from-managing-audit-programs-during-a-crisis","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/prgx-experts-discuss-lessons-learned-from-managing-audit-programs-during-a-crisis\/","title":{"rendered":"PRGX Experts Discuss Lessons Learned from Managing Audit Programs During a Crisis"},"content":{"rendered":"<h2>\nAmidst market uncertainty, it is critical for companies to communicate regularly with suppliers and adopt an understanding, flexible mindset<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>ATLANTA, Jan.  12, 2021  (GLOBE NEWSWIRE) &#8212; PRGX Global, Inc. (Nasdaq: PRGX), a global leader in recovery audit and spend analytics services, announced its recent webinar, \u201cManaging Your Audit Program in a Crisis,\u201d is now available at: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jw6TqRaLfI1ktbgd-_AAAcHVv0-2HKFfypd8UCvuUDZ2fd9VdXWcoqNVvBdvZ8TEVfxiS0Xei24AIDStqoASM1ka7Q8gGWAj3GWCDUVUKRc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>https:\/\/bit.ly\/348dWjO<\/u><\/a>.<\/p>\n<p>This year, organizations worldwide were forced to quickly adapt in a crisis to maintain business continuity and modify vendor programs to realign goals and benchmarks established prior to the COVID-19 pandemic. And the manner in which they adjusted continues to shift as they look ahead and plan for 2021.<\/p>\n<p>This webinar, led by two PRGX audit experts, explores lessons learned in 2020 to manage vendor relations and audit programs, including how companies are collaborating internally and externally for success, better managing risk and overcoming remote work challenges.<\/p>\n<p>\u201cLast year clearly demonstrated the importance of consistent, transparent communications between our clients and their suppliers. Whether identifying past, current or future pain points, it is crucial for both parties to be as flexible and understanding as possible while collaborating during times of crisis,\u201d said Leighton Hammett, Senior Director of Accounts Payable for PRGX.<\/p>\n<p>\u201cRisk awareness and mitigation are critical during a crisis, and collaboration with suppliers opens the door for companies to better identify and correct the root cause of potential profit leakage without causing unneeded vendor abrasion,\u201d added Vijay Parekh, Senior Director of Delivery Contract Compliance for PRGX.\u00a0<\/p>\n<p>The webinar, which was hosted on Sept. 16, 2020, is available here: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jw6TqRaLfI1ktbgd-_AAAcHVv0-2HKFfypd8UCvuUDaKreqcsHIZDGIYO4PPYwfS_NWRIyyq7aM1t8JB1yuRXn62iCCttaBMNq6I-VSzS80=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>https:\/\/bit.ly\/348dWjO<\/u><\/a>.<\/p>\n<p>\n        <strong>About PRGX <\/strong><br \/>\n        <br \/>PRGX helps companies spot value in their source-to-pay processes that other sophisticated solutions didn\u2019t get to before. Having identified more than 300 common points of leakage, we help companies reach wider, dig deeper, and act faster to get more value out of their source-to-pay data. We pioneered this industry 50 years ago, and today we help clients in more than 30 countries take back $1.2 billion in annual cash flow. It\u2019s why 75% of top global retailers and a third of the largest companies in the Fortune 500 rely on us. For additional information on PRGX, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=L7N96IICo9yqWNPTx-wyPtAM_X_HDRngK1a7_lwXtyIpZzCUOYutnP15lZ7XkgBHiYV86n7OmebNjX1AjD5ixQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.prgx.com<\/a>.<\/p>\n<p>Media Contact: <br \/>Jacob Hamilton<br \/>Arketi Group<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=26cKrWGN2gli13744iO7m6QmQ2FgX2WNeRSPAMRDg65CjYn94pJ-P7arEFG1JtyCJGj1SQtvgIutDqoGzQmVeNSPsyDxOE4WqAymMcCh9zQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>jhamilton@arketi.com<\/u><\/a><\/p>\n<p>\n        \n      <\/p>\n<p \/>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDE3NCMzOTE0NTA2IzIwMDgzMTM=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/90ad0882-02e0-4118-b060-c92d12232512\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Amidst market uncertainty, it is critical for companies to communicate regularly with suppliers and adopt an understanding, flexible mindset ATLANTA, Jan. 12, 2021 (GLOBE NEWSWIRE) &#8212; PRGX Global, Inc. (Nasdaq: PRGX), a global leader in recovery audit and spend analytics services, announced its recent webinar, \u201cManaging Your Audit Program in a Crisis,\u201d is now available at: https:\/\/bit.ly\/348dWjO. This year, organizations worldwide were forced to quickly adapt in a crisis to maintain business continuity and modify vendor programs to realign goals and benchmarks established prior to the COVID-19 pandemic. And the manner in which they adjusted continues to shift as they look ahead and plan for 2021. This webinar, led by two PRGX audit experts, explores lessons learned in 2020 to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/prgx-experts-discuss-lessons-learned-from-managing-audit-programs-during-a-crisis\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PRGX Experts Discuss Lessons Learned from Managing Audit Programs During a Crisis&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-413255","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PRGX Experts Discuss Lessons Learned from Managing Audit Programs During a Crisis - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/prgx-experts-discuss-lessons-learned-from-managing-audit-programs-during-a-crisis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PRGX Experts Discuss Lessons Learned from Managing Audit Programs During a Crisis - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Amidst market uncertainty, it is critical for companies to communicate regularly with suppliers and adopt an understanding, flexible mindset ATLANTA, Jan. 12, 2021 (GLOBE NEWSWIRE) &#8212; PRGX Global, Inc. (Nasdaq: PRGX), a global leader in recovery audit and spend analytics services, announced its recent webinar, \u201cManaging Your Audit Program in a Crisis,\u201d is now available at: https:\/\/bit.ly\/348dWjO. This year, organizations worldwide were forced to quickly adapt in a crisis to maintain business continuity and modify vendor programs to realign goals and benchmarks established prior to the COVID-19 pandemic. And the manner in which they adjusted continues to shift as they look ahead and plan for 2021. 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