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PRG-Schultz International, Inc. - Business Services
(770)
779-3900
600
Galleria Parkway
Suite 100
Atlanta, Georgia 30339-5986
www.prgx.com
Business Description
PRG-Schultz
International, Inc. and subsidiaries (collectively, the “Company”), a United
States of America based company, incorporated in the State of Georgia in
1996, is the leading worldwide provider of recovery audit services to large
and mid-size businesses having numerous payment transactions with many
vendors. These businesses include, but are not limited to:
• retailers such as discount, department, specialty, grocery and drug
stores;
• manufacturers of high-tech components, pharmaceuticals, consumer
electronics, chemicals and aerospace and medical products;
• wholesale distributors of computer components, food products and
pharmaceuticals;
• healthcare providers such as hospitals and health maintenance
organizations; and
• service providers such as communications providers, transportation
providers and financial institutions.
In businesses with large purchase volumes and continuously fluctuating
prices, some small percentage of erroneous overpayments to vendors is
inevitable. Although these businesses process the vast majority of payment
transactions correctly, a small number of errors do occur. In the aggregate,
these transaction errors can represent meaningful “lost profits” that can be
particularly significant for businesses with relatively narrow profit
margins. The Company’s trained, experienced industry specialists use
sophisticated proprietary technology and advanced recovery techniques and
methodologies to identify overpayments to vendors. In addition, these
specialists review clients’ current practices and processes related to
procurement and other expenses in order to identify solutions to manage and
reduce expense levels, as well as apply knowledge and expertise of industry
best practices to assist clients in improving their business efficiencies.
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