A major telecom provider turns vendor data into savings opportunities

Challenge: Moving Past Vendor Data Management Challenges to Vendor Assurance 

The major telecommunications company faced significant data accessibility and vendor management challenges across their enterprise. With multiple business units and regions operating independently, they relied heavily on third-party partners just to extract basic vendor data. Their complex terms and pricing structures varied significantly across business units, categories, and general ledgers. Without automated processes and detailed data support, they struggled to identify cost-saving opportunities and implement consistent vendor terms. 

Solution: Advanced Analytics Improve Supplier Relationship Management  

PRGX implemented a strategic, data-driven approach to transform the client’s vendor data management through Spend & Payment Insight™ technology. The comprehensive solution included advanced analytics for spend visibility, automated data extraction, and standardized vendor terms across business units. Now the organization can strengthen supplier relationships through data-driven conversations and informed decision-making.

This holistic view also provides ways to spot working capital opportunities. 

• Spend and payment analysis at category, supplier, and item levels 

• Working capital opportunity assessment 

• Terms harmonization and change modeling 

• Rebate forecasting and assurance 

• PO overage visibility monitoring 

Results Delivered: 

• Enhanced data control and accessibility 

• Streamlined vendor management 

• Positioned for 40+ vendor assurance initiatives 

• Optimized working capital 

• Standardized payment terms 

• Automated rebate tracking 

Enhance Your Supplier Relationship Management 

PRGX combines advanced analytics with industry expertise to help telecommunications companies drive efficiency and capture savings opportunities while strengthening supplier relationships. Our robust vendor data analytics provide the 360° visibility needed to make strategic decisions and maximize value across your supplier ecosystem. 

PRGX analyzes $2.3T client spend a year with $2.3B client revenue across industries and services, yielding 10x average ROI. Connect with our experts to discover how PRGX can transform your supplier relationship management program, or see our solutions in action in a demo.