Continuously monitor every contract, every day
Great contract performance requires ongoing effort. Ensure a high level of compliance, effectiveness, and financial health across your entire company with PRGX Contract Monitoring.
Get StartedGreat contract performance requires ongoing effort. Ensure a high level of compliance, effectiveness, and financial health across your entire company with PRGX Contract Monitoring.
Our approach to Contract Monitoring
Our powerful AI quickly evaluates large volumes of contracts and invoices for compliance. And with decades of hands-on experience, we’ll give you personalized recommendations to reduce gaps and increase benefits.
1.
Ensure Compliance
We start by reviewing supplier language and intent against your billing records, to ensure compliance with contract terms resulting in invoice accuracy.
2.
Identify New Gaps
We’ll proactively review contracts for any inefficiencies or potential compliance risks, working with your suppliers to prevent gaps and refine language before issues arise.
3.
Find New Opportunities
We won’t just work to maintain your current level of benefits. We’ll actively look for new ways to improve terms, keep your company ahead of the curve, and deliver you maximum value.
How our Contract Monitoring will benefit your business
Remove Administrative Burden
Our monitoring work frees up significant time and resources for your company, giving you peace-of-mind and helping you focus on other parts of your business.
Build Vendor Transparency
We develop ongoing relationships with all your suppliers, helping to clarify their intent behind contracts and improving communication between parties.
Implement Best Practices
Insights gained from our monitoring process help your company stay up-to-date with the latest in procurement terms, and identify practices that work best for you.
Enhance Future Savings
With continuously analyzed contracts and invoicing, you can easily plug gaps before they can impact your company’s bottom line.
Ready for holistic contract management?
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See how our Contract Monitoring solution can help your business