SOURCE: Profit Recovery Partners, LLC

Profit Recovery Partners, LLC

May 03, 2016 13:02 ET

Profit Recovery Partners Announces Cumulative Client Savings of More Than $3 Billion

COSTA MESA, CA--(Marketwired - May 03, 2016) - Profit Recovery Partners LLC (PRP) announced today that it has surpassed $3 billion in cumulative client savings since its inception in 1997.

As companies continue to look for more strategic ways to manage costs, they have come to embrace PRP's unique approach, which provides insight into clients' entire procurement process.

"Recent upheavals in the stock market & currency markets and the dramatic reduction in energy costs have companies scrambling to adjust their core strategies to meet the current economic environment," said Don Steiner, President of PRP. "PRP's focus on reducing non-core expenses allows firms to better deploy their resources and have the additional capital necessary to make the right investments."

PRP begins with a no-risk, no-fee Comprehensive Review™ of its clients' vendor contracts and labor resources, comparing clients' spending with industry benchmarks to provide unparalleled insight into their expenses. PRP's SMEs and analysts assess potential savings by performing a thorough review of invoices and contracts, and providing detailed reporting on spending and contract terms & conditions, as well as line item invoice verification in each expense area. Finally, the Comprehensive Review will accurately quantify the amount of savings that can be achieved and detail the timing and steps required, thereby allowing its prospective clients to make a completely informed engagement decision.

Having completed more than 1,200 client engagements, PRP has acquired in-depth knowledge and resources to help companies maximize savings in a number of expense areas, including office supplies and office equipment, printing, telecommunications services, shipping, personnel services, and many other back-office functions.

About Profit Recovery Partners, LLC

Profit Recovery Partners, LLC (PRP) develops, implements, and manages cost-reduction solutions for Fortune 1000 companies, law firms, private equity firms, and private companies throughout North America. Its industry experience and more than $2.2 billion in annual managed spend, as well as its program for ongoing support and verification, drive PRP's continued commitment to award-winning service. PRP's spend management, supplier management, and procurement strategies have resulted in more than $3 billion in client savings. To learn more, visit www.prpllc.com or call 877-484-7776.

Contact Information

  • Media Contact
    Jennifer Razo
    Profit Recovery Partners
    877-484-7776
    Email contact