In the world of procurement technology, the market is crowded. However, most procurement professionals can probably only name a handful of Analytics vendors—new entrants are typically small boutique providers, providing neither a threat nor an alternative to the established players in the market. Now, with PRGX’s acquisition of Etesius, there is finally an alternative: a new player with a different way of looking at procurement analytics.

Unlike other new entrants, PRGX has size, reputation, and experience plus an array of services that no other analytics provider can match. By market capitalization, PRGX is number two in this market with a large and well-known client base. PRGX clients benefit from our experience with procurement and finance and, through the acquisition of Etesius, a set of market-leading procurement analytics tools.

Where PRGX really stands out from the crowd is in our unique ability to combine Recovery Audit Services, Spend Analytics and Strategic Sourcing Advisory Services to help clients discover hidden profit potential. No other large analytics provider can match our depth and breadth. PRGX brings three decades of specialized expertise at mining client data for business insight. Now, with Estesius, PRGX has the proven data management technologies and deep expertise to help clients gain visibility into, and better manage, overall spend. The same tools and services that PRGX has been using to help clients find hidden profits in Recovery Audits can be brought to bear on improving procure-to-pay processes and profitability.

What does this mean for you? When an organization uses only traditional procurement analytics, the options for driving down costs are limited—consolidate spend or convince the supplier to take lower margin. When your organization chooses PRGX, you get the tools and know-how to support spend analysis and more, putting data behind how you work with your suppliers and enabling ongoing savings through improved processes and relationships. With PRGX, you can uncover the opportunities not reflected in margin: like finding out you have ten different contracts with the same supplier, or that one supplier is ten times as costly to do business with as another, or that a vendor is recouping conceded margin through payment terms. You get complex insights that not only help you manage spend but also help you improve your finance, merchandising, and supply chain functions.

Isn’t it time your left hand understands what your right hand is doing? PRGX makes the connection between finance and procurement, between audit, analytics and advice. The strength of the PRGX brand and services are well known in finance circles. How long before procurement discovers its potential?