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Profit Recovery Partners Eclipses $1.5 Billion in Client Savings
PRP closed 2011 by delivering record cumulative savings for more than 1,000 client engagements and launching new website and blog, called the "EBITDA Coach"
COSTA MESA, Calif., Jan. 4, 2012 /PRNewswire/ -- Profit Recovery Partners (PRP) LLC, a professional services firm specializing in innovative expense-reduction and -management solutions, reached $1.5 billion in total client savings through Dec. 31, 2011. PRP delivered record spend management, supplier management and procurement strategies to a range of industries, spanning legal, private equity, health care, retail, financial, insurance, education, real estate, manufacturing and technology.
"These cumulative savings are the result of more than 1,000 engagements for publicly traded companies, law firms, private equity firms and private companies throughout North America," said Don Steiner, president and chief executive officer, PRP. "We can deliver these results because PRP's purchasing leverage is more than $2 billion strong, we drive powerful insight with executive-level industry knowledge, and we maintain the highest commitment to savings implementation and verification. PRP carefully evaluates general and administrative (G&A) expenses across eight areas of expertise, which encompasses almost 40 expense areas, to maximize savings for clients."
PRP also has focused on improving the customer experience, with further expansion of its executive team and expertise. In December, the company revamped its website and launched the EBITDA Coach PRP blog, aimed at creating healthier organizations by reducing indirect administrative and other "back office" operational expenses. PRP worked with Costa Mesa, Calif.-based Golden Communications to develop the new website.
"The website carries a sports theme - with an emphasis on teamwork, training and execution - to tell the PRP story," Steiner said. "We believe this theme will resonate with current and future clients as well as create a marketing platform for us that we can use in public relations, email marketing, social media, events and more this year. This marks PRP's first major outbound marketing initiative, and I expect it to drive brand awareness and business development for PRP."
About Profit Recovery Partners LLC
Profit Recovery Partners (PRP) LLC is a professional services firm that develops, implements and manages cost-reduction solutions for FORTUNE 1000 companies, law firms, private equity firms and private companies throughout North America. Its years of industry-direct experience, $2 billion in purchasing leverage 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 $1.5 billion in client savings. For more information, visit http://www.prpllc.com, call 877-484-7776 or follow on Twitter at http://www.twitter.com/prpllc.
SOURCE Profit Recovery Partners LLC
Profit Recovery Partners LLC
CONTACT: CONTACT: Cara Stewart, +1-949-290-5563, cara@remarxmedia.com
Web Site: http://www.prpllc.com
Profit Recovery Partners Eclipses $1.5 Billion in Client Savings
PRP closed 2011 by delivering record cumulative savings for more than 1,000 client engagements and launching new website and blog, called the "EBITDA Coach"
COSTA MESA, Calif., Jan. 4, 2012 /PRNewswire/ -- Profit Recovery Partners (PRP) LLC, a professional services firm specializing in innovative expense-reduction and -management solutions, reached $1.5 billion in total client savings through Dec. 31, 2011. PRP delivered record spend management, supplier management and procurement strategies to a range of industries, spanning legal, private equity, health care, retail, financial, insurance, education, real estate, manufacturing and technology.
"These cumulative savings are the result of more than 1,000 engagements for publicly traded companies, law firms, private equity firms and private companies throughout North America," said Don Steiner, president and chief executive officer, PRP. "We can deliver these results because PRP's purchasing leverage is more than $2 billion strong, we drive powerful insight with executive-level industry knowledge, and we maintain the highest commitment to savings implementation and verification. PRP carefully evaluates general and administrative (G&A) expenses across eight areas of expertise, which encompasses almost 40 expense areas, to maximize savings for clients."
PRP also has focused on improving the customer experience, with further expansion of its executive team and expertise. In December, the company revamped its website and launched the EBITDA Coach PRP blog, aimed at creating healthier organizations by reducing indirect administrative and other "back office" operational expenses. PRP worked with Costa Mesa, Calif.-based Golden Communications to develop the new website.
"The website carries a sports theme - with an emphasis on teamwork, training and execution - to tell the PRP story," Steiner said. "We believe this theme will resonate with current and future clients as well as create a marketing platform for us that we can use in public relations, email marketing, social media, events and more this year. This marks PRP's first major outbound marketing initiative, and I expect it to drive brand awareness and business development for PRP."
About Profit Recovery Partners LLC
Profit Recovery Partners (PRP) LLC is a professional services firm that develops, implements and manages cost-reduction solutions for FORTUNE 1000 companies, law firms, private equity firms and private companies throughout North America. Its years of industry-direct experience, $2 billion in purchasing leverage 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 $1.5 billion in client savings. For more information, visit http://www.prpllc.com, call 877-484-7776 or follow on Twitter at http://www.twitter.com/prpllc.
SOURCE Profit Recovery Partners LLC
Profit Recovery Partners LLC
CONTACT: CONTACT: Cara Stewart, +1-949-290-5563, cara@remarxmedia.com
Web Site: http://www.prpllc.com