PRG-Schultz International Inc (PRGX)
Shares Outstanding: 62.29m
PRG-Schultz International, Inc. and its subsidiaries provide recovery audit services to large and mid-size businesses worldwide. It operates through two segments, Accounts Payable Services and Meridian VAT Reclaim. The Accounts Payable Services segment provides services that entail the review of client accounts payable disbursements to identify and recover overpayments. It conducts business in North America, South America, Europe, Australia, Africa, and Asia. The Meridian VAT Reclaim segment specializes in the recovery of value-added taxes (VAT) paid on business expenses for corporate clients. It provides outsourced services, such as VAT reclaim process, audit and invoice retrieval, preparation and submission of VAT claims, and the subsequent collection of refunds from the relevant VAT authorities. The company’s customers include retailers, such as discount, department, specialty, grocery, and drug stores; manufacturers of high-tech components, pharmaceuticals, consumer electronics, chemicals, aerospace, and medical products; wholesale distributors of computer components, food products, and pharmaceuticals; healthcare providers, such as hospitals and health maintenance organizations; and service providers, such as communications providers, transportation providers, and financial institutions. PRG-Schultz International was incorporated in 1996 and is headquartered in Atlanta, Georgia.