Audit services leader PRGX sets up India subsidiary in Pune

September 30th, 2010 - 2:47 pm ICT by ANI  

Pune (Maharashtra), Sept.30 (ANI-Business Wire India): PRGX Global, Inc. a business analytics and information services firm headquartered in Atlanta, Georgia, USA, has announced the opening of its Indian branch in Pune, Maharashtra.

Romil Bahl, President and CEO of PRGX Global and Tushar Sachdev, Vice President and head of India Operations for PRGX India Private Limited, a wholly owned subsidiary of PRGX Global, announced the opening of the Indian unit at a press conference today.

PRGX Global is the pioneer of new suite of services called “Profit Discovery”. The focus of Profit Discovery is improving clients’ financial performance via a combination of audit, analytics and advisory services.

“As we expand our portfolio of value propositions that enable real profitability improvements for our clients, it is imperative that we continue to source the best talent globally,” said Mr. Bahl. “As a core element of our global talent strategy, PRGX has established PRGX India with a first office in Pune - and we have already demonstrated that we can attract top Indian talent,” Bahl said.

PRGX’s Indian operations will provide business analytics, information technology, sales and marketing, and other support services to PRGX’s global operations. PRGX’s Indian operation is envisaged incubate innovative services and deliver value to PRGX’s client teams around the world.

Bahl further stated that “over the coming period, PRGX will serve an increasingly global set of markets and clients. In our core business, the non-US share is nearly 50% of revenues. Asia, in particular, represents significant growth opportunities for PRGX. While we already have a presence in China, Malaysia and other Asian markets, the establishment of a wholly-owned entity in Pune now positions PRGX to compete in India which will be an important growth market for our services over the next five to ten years.”

PRGX India plans to add capabilities as demand grows. Today, the core capabilities used to deliver our services include data mining, procure-to-pay business process expertise, and knowledge of finance operations. “PRGX India expects to expand its workforce to as many as 200 professionals over the next three years. The talent requirement for PRGX India is aligned with PRGX’s core business needs. The workforce will consist of experienced accounting graduates, experienced IT professionals, and analysts,” Mr. Sachdev added.

PRGX Global Inc. is the world’s leading provider of recovery audit services. With more than 1,300 employees, the company operates and serves clients in more than 30 countries and provides its services to over 70 percent of the top 50 global retailers.

PRGX is also pioneering “profit discovery,” a unique combination of audit, analytics and advisory services that improves client financial performance. (ANI)

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