Press Room

Ryan Forms Strategic Alliance with PRG-Schultz to Create Tax and Recovery Audit Solution to Meet the Economic Challenges Facing Global 5000 Companies

Press Release Sep 10, 2009

Dallas, Texas -- Ryan, the leading tax services firm in North America, with the largest transaction tax practice in the United States and Canada, today announced a strategic alliance with PRG-Schultz International, Inc. (Nasdaq: PRGX), the world’s largest recovery audit firm, to provide a comprehensive profit enhancement service that addresses the cost containment concerns and earnings pressure facing companies as a result of the current economic environment.

This strategic alliance will aid companies in overcoming the difficult challenges of profit growth in today’s global economy by combining the strength of Ryan’s comprehensive suite of state, local, federal, and international tax services with PRG-Schultz's specialization in recovery audit services. As a result, clients of both firms can benefit from a single-sourced tax and accounts payable recovery solution to maximize their profits by leveraging the technology and expertise of the two companies.

This alliance adds additional profit recovery solutions that help Ryan clients achieve even greater bottom line savings and value that go beyond minimizing their overall tax burden. PRG-Schultz complements Ryan’s tax recovery expertise by auditing a diverse set of transactions and categories of spend to identify and recover overpayments. PRG-Schultz’s global presence and clients also provide near-term business development opportunities that will accelerate Ryan’s international growth strategy to extend its North American leadership position in tax services overseas.

“At a time when expense management and cost containment are at the forefront in almost every business, we are excited to reinforce our tax services with accounts payable recovery audit services that will substantially add to the bottom line savings that we deliver for our clients,” said G. Brint Ryan, CEO and Managing Principal of Ryan. “PRG-Schultz is an exceptional strategic partner for providing the best-in-class recovery solutions that will help our clients improve their profitability in these trying times.”

About Ryan

Ryan, an award-winning global tax services and software provider, is the largest Firm in the world dedicated exclusively to business taxes. With global headquarters in Dallas, Texas, the Firm provides an integrated suite of federal, state, local, and international tax services on a multijurisdictional basis, including tax recovery, consulting, advocacy, compliance, and technology services. Ryan is an 11-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognized as the most innovative in the tax services industry, Ryan’s multidisciplinary team of more than 4,700 professionals and associates serves over 29,000 clients in more than 75 countries, including many of the world’s most prominent Global 5000 companies. More information about Ryan can be found at ryan.com.

MEDIA CONTACT

Melodie Elliott
Director, Content & Communications Marketing
Ryan
972.934.0022
melodie.elliott@ryan.com