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Profit Recovery Partners

Cost-reduction and spend-management consulting

Overview

Profit Recovery Partners helps large organizations cut total spend by designing and managing cost-reduction programs for Fortune 1000 companies, private equity firms, and other North American clients. It analyzes purchasing and supplier bases, negotiates favorable terms, implements procurement strategies, and provides ongoing support and verification to ensure savings are realized and sustained. The firm stands out with a long track record of over $11 billion in client savings and $8.1 billion in purchasing leverage, supported by a continuous performance-verification program. Its goal is to maximize clients’ purchasing power and deliver verifiable, lasting savings across their spend.

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About Profit Recovery Partners

Simplify's Rating
Why Profit Recovery Partners is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Costa Mesa, CA

Founded

1997

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Simplify's take

What believers are saying

  • Haydel's November 2026 appointment supports cross-sell expansion and higher wallet share.
  • University of Idaho's August 2026 internship showed PRP actively automating labor-intensive workflows.
  • PRP's $11 billion cumulative savings marketing gives a powerful proof point for enterprise buyers.

What critics are saying

  • PRP settled Oncourse Home Solutions litigation in July 2025, exposing billing and contract fragility.
  • Clients can internalize spend-management analytics once savings become predictable, compressing PRP's consulting margins.
  • If AI-enabled procurement platforms automate savings verification, PRP's core service becomes commoditized.

What makes Profit Recovery Partners unique

  • Don Steiner targets $100 million revenue while PRP claims $8.1 billion managed spend on November 2, 2026.
  • Kim Haydel joined November 2, 2026, bringing Canon-scale enterprise sales leadership to client retention.
  • PRP paired University of Idaho interns with AI automation, cutting manual paperwork in August 2026.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Pet Insurance
  • Gym Membership
  • Phone/Internet Stipend
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Holidays
  • Paid Vacation
  • Paid Sick Leave
  • Bereavement Leave

Company News

Associated Press
Nov 2nd, 2026
PRP appoints ex-Canon executive Kim Haydel as solutions management vice president

Profit Recovery Partners, LLC (PRP) has appointed Kim Haydel as vice president of solutions management. The Santa Ana, California, company announced the move on November 2, 2026. Haydel will oversee client account management, aiming to raise client value and retention through expanded services and new savings opportunities. She joins from Canon, where she spent 18 years and most recently served as zone sales vice president, leading about 180 sales professionals across four regions in the Western Zone. PRP founder and chief executive officer Don Steiner said her work will help advance its growth strategy and its goal of $100 million in annual revenue. PRP manages more than $8.1 billion in annual spend and says it has generated more than $11 billion in client savings.

Africa Business Watch
Nov 2nd, 2026
Profit Recovery Partners, LLC names new Vice President of Solutions Management.

Profit Recovery Partners, LLC names new Vice President of Solutions Management. SANTA ANA, Calif., Nov. 02, 2026 (GLOBE NEWSWIRE) - Profit Recovery Partners, LLC (PRP) today announced the appointment of Kim Haydel as Vice President of Solutions Management. In this role, Ms. Haydel will oversee the strategic direction of client account management, with a focus on maximizing client value and retention through expanded services and identifying additional savings opportunities. Ms. Haydel joins PRP following an 18-year career with Canon, where she most recently served as Zone Sales Vice President. In this role, she was responsible for driving revenue and profitability across the Western Zone, overseeing four key regions: Los Angeles, Southwest, Mountain Desert, and Pacific. She also provided leadership to approximately 180 sales professionals, helping advance regional performance and achieve growth objectives. Ms. Haydel holds an MBA from the USC Marshall School of Business and a Bachelor of Science in Computer Science from the University of California, Irvine. "We're excited to welcome Kim to PRP and look forward to the experience, leadership, and fresh perspective she will bring to our Solutions Management team," said PRP Founder and CEO Don Steiner. "Her contributions will play an important role in advancing our growth strategy and helping us achieve our goal of $100 million in annual revenue." About Profit Recovery Partners, LLC Profit Recovery Partners, LLC (PRP) develops, implements, and manages cost reduction solutions for Fortune 1,000 companies, law firms, private equity firms, and privately held companies throughout North America. With more than $8.1 billion in annual managed spend, extensive industry experience, and a comprehensive program of ongoing support and savings verification, PRP is committed to delivering award-winning service. The company's spend management, supplier management, and procurement strategies have generated more than $11 billion in client savings. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

KULR 8
Aug 10th, 2022
Profit Recovery Partners, LLC hired Michele Barney as Partner and Chief of Staff on Aug 11th 22'.

Profit Recovery Partners, LLC (PRP) announced today that it has named Michele Barney as a Partner and Chief of Staff of the firm.

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