PRG-Schultz International, Inc. and its subsidiaries provide recovery audit services principally to large and mid-size businesses, and government agencies that have numerous payment transactions. It has two segments, Accounts Payable Services and Meridian VAT Reclaim. The Accounts Payable Services segment principally consists of services that entail the review of client accounts payable disbursements to identify and recover overpayments. It includes accounts payable services provided to retailers and wholesale distributors; and accounts payable and other services provided to various other types of business entities and governmental agencies. This segment conducts its business in North America, South America, Europe, Australia, and Asia. The Meridian VAT Reclaim segment specializes in the recovery of value-added taxes paid on business expenses for corporate clients located worldwide. It submits claims for refunds of VAT paid on business expenses incurred primarily in European Union countries, acting as an agent on behalf of its clients. This segment also provides a fully outsourced service dealing with various aspects of the VAT reclaim process, from the provision of audit and invoice retrieval services to the preparation and submission of VAT claims and the subsequent collection of refunds from the relevant VAT authorities. The company, formerly known as The Profit Recovery Group International, Inc., was founded in 1990. It changed its name to PRG-Schultz International, Inc. in 2002. The company and is headquartered in Atlanta, Georgia.