Audit
Audit data is acquired electronically from suppliers.
Audit analysis takes place remotely; your day to day activities are uninterrupted.
Meetings are conducted using Cisco WebEx video conferencing.
Report
Your Audit Report clearly defines savings, recoveries and potential process improvements.
We respect your existing supplier relationships and work closely with them.
Independence
In securing cost reductions we act as a totally independent consultant. We do not have preferred suppliers; we obtain quotations from your current suppliers as well as carefully-matched potential suppliers.
Savings
We work on a “no savings, no fee” basis. Our fee is an agreed percentage of the savings, payable for one year.
We do not request any payment until we have successfully completed your Audit. Our fee can be paid in quarterly installments as you benefit from the savings.
| Business Type | Reviewed | Savings | % |
|---|---|---|---|
| Bank | £1,320,000 | £380,000 | 29% |
| Solicitors | £2,200,000 | £510,000 | 24% |
| Insurance Company | £2,280,000 | £603,000 | 26% |
| Media | £1,100,000 | £330,000 | 30% |
| Government Dept | £270,000 | £99,000 | 37% |
Contract Compliance
Non-contract spend is one of the biggest challenges. We deliver proposals that ensure compliance that achieve the highlighted savings.
Ongoing
We are available on an ongoing basis to assist with any supplier performance issues.
