Procurement teams are often under resourced without capacity to proactively manage large volumes of expenditure. Without the appropriate oversight, this can lead to long term commitments of unnecessary expense.

Organisations are faced with the ongoing challenge of delivering recurrent efficiency to curb the the impact of inflation and remaining competitive. In the public sector, this same challenge needs to be balanced with record demand for care with limited funding growth in an uncertain regulatory environment. Effective contract management is essential to providing sustainable public services

How can we support

We undertake a data led review of all contracts and spend within your orgnisation to identify potential gaps in assurance and opportunities for cost reduction and improved management. We’re able to look across the organisation or focus on a specific department or area.

1. Cost control and savings
   Proactive management can lead to recurrent, cost reduction savings through cessation, renegotiation or leveraging terms of exisiting contacts. We can provide you with an overview of all your contracted spend and uncontracted spend and benchmark where there are opportunities to drive lower unit prices.

2. Operational efficiency
   A rationalised contract and supplier list ultimelty means, less to manage.This frees up capacity within your in house team to focus on business priorities and managing high value contracts and strategic relationships. A complete and consistent data set makes ongoing management sustainable and efficient.

3. Improved supplier relationships
   Clear expectations transparency of performance can build more productive relationships with your suppliers and service providers, leading to better service, innovation, and long term value. The benefits can cascade into other parts of your business for example, paying invoices and reducing thee need for lenghy, retrospective reconciliations.

4. Assurance

   Our review will highlight any gaps in your current controls or processes and provide you with assurance that you have oversight of all your contractual spend as well as other areas of expenditure that may benefit from better management. Having a complete database and well specified contracts can reduce unwanted legal, financial and operational risks for your organisation.

Our commercial model gives you confidence that you’re realising value from our support. If you’d be interested in understanding the level of opportunity for your organsiation or have a specific challenge you would like to address, contact us today.