Resources for Profit provide a comprehensive analysis of your business processes, offering a consulting service that works to make a positive impact to your bottom line. This review is governed by a no results, no payment policy, ensuring we always apply a complete commitment to identifying possible avenues for improvement within your business.
We adopt a four step tactical approach:
Step 1: In-depth analysis of your current expenditure
We carry out in-depth analysis and data collection of your current expenditures. This is followed by a review existing contracts, past invoices and SLAs to establish the benchmarks against which future savings will be measured. Finally, we obtain service level requirements from your operational staff and identify areas of failure or desired improvement. These results are all detailed in the Resource for Profit Profile Report.
Step 2: Identifying future savings opportunities
Once the benchmark has been established, we begin work on a report and recommendation document in which we detail all potential savings opportunities. This is known as the Resource for Profit Opportunity Report. Our systems and databases are continually updated so that we have benchmarks on almost every area of expenditure. To negotiate the best price and service, we tender out to all suitable suppliers.
Step 3: Implementing the changes
We strive for minimal disruption to your business. Resources For Profit will manage existing suppliers or the transfer to alternative services providers, and provide feedback to unsuccessful suppliers. Our management will liaise with new suppliers on contract terms, check pricing, and resolve queries and any operational requirements.
Stage 4: Ongoing review and support
To ensure savings are being realised, Resources for Profit monitors supplier performance on an ongoing basis. We will act on changes in the marketplace to take advantage of any opportunities as they arise, including benchmarking savings, cross-checking supplier invoicing, and providing up-to-date market knowledge.
We deliver:
- Detailed monthly reports
- Overall results of engagement
- Ongoing savings
- Increased efficiencies
- Improved supplier relationships
- Continuous addition of value to your business
