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How we work Spend
Management Statistics show that most companies spend an average of 10% of their annual turnover on non-core, or indirect, costs such as travel, utilities, IT, stationary and printing, a figure which can rise to over 30% in companies offering professional services. Results First offers a no cost service that can save companies with a turnover from £5m up to 10.5% on their non-core spend, which equates to more than a 1% increase in profit. Now ask yourself, how much would you need to increase your turnover by to achieve a 1% increase in profit! Results First can help you achieve this, simply by using a procurement management system that achieves real savings across a raft of non-core product areas. Non-core Spend Results First is one of very few consultants licensed by Global Procurement Group (GPG) to offer clients participation in their Spend Management Service, that offers a saving of up to 10.5% across a range of 36 categories of non-core spend, resulting in an immediate saving on your bottom line. And it’s at no cost to you. We can reduce your cost in seven main non core spend groups, see below.
Fees for our procurement management services are paid separately by our suppliers. You will never receive an invoice from us. The savings you make on your purchases will be reflected as credits against your next invoice, which means that the amount you pay for services or products purchased will reduce month by month in line with the amount spent. “Results First were friendly and very helpful. They immediately understood our business and identified how they could save us money.” Further savings are also possible by subscribing to Barclay Card's Purchase Card and there’s optional access to e-business technology too. This technology enables our clients to make extra savings by cutting out manual purchasing and improving cash flow, with up to 40 days payment terms being possible. Interested? Then why not contact Results First to see how we can help you. Our advice is free, and it could save you a fortune. |
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