Managing Contracts & Larger Organisations

Contract management is one of the greatest and most neglected cost-cutting opportunities in larger organisations. 

It’s not unusual to find contracts are often managed without true diligence or governance – holding companies to costs, product and services that no longer provide best value or purpose.

Often there is no central repository for key contracts; no clarity on who is managing the life-cycle of a contract; no system in place for strategic reviews and tendering as contracts end dates draw near;  and no figures pulled in for competitive comparison.   Such lost opportunities.

We’ve been working with a housing organisation, and have guided them to savings in excess of £1million annually.  Achieved by forensic analysis of  contracts over three phases.  Potential for savings were identified; services were re-tendered; and incredible savings were secured for the organisation.  To continue best practice, contracts were put under management using our cloud-based software, and mangers will now be auto-alerted by email when critical review dates are approaching. 

So, over £1million savings per annum achieved, simply by putting best practice contract management in place.  Quite an out come for out client.  Quite an out come for any organisation….

To achieve the same, get in touch and request our extensive case study for this organisation, or visit the links below to find out more, or trial our contracts software for free

tel: 01095 620670  email: mel.chaplain@epi-international.co.uk

http://www.youtube.com/watch?v=rZfHB-OEynA

http://www.contractsinthecloud.co.uk/