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Spend Control & eProcurement: A Practical Guide to Identify Savings Opportunities

In this practical guide, we outline how you can assess your opportunities for cost savings and the impact on your P&L statement.
 Spend Control & eProcurement: A Practical Guide to Identify Savings Opportunities
 
 
In today's business climate, aggressively growing the top line is tough. However, opportunities exist to improve the bottom line without risking the core business operation, mass redundancy programs, or taking calculated risks by increasing end-user prices.

Spend Control is proven to be one of the easiest and fastest ways to reduce excess costs. It provides more control and accountability over operating profitability by increasing the efficiency gained from each pound of revenue and controlling each pound of spending.
  • Secured savings - where favourable terms of purchase are acquired through changes in pricing, mix, demand or quality and increased contract compliance.
  • Mitigated savings - delivered by an ongoing program of cost and risk avoidance.
  • Cash-releasing efficiencies - direct financial savings where money is chosen to be released from efficiency gains.
Download this guide to find out how you can deliver savings straight to the bottom line.
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