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Procurement Management for…

 …Accountancy Practices

  
Our procurement specialists work with accountancy practices nationwide to reduce overhead costs and streamline procurement processes across multiple offices. 
 
"The Procurement Group have done exactly what they promised.  In the first year, they saved us 39% on both our stationery and cleaning bills, and 20% on our call charges..."  more

Marc Voulters, Sedley Richard Laurence Volters
 
You get the benefit of our clients' combined purchasing power, but without the membership fee involved in joining a buying group*.
 
In addition, you can boost your own revenue stream by recommending our services to clients.  We work either under your brand name as a joint venture, or directly with clients on a commission model.
 

Professional Procurement, Client Focus

By bringing in professional procurement specialists, you free your managers to concentrate on service delivery.

The Procurement Group is affiliated to The Chartered Institute of Purchasing & Supply.  Our procurement specialists apply best-practice methods to obtain consistent cost reductions and minimise purchasing-related administration for your practice.

This professional approach to procurement is fundamental in developing a strong supporting infrastructure and freeing your team to focus on service delivery and fee-earning. 

Cost Reductions That Don't Compromise on Quality

If you're to maintain your service to clients, you have to be confident that your suppliers will maintain their service to you.
 
We understand this, and ensure that our quotes will always match or better current product specifications, service level agreements, and payment terms.
 
"Our broadband costs have reduced by 39% and our cleaning bills by 42%.  Equally importantly, the service is just as good." more
 
Steven Strauss, Simmons Gainsford LLP
  
You stay in control of your purchasing. You make all decisions on choice of supplier, and your practice managers can still choose what and when to order.  The difference is that our procurement specialists will be working to give your business a joined-up approach to purchasing that ensures best value overall. 
 

Procurement for Wider Groups and International Affiliations

If you're affiliated to a larger national or international group of practices, our services are an attractive benefit that you can offer to other affilliates who may not be large enough to be Procurement Group clients in their own right.
 
 
Procurement Consultancy:  How We Work
 
Our procurement services cover all your offices and business premises.
 
Our specialists will first analyse your overall costs in the procurement areas you ask us to look at.  They will then provide recommendations that will generally bring cost reductions within four weeks.
 
We will:
  • Combine the buying power of all your offices/departments.
  • Negotiate better prices and credit terms.
  • Simplify processes.

You'll get:

  • Cost reductions.
  • Improved cash flow.
  • Reduced administrative costs - a single invoice from each supplier that includes all orders from across the practice.
  • Total transparency of purchasing - invoices broken down by office/department.
  • More time for your teams to focus on clients and on fee-paying work.

 

 

Procurement Areas

We've found the following of particular use to our accountancy practice clients:
 
Vending Supplies
 
See our full list of cost reduction opportunities for more procurement savings.  
 
 
 

To talk to our procurement specialists about how you can reduce your costs, contact us or call 0800 0193 244.

  

 

 

 

Looking for a new income stream? Find out more about Joint Venture opportunities for accountancy practices.  

Professional services are just one of the many business sectors where we've had great success in achieving cost reductions for clients. 

We are currently saving clients an average of 27.2%. 

Whatever your business, if you spend more than £100,000 a year on purchasing services and supplies, then our procurement specialists can:

  • Reduce your costs.

  • Increase your profits.

  • Improve your cash flow.

  • Increase your working capital.

Follow the links below to find out how our services work for a selection of business sectors.   

If you operate in a different sector, we can help you in similar ways  - but  with a focus on YOUR particular needs and objectives.

  
 
 
 
 
 
 

 

 

Our Fees

For most areas of procurement, we charge a fee equal to just 33.33% of the cost reductions we make for you over 12 months, paid in arrears.

See the separate procurement area pages for further information.

 

 *How Does this Compare with the way Buying Groups Work?

Our pricing offers a significantly better arrangement than that typically provided by buying groups.
 
The standard buying group policy is to offer a guarantee that your membership fee will be refunded if you don't save an amount equal to the fee.
 
With our fee structure, two-thirds of the first year's savings (in most procurement areas) are yours to keep - AND all the savings are yours to keep in year two and onwards.
 
We've got a strong incentive to keep working to save you more, because we'll make more that way. 
 
And because you pay our fees in arrears (unlike buying groups' up-front membership fees), the cost reductions we make for you will enhance both cash flow and P & L.