Globally the economy is still under immense pressure after the strain that Covid-10 placed on economies, corporates and even smaller business entities worldwide. While this situation forced some businesses to cut down on expenses purely for survival, others are simply investigating ways how to reduce expenses to increase profit margins and to remain viable in this challenging time. One of the most trusted and effective ways to reduce your expenses is by outsourcing your procurement management to a trusted and reputable team, such as the team at Bell Integration. This team brings about numerous savings as they consolidate your expenses, negotiate better prices, simplifies logistics and provides absolute clarity on all expenses.
“Our procurement management team provides a comprehensive procurement service solution that covers a wide range of concerns and needs with the highest rate of effectiveness and success. We also do so in a highly affordable manner ensuring not only cost-savings but also far fewer concerns,” says Eugene O’Sullivan the strategy and innovation director at the Bell Integration CTO Office.
One of the prime areas this team address is to minimise tail spend. Tail spend is often the weakness of procurement systems as it is often poorly managed and management often overlooks this expenditure in reporting structures when budgets and savings are under discussion. Even though the size of these expenses isn’t high, the frequency at which they occur is far too often pushing tail spending into the red.
This team of procurement experts manages to consolidate all your suppliers into one. It means that you have only one supplier to deal with, one geographical location to consider and one contact point to gain the services you require. As Bell Integration takes care of all service agreements and they do so on a much larger scale, they can negotiate for better prices and they also take complete responsibility for quality assurance and all the risk of such deals.
A vital aspect of any kind of procurement management structure is that you must have excellent reporting systems in place. You must be able to always know on what money is being spent to be better able to control these expenses. While the Bell Integration team is fully aware of the benefits of having clarity through sufficient reporting to be able to establish larger savings for their clients, they also provide these reports to their clients to keep them updated on what is happening in their procurement department. This way you can increase your profit margins simply by spending smarter.
About Us
The core of our business is to offer outstanding IT services and consultancy to help our clients to overcome the obstacles in their way to success. But we also offer more, we are a company where our staff is both pushed and supported to achieve their highest levels of success, a place where we value our staff and appreciate their contribution in steering our team to grow and excel. Throughout our values guide us forward. Values such as honesty, integrity, transparency and being always agile and responsive. Visit our website at http://www.bell-integration.com/ or contact us via phone or email and explore how our team can help you to achieve greater success.