With the world economy in a state of flux, spending your money wisely is critical. 

Do you know where your money goes - do you get bang for your bucks??

We offer wide range of services in this area including:

Audit/review of expenditure

• Financials (cost of money, debt servicing, payment cycles for both suppliers and customers)

• Are you getting bang for you buck and are you spending money wisely?

• Developing kpi's to measure ROI and success of spending programs

Performance management/measurement development

• Performance managing personnel

• Establish minimum performance expectations for staff

• Review workforce statistics - eg attrition rate, cost of recruiting, mix of skills and training needs.

Cost reduction programs

• Cost reduction - not just reducing head count, focus on waste reduction (time, raw materials, money)

• Review processes to focus business activities on what you do best

• Building interdepartmental cooperation and teams, streamlining communication

Cost reallocation

• Moving costs or resources to where they are needed

• Do you have the right people and processes in place??

Audit/review of management controls

• Audit/review management controls

• Establish foundation for now and into the future

• Review approval process or discretionary spend limits

• Do you have a process for matching larger expenditure vs strategic plan??

• Do you question whether spending delivers on your strategic plan?

Key customer account management

• Review customer base and develop key account management strategies

• Focus and time and energy where business gets most ROI without missing out on strategic opportunities

Supply chain audit/review

• Evaluate inventory - focus on mix, location, storage and stock holding levels/policies

• Review cost of stock (ie cost of money)

• Evaluate logistics efficiency within supply chain

• Tie key account management, inventory management and strategic plan together

Develop true and useful kpi’s

• Facilitate management by exception

• Accurate snapshot of business position

These services are offered by experienced consultants and practitioners in these fields.  We have both business consultants and financial consultants who can guide you through this process.

Undertaking this sort of program could help you capitalise on opportunities that your competitors are not geared up for.  By being more agile and efficient you have a greater chance of being able to adapt to changing market needs.