For Consultants – if the Client continues to buy their services, probably not so critical, but for Clients it’s exactly the opposite. They need to know how they are spending money and to make sure they get the best ROI with ConsultingRead More
Optimize your Consulting Spend
Demand management is a critical tool for procurement professionals and companies in general. Its implementation for the consulting category is a no-brainer if you want to keep your spend under control and aligned with your strategy.Read More
You might be nonchalantly asking yourself, why do companies hire Consultants?
To improve a process, to save money, or to get a fresh perspective, but most of all, to get access to very specialized skills that great Consultants can bring in.
When you start to look at your consulting spend and realize the drift in costs, amongst the various immediate initiatives that you can consider, think about scanning your consulting spend. It’s about slicing and dicing the data you gathered, to identify the outliers.Read More
Working with consultants can bring in tremendous benefits, but if you don’t know how to manage the procurement process, the results might be far from satisfactory. A first scan of your expenses, where the observation period will be the previous fiscal year, will give you a good basis for slicing and dicing the information. Having this structured data will allow you to understand the patterns of your Consulting Spend. You can capture quick gains, get the buy-in of your employees and embark on a self-funded journey.Read More
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