Our Cost Control Checklist isn’t just about identifying savings, it’s also about sustaining, measuring and shouting about them.

We enter a new decade still uncertain about the prospects of the economy and when recovery will finally return. However, a New Year’s resolution to get the business finances in order through best practice cost and purchase management is the most certain way to ensure profitability is at least maintained during the next 12 months.

To help UK organisations maximise savings during 2010 and beyond, Expense Reduction Analysts, leaders in UK cost and purchase management consultantaion, has teamed up with Financial Director magazine, to create the definitive Cost Control Checklist guide. It goes much further than just identifying savings. It also shows how to sustain, measure and shout about them. Above all the guide has been designed to instil the habit of cost awareness now and preserve it through better days. In doing so it covers a wide range of areas including:

• ensuring internal structures and processes are put in place to enable sustainable cost control
• generating savings and reducing supply chain risk through using local suppliers
• setting in place a corporate culture in which employees throughout the business and at all levels can become more aware of the cost consequences of the decisions they take
• unlocking the untapped savings in the bottom two thirds of the purchase ledger, which often fall under the radar screens of financial directors
• ensuring finance and procurement functions work more effectively together
• benchmarking cost reduction efforts in order to demonstrate successes to the board, to the business and other stakeholders such as investors

Download your FREE copy click here

Expense Reduction Analysts has helped a thousand plus private sector, public service and not-for-profit organisations save millions of pounds over the last year. As a company we have achieved this by closely examining more than 100 business expenditure areas, leveraging our global purchasing influence to negotiate special terms bespoke to each individual clients specific needs, using leading edge benchmarking tools to compare market prices and providing ongoing supplier performance monitoring to ensure best value.

If you would like support in managing your business operating costs during the coming months, please do not hesitate to contact us.

In the meantime, we wish you a Happy and Prosperous New Year.

http://www.financialdirector.co.uk/