With many business owners still feeling the financial strain, an increasing number are choosing to outsource their cost and purchase reduction management, Auditel reports.

According to Auditel, a franchise that specialises in providing cost and purchase reduction services, it now has over 3,500 clients using its service.

One such client is Farnham Maltings, a multipurpose arts and community centre set in the heart of Farnham in Surrey that attracts more than 350,000 visitors a year. The centre caters for a whole range of arts and community events, ranging in scale from local mums and toddlers groups and book readings to international beer festivals, major comedy tours and live theatre, music and dance events.

By moving to an alternative electricity supplier and a more suitable tariff, Auditel realised savings of 13 per cent per annum. Moving to a new communications and gas suppliers led to further savings of 26 per cent and 13 per cent respectively, while identifying and rectifying a long-term leak reduced the centre’s water bills by 13 per cent. The client was so impressed with both the savings and Auditel’s efficiency that the project was rolled out to include other business cost areas such as merchant card fees, franking machines, and alarms. Auditel was also asked to join an in-house team reviewing the centre’s IT costs, infrastructure and future requirements and are soon to carry out a complete water and energy efficiency audit, including investigating options to use renewable energy sources at the centre.

Chris Maddocks, General Manager, said: “Working with Auditel has been a really good experience. They carried out a thorough investigation, delving into all sorts of detail and paperwork, with almost no input from our side, so that we could carry on with our day-to-day tasks without an impact on our workload.”

Chris Allison, Auditel’s Managing Director (pictured), added: “Our total cost of purchase business model is unique in our field. It is a holistic approach that enables our specialists to deliver savings that are efficient, sustainable and ethical. Instead of just finding cheaper suppliers, it takes into account all the direct and indirect costs of a service to ensure that any savings made are in our clients’ best interests. Cost-cutting is often a short-term win for both client and consultant, but our unique method is the springboard for long-term cost and purchase management relationships. We become trusted advisors and often part of our clients’ management team.”

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