Cost Optimization

OUR SERVICES

Cost Optimization Services

Our specialists work closely with you, analyzing data, speaking with key stakeholders, and drawing on decades of commercial expertise to deliver quick results.

Opportunity Assessment & Cost Reduction

Organizations have a substantial amount of data that they don’t have time to review, with many businesses finding themselves overpaying by roughly 15%. Suppliers can also become complacent over time, or no longer deliver a service that’s fully in line with your requirements.

ITAA provides a fresh perspective, challenging existing contracts and delivering market insights that deliver immediate value, identifying quick wins that will have an immediate impact on your overall spend.

  • Gaining expert insight that allows you to challenge inefficient contracts
  • Mapping out a strategic procurement plan, so you know the exact steps to take
  • Implementing rapid, easily actionable ideas on transforming supplier costs

Speak to a consultant ➔

Data Cleanse

We’ll work with you to quickly review and analyze your data, identifying anomalies and duplications. Our data cleansing services help customers improve the accuracy and completeness of their data.

This is a foundation-building service. By simplifying your data estate, you will find yourself in a significantly stronger position when it comes to contract negotiations, budget assessments and cost reduction activities.

It is substantially easier to make proactive, sustainable decisions when your data is properly managed. We will review all customer data, identifying errors and inconsistencies, utilizing the latest AI procurement technologies.

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Tail Spend

Organizations often find themselves with numerous low-value contracts that are time consuming to manage.

Our consultants will rationalise these contracts in line with actual business requirements. This process allows you to leverage your supplier position, combining and optimizing spend.

We can provide flexible commercial models to suit any need, be that results based, fixed, or time & materials.

Speak to a consultant ➔

Why ITAA

Independent expertise. No vendor agenda.

Access to in-house software licensing expertise

Benefit from specialist software licensing support, provided by our in-house subject matter experts. Covering IBM, Microsoft, Oracle, SAP and Tier 2 publishers.

Commercial specialists

Our trusted commercial advisors have worked closely with international organizations for decades. We know exactly what is required to deliver a client-focused, optimized service that delivers impactful cost savings.

Utilizing best-in-class technology

We understand the benefits that a unified procurement platform utilising the latest procurement technology can deliver. Our experience across a broad-range of procurement software and applications allows us to seamlessly align with your organization’s information and processes and quickly identify value-driven opportunities.

REAL WORLD OUTCOMES

Reducing run costs by 25% whilst transforming services for a £23m contract for a Financial Services client

A commercially led program overcoming major challenges, building the business case, and delivering a world class contract with longevity and value.

GET IN TOUCH

Gain value from your investments

When you’re ready to boost the value you’re seeing from your investments, book an appointment with our commercial consultants.

  • +44 (0) 3302 050 215
  • info@itaa.com

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