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Expense Reduction Analysts Success Stories

Huge savings no accident
           as RoSPA prospers
                                              of safety and the prevention of                Table of Savings
                                              accidents in all areas of life – at work,
                                              in the home, on the roads, in schools,         Category                  Saving(%)
                                              at leisure and on (or near) water.             Office Supplies and Print     12.5%
                                              Andrew Robertson of Expense Reduction          Communications (mobiles)      47.0%
                                              Analysts approached RoSPA early in 2009:
                                                                                             Communications (fixed line) 16.0%
                                              “I was fortunate in some ways that Mark
                                              Penny had recently joined as Finance           Electricity                   45.0%
                                              Director,” says Andrew. “Part of Mark’s        Gas                            5.0%
                                              remit was to take a close look at costs,
                                              so he was open to our recommendations.”        Merchant Card Fees            96.0%
                                                                                             Annual savings due to be realised, some
                                              Utilities were the first category of costs
                                                                                             of which have already materialised
                                              to be investigated, and they provide a
                                              good example of Expense Reduction
                                                                                             Richard Clayton, for his specialist knowledge
                                              Analysts’ holistic approach. Andrew
                                                                                             in this area. After bringing the renewals into
                                              Robertson: “With a number of sites, and
                                                                                             line, he achieved a saving of 45%.
Established more than 90 years ago,           imminent renewal dates, we had to act
the Royal Society for the Prevention          quickly. The renewals were, unfortunately,     Calling in specialist expertise
of Accidents (RoSPA) has a mission            fragmented, putting RoSPA in a less than
                                                                                             “Indeed, I am fortunate to be able to call upon
to save lives and reduce injuries.            ideal position when it came to negotiating
                                                                                             such wide-ranging expertise from across the
By providing information, advice,             discounts. However, we worked by degrees
                                                                                             Expense Reduction Analysts network – in
resources and training, RoSPA is              to align the renewals and strengthen RoSPA’s
                                                                                             RoSPA’s case, Mike Stevenson worked on
actively involved in the promotion            leverage. I am indebted to my colleague,
                                                                                             Office Supplies, Nadim Vanderman on Postage
                                                                                             and Pritesh Patel on Communications (mobiles).
“As a charity we are always looking at ways                                                  “Special mention must be made of Ian
                                                                                             Middleton’s work on Merchant Card Fees.
to reduce costs but Andrew and his colleagues                                                Merchant Card Fees are made up of bank
                                                                                             charges and payment service charges and
were able to assist us in the process by bringing                                            RoSPA were being billed on a percentage
                                                                                             basis. Ian switched them to an alternative
new insights into how best to achieve this.                                                  payment scheme, which resulted in 16%
They did not simply renegotiate but looked                                                   and 96% savings respectively.
                                                                                             Mark Penny, Director of Finance &
at each category of expenditure holistically,                                                Administration at RoSPA, sums up the
                                                                                             benefit of Expense Reduction Analysts’
worked out what was best for us and made                                                     work: “As a charity we are always looking
                                                                                             at ways to reduce costs but Andrew and
recommendations for a long term solution.”                                                   his colleagues were able to assist us in the
                                                                                             process by bringing new insights into how
Mark Penny, Director of Finance and Administration, RoSPA.                                   best to achieve this. They did not simply
                                                                                             renegotiate but looked at each category
                                                                                             of expenditure holistically, worked out what
                                                                                             was best for us and made recommendations
                                                                                             for a long term solution.
                                                                                             “Such breadth of vision enabled them to
                                                                                             align all of the utility renewal dates, to give
                                                                                             us greater bargaining power. It also prompted
                                                                                             them to recommend our changing the basis
                                                                                             of our Merchant Card Fees, which effected
                                                                                             a substantial cost reduction. I would highly
                                                                                             recommend their services.”



find extra profit
www.erauk.net

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RoSPA

  • 1. Expense Reduction Analysts Success Stories Huge savings no accident as RoSPA prospers of safety and the prevention of Table of Savings accidents in all areas of life – at work, in the home, on the roads, in schools, Category Saving(%) at leisure and on (or near) water. Office Supplies and Print 12.5% Andrew Robertson of Expense Reduction Communications (mobiles) 47.0% Analysts approached RoSPA early in 2009: Communications (fixed line) 16.0% “I was fortunate in some ways that Mark Penny had recently joined as Finance Electricity 45.0% Director,” says Andrew. “Part of Mark’s Gas 5.0% remit was to take a close look at costs, so he was open to our recommendations.” Merchant Card Fees 96.0% Annual savings due to be realised, some Utilities were the first category of costs of which have already materialised to be investigated, and they provide a good example of Expense Reduction Richard Clayton, for his specialist knowledge Analysts’ holistic approach. Andrew in this area. After bringing the renewals into Robertson: “With a number of sites, and line, he achieved a saving of 45%. Established more than 90 years ago, imminent renewal dates, we had to act the Royal Society for the Prevention quickly. The renewals were, unfortunately, Calling in specialist expertise of Accidents (RoSPA) has a mission fragmented, putting RoSPA in a less than “Indeed, I am fortunate to be able to call upon to save lives and reduce injuries. ideal position when it came to negotiating such wide-ranging expertise from across the By providing information, advice, discounts. However, we worked by degrees Expense Reduction Analysts network – in resources and training, RoSPA is to align the renewals and strengthen RoSPA’s RoSPA’s case, Mike Stevenson worked on actively involved in the promotion leverage. I am indebted to my colleague, Office Supplies, Nadim Vanderman on Postage and Pritesh Patel on Communications (mobiles). “As a charity we are always looking at ways “Special mention must be made of Ian Middleton’s work on Merchant Card Fees. to reduce costs but Andrew and his colleagues Merchant Card Fees are made up of bank charges and payment service charges and were able to assist us in the process by bringing RoSPA were being billed on a percentage basis. Ian switched them to an alternative new insights into how best to achieve this. payment scheme, which resulted in 16% They did not simply renegotiate but looked and 96% savings respectively. Mark Penny, Director of Finance & at each category of expenditure holistically, Administration at RoSPA, sums up the benefit of Expense Reduction Analysts’ worked out what was best for us and made work: “As a charity we are always looking at ways to reduce costs but Andrew and recommendations for a long term solution.” his colleagues were able to assist us in the process by bringing new insights into how Mark Penny, Director of Finance and Administration, RoSPA. best to achieve this. They did not simply renegotiate but looked at each category of expenditure holistically, worked out what was best for us and made recommendations for a long term solution. “Such breadth of vision enabled them to align all of the utility renewal dates, to give us greater bargaining power. It also prompted them to recommend our changing the basis of our Merchant Card Fees, which effected a substantial cost reduction. I would highly recommend their services.” find extra profit www.erauk.net