Auditel’s Total Cost of Purchase® approach takes into account all the costs – both direct and indirect – of business overheads.
In 1994 Auditel pioneered a new brand of cost and purchase management designed to help organisations cope with the deregulation of the utilities market. Since then we have broadened and extended this approach to cover all areas of business expenditure.
Called Total Cost of Purchase® (TCoP®), this solution goes a lot further than traditional cost management methods. It takes into account all the costs – both direct and indirect – of business overheads.
The success of Auditel’s TCoP® business model is based on the synergy of two potent elements: a network of specially trained, highly skilled cost management consultants and the Auditel Information System – a vast database of every project that we have ever worked on, packed with specialist industry knowledge and experience. This powerful combination equips us perfectly to tackle specific cost and purchase management issues holistically and, being independent, allows us to analyse overheads, find suitable suppliers, assess tenders and implement changes that reflect the best possible solutions for each individual client.
It’s like having an additional dedicated management team working for you, quietly taking care of all your complex cost and purchase management issues, whilst leaving you to focus on your core business. Best of all, because we work on a contingency fee basis, there are no up front investment costs, no resources tied up in a project waiting for results and no hidden charges.
Unless you’re an expert, trying to unscramble all the factors that need to be taken into account to find the true cost of a service is a complex puzzle.
Apart from the price, the total cost can also include:
Using our Total Cost of Purchase® approach, we review all your costs to ensure that:
To do this effectively, we: