Cost and Purchase management that
recognises the real cost of doing business

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.

How does it work?

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.

Working alongside you

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.

Complexity of Costs

Apart from the price, the total cost can also include:

  • Missed opportunity
  • Constant reviewing
  • Historical overcharges
  • Dealing with suppliers
  • Staying up-to-date
  • Sorting out problems
  • Exception charges
  • Checking invoices

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A holistic approach

Using our Total Cost of Purchase® approach, we review all your costs to ensure that:

  • prices are fair
  • any historical billing errors are reclaimed
  • you are on the right pricing package
  • you receive all the discounts you are entitled to

To do this effectively, we:

  • analyse your overheads
  • research the marketplace to find the most suitable suppliers
  • tender your supply and assess the responses
  • implement any changes and deal with all the issues that this might throw up
  • continue to reassess performance

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