Case Study 3 – Credit Finance Company saves £0.5M on Business Intelligence
As a result of significant delivered cost savings from our standard Expense Management activity, we were invited to comment on the recommended IT system which had been selected as the basis for Business Intelligence for the company.
After an initial review we responded that the costs looked inordinately high and we were engaged on a risk and reward basis to reduce the prices significantly. After some initial research where the client was shown an alternative solution which was considerably lower cost the original supplier engaged in a competitive tender situation following which the preferred supplier provided an equitable service but at £0.5M less than had been previously negotiated.
A Proof of concept was undertaken and the customer is currently extremely happy with their preferred and much lower cost solution.
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