As businesses look for ways to learn how to decrease costs they have increasingly turned to outsourcing of certain functions. This concept, sometimes called Business Process Outsourcing (BPO), can be seen most commonly within companies that outsource departments, like payroll or customer service.
As demands for increased cost savings and consulting management expertise arose, some companies transitioned from Business Process Outsourcing to Business Transformation Outsourcing (BTO). In this model, the outsourcing service provider takes on the goals of the partnered client and therefore a portion of the risk. Their client’s gains are their gains, just as their client’s losses become their losses.
We at Freedom Profit Recovery took this partnership model to heart, and used it to optimize our cost reduction consulting and managed cost saving services in many profound ways.
Long-Term Engagement with Bespoke Services
With BPO services like outsourced payroll, you often have to mold your workflow or company practices to fit within a fixed service model. Compromises, adjustments and even conflicts are all but inevitable.
A BTO-style partnership model instead rearranges its own service offerings to fit the needs of the client. A large, paperwork-heavy business such as a contractor supply company will require a different type of managed printing services than a company with fewer clientele, such as a law office.
Freedom Profit Recovery takes your company’s size and workflow into account before we even begin planning how we will engage in our partnership. In fact, the first step to engagement involves a top-down audit of your operations in order to determine how we could benefit you initially. Only after taking each minute detail of your company’s unique service offerings and value-adding skills into account can we hope to benefit you in meaningful ways.
Once engagement has begun, our clients can rest assured that we will continue putting effort into finding them cost savings well into the future. These services not only ensure that money goes back into their pocket every month, but also that our service offerings and strategic suggestions mold to fit the precise situation at hand.
We Genuinely Care About Teaching You How to Decrease Costs
Unlike vendors, FPR operates on a cost recovery pricing model. Therefore, if you are not saving, we are not making money. This pricing model guarantees that our goals remain aligned with yours, including a desire to maintain service quality with your customers.
By establishing an embedded relationship where we earn only when you save, you can maximize your ability to exceed customer expectations while consistently reducing costs, cycle after cycle. Our up-to-the-minute research also helps you consider new solutions as they become available, keeping you on the cutting edge rather than playing catch up.
As the business world continues to evolve, your organization can stay lean and get the benefit of always-on managed savings consultant services that enable you to respond to market changes with flexibility.
If these services sound like they could benefit you, you can begin the engagement process by enlisting us to teach you more about how to decrease costs.