Navigating the marketplace looking for ways to achieve overhead cost reduction often turns into a battle of procurement cost reduction as a result of confusing, conflicting offers from so-called “solutions vendors.” All these vendors no doubt believe in their product, which no doubt stems from a genuine desire to solve a pain point, but their motivation to make sales severely hampers their ability to remain objective. After all, would you ever steer your clients towards the competition if you felt you could not best meet their needs? If you answered “yes,” then you are a more honest business person than most.
Like most of these other companies, Freedom Profit Recovery exists to solve a pain point while promising overhead cost reduction strategies that strengthen your bottom line. Unlike those other guys, we aren’t in the business of selling you one solution over the other. Instead, we evaluate the best-fit solution for your exact needs at that exact moment, and then we stay on to oversee implementation and observe how your needs might change as you grow.
How are we able to accomplish this level of service without getting sucked into the sales mentality? Two words: vendor independence.
What Vendor Independence Means for Your Procurement Cost Reduction
Vendor independence means that Freedom Profit Recovery remains neutral arbiters in your battle to cut overhead costs and eliminate pain points within your organization. In other words, we pledge our loyalty exclusively to our customers rather than to one vendor over another.
While we have vendors that may get repeated recommendations, these decisions are solely based on their abilities, not favoritism or profit motive. The moment these vendors stop delivering the expected level of cost savings and performance for our clients, we recommend they jump ship to someone else. We also fight tooth and nail to negotiate the fairest possible contracts on behalf of our clients, ensuring they do not pay a cent more than they have to.
We can stick to this business model because our income does not come from vendors, and it only indirectly comes from our clients. Our revenue model operates purely on charging a percentage of the costs we are able to help you save according to agreed-upon standards. What this practice means is that when our clients are saving the most, we are earning the most, and everyone is happy.
Vendors, by contrast, may feel bad when they see their clients not getting the expected level of performance, but they rarely are willing to pay out of pocket to fix the issues. Instead, they give their clients the runaround, even up-selling them because they need x, y or z product to obtain the full benefits. Doing the right thing — the honest thing — goes against their business model, pushing their decision-making towards potentially harmful consequences for their customers.
Freedom Profit Recovery is different, and we want to prove it. Take a look at our business cost savings consulting services to discover more about how we offer something no one else can: guaranteed overhead cost reduction over the course of our partnership.