We are a solution oriented company creating an impact on cost reduction and control methods and also suggesting measures for new source of revenue or enhancing existing revenue
GEPL will not be charging for the preliminary review of institution for Cost Optimization feasibility study. A formal engagement with the institution will be initiated, only if there is a scope of cost reduction and control.
The company is founded by the Chartered Accountant who has experience of more than two decades in managing cost without affecting desired quality and result of Corporates, Banks, Educational Group, Industry, Etc.
We have tie ups with reputed vendor of goods and services for bulk orders at best rates and quality. We have also a research team who finds alternative solutions which best suited and used by renowned Business Group, Industry, Banks, Educational Group, Etc.
An out of box approach of external professionals can deliver visible changes where internal team more focused on their routine goals.
Process
- Conducting initial scrutiny of all expenses of current year and corresponding months of last year pertaining to the coming months.
- Making list of observation of variations in rates of goods and services as compared to the best quality available at best rates in the industry.
- Suggesting solutions and measures to be undertaken for controlling and reducing cost including revision of purchase orders, negotiation and renegotiations with existing/new vendors.
- Studying the all possible source of revenue from available infrastructure and resources with existing figures of revenue and suggesting new source/ enhancement of existing revenue of business entity.
- Monitoring proper implementation of the suggestions agreed upon with the existing team.
USP for Cost Reduction & Control
- Reduction in one time and recurring cost.
- Exploring all possible avenues of generating new or incremental revenue from existing infrastructure and available resources
- Getting perpetual benefit of our service on payment of one time fees.
- Helps in ensuring proper checks and vetting of existing departments dealing with purchases of goods and services.
- Suggesting vendors providing better goods and services of better quality at the best possible cost.
- Finding weakness in the existing procedures and systems and suggesting remedial measures.
- Track record of reducing overall cost from 2% to 15% annually in lot of major expenditure heads