Our Spend Analysis and Recovery Services framework (SARS) offers you more – more specialist suppliers to deliver analysis at a more detailed level to help you recover more savings.
Did you know, it’s estimated that around 1% of transactions (invoices and payments) contain some form of error? Some of these can be ‘caught’ by internal processes, however the more complex errors are often not identified and result in losses for an organisation – and this can quickly add up to a significant figure.
As a result, back in February we launched our new SARS framework to help your organisation identify and recover losses from errors made as part of invoice and payment processes.
The services available are delivered by experienced professionals using proprietary software and processes to identify errors analytically and recover these for their customers. The process is delivered on a gain share basis with no ‘upfront’ costs.
SARS can help you deliver savings based on the analysis of data, efficiency improvements in your procurement function and recovery of spend from your supply chain.
What are the big benefits of using SARS:
- No win, no fee cost structure
- Minimal internal resource required
- Process improvements will bring efficiency and fewer errors
- Cash recoveries
- Access to specialist suppliers
Want to find out more?
Watch our short film for an overview of how the SARS framework can work for your organisation.
We are planning a series of webinars to help you learn more and ask specific questions to our subject matter experts. If you’re interested in a webinar or if you’d like to see how we can help you now, please get in touch or visit our SARS pages.