When should planning for a merger or acquisition begin?
If your answer is Day 1 - the first day after you close the deal - you’re wrong and you’re behind by at least 6-12 months.
Planning & executing a marriage like this is not something that should be done alone nor should you wait till the contracts are signed to begin the process.
Imagine you are a C-Suite executive and your business is built on a franchise model.
Each franchise branch is owned and managed by a different person but they all use the same ERP and the big corporate umbrella entity that you own pays for all the services.
The individual owners dictate which software and services they use, how many licenses they need, etc.
Your annual bill for all the different contracts comes to $2.5 million.
How would you feel if I looked through your contracts and told you that, based on the prices your peers pay, you should actually be billed closer to $900,000 - a more than 60% savings - for the same host of services?
You’d probably want to flip the table we’re sitting at.
In the latest meeting with your company’s executives, the ultimate goal was the same as ever - increase revenue, decrease spend.
Do more, with less.
Your directive is to find a 10% cost savings in the next year and you are looking for some quick, streamlined ways to achieve that goal.
Have you taken a good look at your current contract situation? Where can you find savings in the software and products you’re already paying for?
We reduce your IT Software expenses by 10-50% through contract negotiation.