Compleat Buyers Group Launch Guarantees Savings on Corporate Purchasing

24 January 2011

- New combined service and product offering from Compleat Software guarantees savings on annual purchases with ROI in as little as four months -

Compleat Software Limited today launches the Compleat Buyers Group, which coupled with the Compleat Purchase to Pay (P2P) and Employee Expenses automation software, provides a breakthrough level of Spend Control for small, medium and corporate scale enterprises.

The launch of the Compleat Buyers Group combined with Compleat Purchase to Pay automation software will substantially reduce the cost of discretionary spend for SMEs and Corporates by providing online catalogue-style buying control and guaranteeing lower prices through group purchasing.

Whilst there are numerous buying groups, most clients have found that whilst savings are available, they have been unable to control the spending habits of their staff and much of the potential benefit is lost. The combination of Compleat’s sophisticated purchase to pay software with the automated Buyers Group catalogues ensures that every client maximises their savings potential.

The Compleat Buyers Group (CBG) enables organisations of any size to reduce the cost of discretionary spend by leveraging the entire CBG’s collective spending power to achieve better prices. Where it differs from other buying groups is that it utilises P2P and expenses software to ensure nominated suppliers, goods, services and prices are used every time by the user’s employees.

Neil Robertson, CEO Compleat Software, explains, “Most buying groups focus on the large items that are purchased, which in most cases is where the business is both diligent and competent at getting best price. CBG succeeds by focusing on everything else – it sweats the small stuff for you because you don’t have time to!”

The Compleat Buyers Group has secured preferential pricing and discounts from hundreds of leading suppliers across 1,000s of products and services. These products and services are presented to users through pre-configured and automatically maintained catalogues. As Compleat Buyers Group focuses on common discretionary spend and not specific vertical market specialisation, it is relevant to every type of organisation.

Compleat will undertake a detailed survey of an organisation’s spend, capturing information at a line item level on all purchase invoices for a period of one to three months. The current prices paid by the organisation are then compared to the Buyers Group prices and extrapolated to provide an estimate of the annual saving potential. The resulting report is a key component of the implementation project, enabling the relevant catalogues to be enabled during implementation and generating savings from the moment the system goes live.

Robertson adds, “Saving money is a top priority for every business in today’s austere Britain, as well as improved productivity, better cashflow and more timely & accurate management information. Compleat Spend Control will deliver on all four promises and will return on the investment in the first 12 months or we won’t sell it to you!”

“Whilst every organisation is different, our expectation is that the savings generated through Compleat Buyers Group will deliver a real and quantifiable cash ROI – in as little as four months! But once in place, these savings are then enjoyed year on year on year making Compleat Spend Control a very compelling proposition.”

Active Cost Management is another service available to members, where the Buyers Group buyer works on site with the client, providing additional resource and expertise to enable the organisation to maximise savings and the effectiveness of their spending. The Active Cost Management offering is flexible, enabling clients to decide on the number of days per week, (or per month) that the service is required.

Robertson concludes, “Compleat recommends the use of this service for organisations that do not currently have an individual that is responsible for corporate spend – which is most of the SME market – as it delivers the resource, expertise and process that can ensure the maximum savings are achieved over a shortest period of time. The key to it all is that by saving pennies on the large number of small purchases made each year, the pounds invariably look after themselves.”

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