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GIBSON HEWITT HELPS BUSINESSES INCREASE PROFITABILITY BY GENERATING A NEW REVENUE STREAM. Gibson Hewitt has recently launched a ‘Procurecard’ service, which is a spend management service enabling businesses of all sizes to directly increase profitability through the introduction of a valuable new revenue stream.
The service works by combining the buying power of thousands of companies to negotiate rebates with preferred suppliers in the procurement of essential goods and services. Clients benefit from rebates averaging up to 10% on a wide range of categories, including gas, electricity, water, insurance, office, telephone, IT, waste disposal and many others. Procurecard is risk free and there is no entry cost.GH does not charge consultancy fees for this service. They simply retain part of the rebate obtained from the supplier in return for administering the scheme, whilst paying the lion’s share to the client by way of a monthly rebate. This gives an immediate and positive impact to the client’s cash flow and bottom line. ‘I’ve asked a number of people to see if they can spot any snags in this scheme’, commented GH’s Head of Procurecard, Paul Guilfoyle. ‘They simply can’t. This is one of those rare opportunities where clients have nothing to lose by investigating the scheme. Procurecard is endorsed by a leading accountancy body, which has recommended the service to its members. I am delighted that we are one of a very small number of firms in the country to have been approved by Procurecard as a delivery partner. ‘Many companies, particularly larger businesses are buying efficiently at their level of spend. However, when their spend is added to the group spend more often than not a bulk buying rebate can be obtained at no cost. Companies are often too focused on increasing sales. Of course this is important but can you imagine how much additional turnover has to be generated to achieve the same increase in profitability as a 10% rebate of expenditure!’ For an application form or to discuss further contact your usual point of contact in the firm or Paul Guilfoyle on 01932 336149 or paul@gibsonhewitt.co.uk
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