ERA Group

Invisible Horizons Coaching and Consulting has partnered with the ERA Group to generate expense reduction for its clients.

A risk-free way to improve your bottom line.

Cost Management is a critical component of an organization's ability to stay profitable. For the last 30 years, ERA has consistently found that even when organizations are doing a good job with their cost management, they are still leaving 10-30% on the table in many cost areas.

The ERA Group provides specialized expertise, real-time industry benchmark data, and practical insider knowledge in more than 45 supplier industries. ERA analysts will assess your business for opportunities to increase cash flow and improve operational efficiency. And if they don’t find savings, there is no fee for their services.

Why continue to leak cash that can offset inflation, improve your bottom line, or be redeployed to higher-priority initiatives? Reach out today for your benchmark review from the experts at the ERA Group to ensure you are receiving market-best pricing.

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How It Works

Step 1: Analysis

ERA Group prepares a report on your current status quo in the selected cost categories where you think savings may be achieved.

Step 2: Research

ERA Group will present you with an options report, based on their expertise and long-standing experience in the supplier markets to show you where potential savings may be achieved.

Step 3: Selection and Implementation

Once you have chosen an option, ERA Group facilitates the implementation of the savings process in your company.

Step 4: Monitoring

Over the next 24 – 48 months, ERA Group monitors the savings actually achieved in performance reports. These savings are the basis for their remuneration.

Take the ERA Group Cost Management Confidence Quiz:

Column 1

Column 2

Questions

Score

How confident are you that your team is effectively managing both your core and non-core expenses regularly to ensure market-best pricing and terms?

1 2 3 4 5

How confident are you that your team is validating that existing suppliers are meeting the terms of your contracts and assessing current market conditions before automatic renewals take place?

1 2 3 4 5

How confident are you that your team understands the complexity of your supplier markets (benchmarks, trends, technology, etc.) so they can validate supplier price increases?

1 2 3 4 5

How confident are you that your team understands the risks that exist in your current supply chain mix?

1 2 3 4 5

How confident are you that your team is validating that all invoices are correct and meet the terms of your existing contracts?

1 2 3 4 5

How confident are you that business processes and procedures are up to industry standards and not causing you to leak cash?

1 2 3 4 5

Cost Management Confidence Score:

There are no rows in this table

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Your Results:

If your score is less than 25, you could be doing business even better.

Why continue to leak cash that can offset inflation, improve your bottom line, or be redeployed to higher-priority initiatives?

Reach out today for your complimentary benchmark analysis from the experts at the ERA Group to ensure you are receiving market-best pricing.

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ERA Benchmark Analysis Call

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