Case Study – city & guilds group
About City & Guilds Group
City & Guilds Group believe in the power of skills to build successful careers, businesses, and economies. Together with ILM, Kineo, The Oxford Group, Ditalme and Gen2, City & Guilds are able to provide a broad and imaginative range of products and services that help people achieve their potential through work-based learning. The Group’s purpose is to help people, organisations and economies develop their skills for growth.
As a result of several acquisitions, City & Guilds Group’s c.900 connections were split across five contracts with three different network providers, including one contract that was sourced through an independent mobile phone agent.
The procurement team identified a large increase in actual vs. projected costs of its main O2 contract. City & Guilds Group stipulated that Billmonitor’s remuneration was based on delivering results, agreeing on a success-only approach to ensure they were only paying for actual savings.
Using the unique Billmonitor software, Billmonitor identified significant cash-saving actions:
“While City & Guilds Group has always been very cost conscious, the complexity of managing nearly 900 connections across five contracts made it very difficult for the procurement team to identify cash savings; something our Billmonitor software could discover in a few hours.
What started as a one-off account review turned into an 18-month mandate to maximise savings and to improve expense monitoring and reporting across the group.”
Managing Director, Billmonitor LTD
Popular in Insights
Reduced monthly cash costs and increased hardware fund deliver nearly 50% cost savings.
A huge total savings of 65% over a new 24-month contract.
Congratulations to Billmonitor NED Sally Dicketts, who was made a Dame in the New Year Honours List 2023 for her ‘services to education’.