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Information Technology Cost Control Solution |
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Information technology (IT) costs related to hardware and software maintenance, in addition to ongoing depreciation of technology-related assets, now make up the majority of the typical IT budget. Surprisingly, even though this is a major cost driver, very little focus is given to reducing IT budgets. CRS can help by reviewing ongoing maintenance costs and ensuring that technology acquisitions are completed with the best possible pricing as well as contractual terms and conditions. |
CRS provides clients with an average savings of 10-25% on annual hardware and software maintenance costs and acquisitions.
Most purchasing professionals deal with a limited number of transactions and vendors, and therefore do not have many opportunities to become highly familiar with the specific technology vendors they are negotiating with. Furthermore, several IT purchasing departments have limited bandwidth to address non-time-critical procurement negotiations. Conversely, most IT professionals understand the technology but are unfamiliar with vendor negotiation techniques. The result is that often times your company ends up paying more than it needs to.
If your company spends over $1 million in non-personnel IT costs, CRS has the technology and vendor negotiation expertise to identify and reduce software maintenance and licensing renewals an average 15-25%. The reduction for hardware and software purchases averages 30-40%. Because of our knowledge and understanding of the strategies of key vendors, we are able to achieve the best possible cost for your IT needs.
CRS acts exclusively as a customer advocate. Our sole mission is to improve the productivity and profitability of our clients' IT costs. CRS is vendor-neutral with no bias to any vendor. In addition, CRS is NOT a seller of software or equipment, nor do we take any commissions from any vendors.
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| The CRS team, led by an ex-CIO of a multi-billion global corporation, accomplishes these cost savings in the following areas: |
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Software Maintenance Cost Reduction |
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Using our technology-negotiation experience and industry knowledge, CRS will work with your software vendors to achieve cost reductions related to software maintenance. This will be achieved by negotiating lower rates and/or restructuring contracts and service levels to better match your specific needs. |
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Hardware Maintenance Cost Reduction |
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Our team of seasoned consultants will work with you to compile a comprehensive inventory of your technology hardware. After defining required service levels, CRS will negotiate with existing and other potential hardware maintenance vendors to reduce the cost of hardware maintenance services. |
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Software Purchase Cost Reduction |
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Utilizing our market intelligence and technical knowledge in combination with our negotiation expertise, CRS will work with your IT and procurement teams to achieve the best possible pricing for your software purchases. Whether or not you have begun the negotiation process, CRS can assist by reducing the acquisition cost. CRS will also work with your internal procurement and/or legal counsel to verify that the contractual terms and conditions are the most favorable possible to ensure continued protection of your valuable technology assets. |
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Hardware Purchase Cost Reduction |
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Working with your internal teams to define the optimum hardware configurations, CRS will utilize our industry knowledge, including information about third-party resellers. Using our negotiation skills, we will ensure that all hardware purchases are made at the lowest possible cost. CRS can accomplish this whether it is for a single transaction for a unique project or for blanket agreements covering ongoing technology hardware acquisitions. |
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IT Services Cost Reduction |
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CRS will work with your internal teams to reduce IT consulting costs by negotiating lower rates for consulting services on either existing contracts or for new projects. |
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Outsourcing Services Cost Reduction |
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If you are considering either total or partial outsourcing of IT services, CRS will work with you to help identify potential service providers and negotiate the lowest possible pricing. In addition, we will work with your internal procurement and/or legal counsel to verify that the service level agreements and contractual terms and conditions are the most favorable possible to help ensure continued cost control, accountability, flexibility, and the highest levels of service. |
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Mergers & Acquisitions Support |
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CRS can provide support both during and after a merger or an acquisition. We can assist in providing reviews of contracts with respect to assignment clauses, etc., as well as negotiate new terms where necessary. This ensures that any resulting software, hardware, or service contracts contain the most advantageous pricing as well as terms and conditions as a result of the change in control. |
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Best Practices |
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CRS provides proven evaluation, procurement, and management processes to benchmark your company's technology and IT contracts.
CRS has developed the best solution to assist your organization in defining, controlling, and reducing your company's IT costs. If our process does not reduce your organization's IT costs, we will not charge your company for our services.
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| Start realizing your savings today! Contact
Us for your FREE consultation and analysis! |
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