- June 28, 2016
Reduce Unavoidable Costs with Expenditure Control
What is Expenditure Control / Quality Expenditure?
Expenditure Control as the name suggests is a control over the expenditure incurred but this is not done by cutting down the essential expenses or grudging the business of every penny that would have enhanced the development and growth of business. It is prima – facie done by an actual analysis of the expenses incurred with regards to the market costs of similar resources, benefits derived from such expenditure, duration for which the benefits shall be derived and such similar scientific basis.
How is it different from Cost Cutting?
“If you wish to grow, rise and reduce the costs but remember, quality is of utmost importance”
In sync with the above lines which are very apt, emerges the concept of Expenditure Control. Cost-cutting is a procedure wherein efforts are made to reduce the costs but Quality Expenditure or Expenditure Control is an icing on the cake as it not only helps reduce costs but also ensures that the quality of the deliverables is maintained and further enhanced wherever possible. It is the most beneficial combination of paradoxes - the best of quality and lowest costs are minimal and quality.
Is Expenditure Control for me?
Expenditure control also known as Quality Expenditure is a very vital element and is applicable to every fold of life right from huge businesses to house-holds. This prudently implies that even you are covered by the Expenditure Control or Quality Expenditure regime.
How can we help you?
With a team that is professionally qualified, possess wide exposure and highly customer-oriented we can help you in various ways for undertaking Expenditure Control/Quality Expenditure. To list a few –
- Conducting analysis post thorough understanding of your business to ensure personalized and result-oriented mechanism
- Undertaking market analysis with regards to the cost and quality of similar services
- Undertaking a cost-benefit analysis of the goods and services
- Estimating the tenure for which the fruits reaped out of goods/services shall be enjoyed
- Ensuring that the creditors are not over-paid with regards to the quantum of goods/services received
- Ensuring that the creditors are paid in time so as to avoid interests paid on bills
- Due compliance with the applicable Statute etc
All in all we not only appreciate but also understand your desire to grow and hence are always here to help accelerate your growth pace and accomplish your dreams. You may feel free to contact us on [email protected] to avail our expertise and ensure that all possible efforts are made to achieve the best.