Auditel Can Save You Money Whatever Kind of Business You're Running

Auditel Can Save You Money WhateverAuditel Can Save You Money Whatever Kind of Business You're Running PR Newswire LONDON, February 11, 2014 According to Deloitte's third biennial cost survey 2013, 76% of respondents expect their company to reduce costs over the next 24 months. However, they also found that in 2012, the failure rate for cost initiatives climbed to 48%. This means that nearly half fail to achieve their goals. Chris Allison, Managing Director of Auditel, the UK's leading cost management consultancy, comments: "Our own recent survey with Management Today suggests that the majority of organisations are focussed on simple cost-cutting or cost-reduction exercises. Effective cost management, on the other hand, requires software tools to monitor what is done. Then there must be a process for giving management information to the decision-makers, at the start, throughout the activity and at the conclusion, when improvements have been put in place. Many companies lack this facility. An increasing number have decided to outsource for specialist knowledge." Over the past 20 years, Auditel has worked with more than 5,000 firms and has delivered greater returns than their in-house resources could have achieved. As Allison reveals, these results were consistent across every kind of industry and commercial sector. "We find that all types of businesses seek to manage their costs more effectively.