Cost Management Service

At Milsted Langdon, we understand the difficulties faced when dealing with overheads. The process can be time-consuming and more costly than necessary.

For this reason, we are proud to offer the Milsted Langdon Cost Management Service, delivered in partnership with Auditel, the UK’s leading cost and purchase management consultancy.

We work with a specialist and trusted branch of Auditel that works solely within accountancy firms and their clients. We have already seen significant success from the service, which we piloted within our own practice. In fact, we achieved savings of 26% on office consumables, 25% on utilities and 18% on archiving, and these contracts are now managed by the consultants, which leaves our team with more time to concentrate on our clients.

The service has been operating with the MGI Alliance of Accountants for many years and the savings have been significant. There are a large number of businesses that have achieved savings of over £100,000 per annum through reductions in strategic areas of spend such as freight, couriers, shipping, merchant cards and packaging.

Our experienced consultants are specialists in tendering and negotiation and have access to significant buying influence within the market. Using their specialised systems and industry knowledge, they are capable of analysing, tendering and achieving savings in most areas.

The objective of the service is to always be completely self-funding and leave the client with a profit. This is achieved through a fee structure that is both flexible and fair and best suited to the client.

We are happy to work on a retainer or contingency basis or on fixed fee projects. The contingency payment method is risk-free for your business. If we cannot make savings then we will not be paid. You, on the other hand, will have the assurance that your business is managing its costs as efficiently as possible.

To find out more, please view our Cost Management Service pdf.