Get the best performance from your audit firm

Audit arrangements can be complex and open to interpretation. 

Like other contracts, getting the right people and the right team with the right contract and incentives can achieve outstanding results.

However without regular focus, internal audit contracts can atrophy and under perform. 

How we can help

Like any other purchasing category, market knowledge and purchasing insight is essential. 

Todd Davies & Associates are the niche players in this space working with organisations through all aspects of the contract lifecycle - from category strategies through to function design, procurement, technical evaluation, contract management and renewal.

We know this market incredibly well. We are non-vendor aligned and have acted on the buy and the sell side for contracts of all shapes and sizes - secondments, body shop, specialists, panels, sole source, turnkey, co-source, outsourced delivery and fully outsourced functions. 

We know the firms intimately and know how to create relationships which work to the strengths of both parties. Having worked on the buy and the sell side we know all the tricks of the trade, why some contracts work, why some don't and how to underpin success. 

Through our assistance we have been able to help our clients to:
  • Set market strategy

  • Structure the right contracts and market response

  • Let and evaluate tenders

  • Set up new contracts for success

  • Streamline the approach

  • Turn around under-performing contracts

  • Develop genuine partnerships

  • Achieve cost savings

  • Structure contracts which create value for both parties

  • Reposition their function

  • Achieve higher performance

When to engage us

Smart organisations typically engage TDA when:
  • There is an opportunity for contract renewal or extension

  • They want to improve the performance of their current arrangements

  • They want to set up arrangements which ensure multi-year success and are easy to manage

  • They want access to the latest thinking, benchmarks and market knowledge

  • They don't have the bandwidth to lead the exercise personally; or

  • They want access to particular expertise to ensure the contract is balanced in the client's favour.

Don't leave it to chance

This is a complex and important purchase that requires smart planning and execution.  It is too important to be left to chance.

It is never too early to engage, but leaving things too late is a good recipe for poor outcomes and leaving value on the table.  The right time to engage is when you're first thinking about the need for a change.

Contact us to find out more and to book an obligation free discussion.