“I’ve been thrilled by the positive impact on our bottom line, as a result of shifting focus from raising revenue to reducing hidden expenses, with the expertise of Matt Brannelly. With the help of these experts, we will have saved more in a year than we would normally bring in from fundraising over the same period! While the donation dollar and raising revenue from external sources is getting harder and harder, maybe the first place to start is to look internally for efficiencies. And telecommunications is only the first area we've looked at! NFP's new income stream could be as simple as finding genuine efficiencies. The challenge is finding the right person/people with the expertise to achieve this. In my experience, Matt Brannelly has been instrumental in bringing together a group of specialists to identify efficiency opportunities and deliver real solutions.” - Deb Cottrell, CEO Carers Queensland.
FRESH PERSPECTIVES TO HELP YOU ACHIEVE YOUR GOALS
The Orbit NFP Advisory Hub connects business professionals with NFP industry leaders to share their combined knowledge of trends, issues, and opportunities.
Our team of experts works alongside your management team to achieve tailored solutions to achieve your goals.
CLP PROCUREMENT COSTS REDUCED BY $317K pa
Background – CPL – Choice, Life, Passion is an NFP organization providing disability, therapy, employment, and aged care services across Queensland.
CLP PROCUREMENT COSTS REDUCED BY $317K pa
Background – CPL – Choice, Life, Passion is an NFP organization providing disability, therapy, employment, and aged care services across Queensland.
The Challenge – No internal procurement resource to lead procurement and contract management activities and low level of expenditure control, due to the decentralized procurement model.
The Solution – Increased transparency of procurement procedure, spend limits and approval authority and planning of procurement resources to address high-value categories. Charles Kendall also negotiated fundraising rebates and donations as part of key supplier contracts and improved contract database.
The Results – Hub member delivered $317k in annualized financial savings in addition to qualitative benefits resulting in a return on investment of more than three times.
To find out how the Orbit Hub could assist your organization to uncover cost savings contact matt.brannelly@orbitstrategies.com.au
