TECHNOLOGY COST RATIONALIZATION
WWW.LPKGROUP.COM 804.205.5074
What We Do? We help companies identify and realize cost savings opportunities and effectively manage and measure supplier relationships. Our Service: We focus on spend analysis, benchmarking, contract management, and negotiations. We work with our clients to minimize costs without reducing services. Your Benefit: On average a 10% to 20% savings and a better understanding of your spend. LPKGROUP
Who We Are Former SVP, CIO, CTO, and Directors with over 50 years combined extensive experience at cost conscious and process driven companies such as GE, Genworth, Vanguard, and HRH (now Willis Group). Let us be your advocate in reducing costs while you run your business as usual.
Companies we have worked at...
LPKGROUP
Service Offering (Scope) We look across IT Expenses and Investment Budgets: 1. Software and Licensing costs and usage 2. Desktop & Laptop purchasing costs and standards 3. Help Desk costs (per user costs) 4. Desktop Management and Support cost (per user costs) 5. Printers and Print Management Expense 6. Network and Telecomm Expenses 7. Wireless Services and Expenses 8. Telephone/Telephony Expenses 9. Data Center Expenses LPKGROUP
How are we different? ‣Compensation model (no upfront charge). Revenue
based on actual savings realized. ‣Scope not limited to one function, but total IT spend. ‣Speed of execution. We can provide findings and recommendations within days. ‣Vendor Independent. ‣Top talent with vast experience of managing vendors and purchasing.
Our focus is value creation LPKGROUP
Client Profile Insurance Services Financial Services Media Services Medical Services Property Management Food Services Legal/Law services Non-profit Organizations
LPKGROUP
Medium 1,000 to 6,000
Stretch Targets
Target Companies
Future Focus
Current Focus
14,500 Companies in the US
Small Less than 1,000
Size of Business
Large More than 6,000
OUR SCOPE
Less than $15M
LPKGROUP
$15M to $45M
More than $45M
I.T. Budgets
THE PROCESS 4 Phase Process
1 2 3 4
Responsibility
Pre-Sales •Lead generation •Sales call •Initial meeting
Initial Assessment
Duration: 1 to 2 weeks
•Data gathering Questionnaire •On-site meeting to complete Initial Assessment •Document of Understanding
Client
Recommendation
Duration: 1 to 2 weeks •Present Target Savings Opportunity •Impact & Timeline for Execution •Statement of Work for Pending project
Implementation
•Detailed Saving Plan •Detailed project tasks •Execution of savings initiatives •Savings Realization
LPKGROUP
Client
We Beat Expectations!
$140,000,000
Total IT Budgets
We have achieved 15% or greater IT budget reductions
$20,000,000 Savings Identified
Aggregate IT budgets reviewed and Savings identified by the LPK Group
LPKGROUP
20%
In one year, identified 20% savings by re-negotiating contracts, improving processes for infrastructure with no staff reduction or organizational changes.
33%
Achieved 33% first year IT savings by converting an insurance unit of Bank of Americas from E.D.S.
100%
100% success rate in re-negotiating lower pricing with some of the largest IT Service providers, such as, Microsoft, CISCO, TATA Consulting Services, Pitney Bowes, Global Crossing, XEROX, ShoreTel to name a few.
$20M
Completed review of $140 million IT budget for mid to large size companies and identified $20 million in aggregate savings.
LPKGROUP
CONTACT US WWW.LPKGROUP.COM 804.205.5074 INFO@LPKGROUP.COM