The firm Edutech International provides various IT related services such as strategic planning, designing satisfaction surveys, contract negotiations for major software projects, conducting needs analysis and also developing budget models for the company. Their website shows their past history success with many companies from various fields. Apart from this company, the Global Consultants Incorporated or the GCI provides a lot of different services to its clients from professional services to management services.
The professional services are like providing services on cost effective methods as well as providing high quality services in web management, customer service management, database administration and support as well as software designing and development. The management services are further divided into 3 types of services such as the ongoing partner program whereby this company manages the procurement issues for the company, the sunset program whereby GSI brings in more repeat business from the client’s current database and they also have the payrolling services whereby GSI allows the clients to outsource the Human Resource, payrolling and other areas that causes the clients liability.
As we can see from the above, both companies offer very different services to its clients. The first company, Edutech International provides more basic services to its clients as compared to GSI which provides more extensive services as explained above. Apart from that, GSI provides more variety of services to suit various types of customers as compared to Edutech. Thus, GSI is able to cater to more a more diverse clientele and its applicable to any business from almost any industry. Apart from that, GSI has also more experience and a more positive track record than Edutech International in this field.
The above companies have proven to have really help companies in various positive ways. One of it is thru increasing their profit levels. As we can see above, both the companies provide various specialized services to its clients, and one of those important one is the cost related services as well as the administrative services. One of the most significant thing that these companies do when they take over is to immediately work on cost control. Cutting down on cost is a vital step for most companies as they can actually save a lot from all those unnecessary expenses. Thus, when they hire these companies, they not only get to learn about cost control, but these consultants can actually teach them which areas they should look out for in future to control their cost and which area they should watch constantly and so on.
Apart from that, the consulting companies also help to widen and maintain customer databases. This is also vital as having to bring in profit to the company. Bringing in new customers for a company isn’t such an easy thing as these days the competition is really high and a lot of companies are providing similar or if not better services. Thus, it is important to create a niche market for the clients to differentiate them from the other competitors.
Apart from that, more and more companies have moved into bringing in repeat clients as its much more profitable for the company. The above consultants have to use sales and marketing methods to bring in the above customers which could cost a lot of money as you need to spend on advertising, marketing and so on. Thus, maintaining a repeat client allows the company to save money on the above.
Some consulting companies also give you the strategic direction and allow their clients to do it according to their own preference. This can be based on your training, processes, experience and luck. A consultant company could sometimes even work off site depending on what the client wants. Basically, they try to maintain a professional relationship with their clients. Furthermore, the clients also have more flexibity in their relationship with the consultant firms. Apart from that, it is also easier to terminate consultants than your own employees, thus, it gives the client more freedom in keeping their consultants.
The consulting companies provide their expertise and services to anyone that can afford to pay them as they are paid according to their agreed contract as signed between them and the client. Consulting companies help their clients to save time and money. For example, a client signs a contract that within 6months they want to see 25% profit increase. Thus, the consultants will then plan and start enforcing their strategies and help to run the company either completely or only on certain areas as requested by clients. If they achieve the goal of 25% by the end of the 6months period, the clients will pay them the agreed rate.
This actually saves time for both parties as the company owner would know when to expect a profit and can start planning from there on rather than just planning and doing something without expertise and losing out more money. Thus in conclusion, hiring consultants brings in more positive effects than negative ones. It saves the clients from all the training expenses, time, money as well as its ideal for short term bound projects.