To see the benefits of transforming your Consulting Procurement Capability you should regularly measure the impact.

1. ASK YOUR QUESTION
HOW TO MONITOR YOUR
CONSULTING SPEND?

2. It may sound
obvious, but…

3. You won’t see the
benefits of transforming
your Consulting
Procurement Capability
unless you regularly
measure the impact.

4. And the financial impact is an
easy one to track.

5. Setting a target is the best way
to make sure you are still on the
right track.

6. We recommend having in mind
some targets for the different
segments of Consulting
Expenses for the level of
expenses…

7. But also the performance and
expected return on
investment…

8. Segment your expenses
to identify trends and
patterns…

9. This segmentation will
come in handy when
you decide to
implement demand
management.

10. Track everything, even the tail.

11. If you are familiar with the notion
of tail spend, you know that,
when unmanaged, small
expenses can add up to gigantic
amounts.

12. You are now ready to create a monthly
Dashboard…
…to make sure your expenses
are under control.

13. Hélène Laffitte
Cofounder & CEO
• Consulting Sourcing Expert
• Author of Smart Consulting
Sourcing
• MBA Columbia Business School
Want to learn more?
Contact me & start creating
more value.
+1 (646) 477 5953
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CREDITS PHOTOS FROM UNSPLASH
Cover – John Schnobrich
Slide 1 – Nam Ahn
Slide 3 – Josh Appel
Slide 5 – Vince Flemming
Slide 7 – Carolyn V
Slide 11 - Carlos Muza