What AIQ Does
AIQ increases your profitability by saving money.
This enables you to return investment to shareholders and create budget for further investment in the business.
AIQ analyzes all of your non-employee vendor expenses, then predicts and delivers hard dollar savings made available by applying its unique business process developed over 30+ years.
How AIQ Does It
AIQ reviews your financial data, then identifies categories where it may be effective in providing savings within a 5% range. AIQ then reviews your contracts and invoices and compares that information to its market data. AIQ then provides a savings estimate to within ½ of 1% accuracy along with actionable data that you then use to select the categories you want AIQ to work on.
Then AIQ applies its business process, analytics and decision support to deliver hard dollar savings.
What You Get Out of It
AIQ provides a fully managed process. In connection with the process, you provide access to data and make decisions. AIQ provides the rest. The result is fully audited implemented contracts between you and your suppliers that match the financial results predicted at the beginning of the process. In 2016, AIQ clients saved an average of 44.6% on their expenses which were included in AIQ’s scope of work. This typically results in 100’s of thousands of dollars of savings for its smallest clients, and $3-5M in savings for its typical clients, of course, the largest companies save much more.
Lower Cost. Faster Growth. AuctionIQ.
Making money is great. Saving money amplifies your success. With our innovative processes and refined approach, AuctionIQ saves its clients an average of 44.6% on their service expenses.
- “Over the years I have seen a lot of organizations claim huge savings on similar kinds of projects and frankly, I was skeptical. But AIQ really delivered measurable and demonstrable savings that had a great positive impact on our year-end goals.”
Jennifer TejadaCEO at Keynote Systems
- “Each time AIQ brings me $10 to $16 million in savings per year in different projects, it creates a huge opportunity. We free up money to fund the investments required for additional productivity initiatives.”
- “TravelClick personnel are aggressive, expert, and ambitious in their management of IT services. Working collaboratively with AuctionIQ, we were pleased to achieve the significant additional savings AuctionIQ delivered, along with broad exposure to a wide array of valuable supplier diversity options and market data.”
Larry KutscherCEO at TravelClick
- “"I have to say that I was skeptical entering this process but there is no doubt you all know your stuff and are true experts. There is no way I would have been able to secure the rate you captured and the new rate plan is a 50% savings alone." ”
Gregg FabbriCompuware Dynatrace
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