Selecting suppliers for meetings & events that will add value to your company can be a tedious journey. GCO Consultancy will help you to avoid the risks associated with this journey from pre-selection, to determining the right requirements, to going through highly complex selection processes, and comparing incomparable proposals. We will help you to focus on the key factors and help you strip this journey down to the essential requirements, resulting in a lean, fast and effective process. Based on years of experience, GCO proposes a two-step approach to procurement: Pre-selection based on 10-20 knockout criteria and final selection based on in-depth analysis. We know which questions are most relevant in each phase of the selection process and we enable our clients to leverage our knowledge in this field.
We will also help you implement KPI’s to monitor the chosen suppliers continuously on quality of services and compliance with agreements. Monitoring supplier performance can be difficult, because service parameters are often intangible. The monitoring process should always include periodic reviews of measurable criteria, but sending auditors on-site is another effective way to monitor performance and compliance. GCO can assist in determining the criteria for periodic review of your suppliers and help you implement these KPI’s in your organization.
GCO was (one of) the first Professional Congress Organizers in the industry facilitating VAT recovery in Europe on all eligible spend categories, reducing total bottom-line spend with 10 to 20%. It is essential that your Professional Congress Organizer operate fully transparent. GCO Consultancy will help you implement the financial model to recuperate VAT included in your meeting spend, while making sure all legal requirements are met.
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