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Efficient IT procurement puts Probrand 60% up on 2007
Birmingham based technology services provider, Probrand, has again posted strong sales for the first half year of trading, up 61% year-on-year to hit £27M, profits up 43%. The business is maintaining a steady course to break targets of £100M by 2010.
The company is citing increased sales to the public sector through its government specific online sales channel www.theitindex.co.uk/gov and continued upward growth in the private sector. Procurement operators continue to switch on to the bottom line savings and management functionality associated with Probrand’s Best Practice approach to buying IT.
With purchasing processes under scrutiny and public sector spending already being squeezed as organisations look to meet Gordon Brown’s saving’s dictat of at least 2.5% a year from 2008-2011, Probrand’s growth is the public sector’s savings.
The IT Index.co.uk/gov is based on the company’s flagship ICAEW accredited IT buying solution, The IT Index, and daily updates a list of 110,000 IT products from 1600 suppliers by best price and stock availability.
Uniquely the government version shows users three independent price and supply alternatives, so eradicating the need for public sector bodies to go to tender. Users see the current UK best value offer from multiple feeds, a CATALIST framework price and a best private sector price. This empowers users to make an intuitive purchasing choice for a best value purchase with the added value of exclusive public sector deals.
Peter Robbins, Probrand Managing Director, said: “With organisations taking a new look at how efficient their business is, we are seeing the beginning of the end of spot buying – a practice that costs corporate Britain time and money.
“Our process driven solution to buying inefficiencies is unlocking time and money savings for users. This is in turn adding value to the bottom line and importantly helping users do a better job for their organisation.
“Ongoing innovation and agility have galvanised our team to help drive strong sales in the first half of this year. We look forward to further success over the next six months.”
(July 2008)
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