• Government Actuary's Department saves £170,000 with buyer friendly IT marketplace

Client

The Government Actuary’s Department (GAD) employs approximately 160 staff across 2 offices.  As a ‘shared service’ supplier to the UK government the department provides actuarial analysis and policy advice for the publis sector.

Challenge

Buying IT under pressure amidst a market where price and stock change every minute is a tough ask for any IT or procurement team.  It traditionally consumes large ampounts of time manually comparing products, prices and stock levels. 

Getting deals and discounts each sector is entitled to, particular when it comes to securing the right framework pricing in a simple and efficient manner also adds to the challenge.

With large order volumes the margin for wastage is increased.  

Danny Harris, Head of IT, Government Actuary’s Department, said: “I had an urgent IT project and needed a quick and easy way to buy.  I went out to four suppliers who provide framework pricing, which often consumes a lot of time manually comparing and gathering price and stock information."

Solution

The Probrand Marketplace saves users time and money when procuring IT by delivering real-time price comparison on over 300,000 products and services from more than 2,500 brandss and suppliers. 

All prices and stock levels in the channel are updated by-the-minute in a ‘live’ transparent environment – with technical experts on hand to support buying decisions when needed.

Sector specific deals, including dedicated public sector framework prices are automatically flagged against every product, saving further time qualifying if a price meets government policy.

The Probrand Marketplace has been accredited for delivering financial benefits by the Institute of Chartered Accountants, procurement excellence by the Chartered Institute of Purchasing & Supply (CIPS) and innovation with a Queen’s Award.

Benefits

“Probrand’s marketplace enabled me to quickly search 300,000 products and services showing live price and stock from multiple suppliers in one place.  
 
“I could review all personalised framework pricing and immediately see savings over standard pricing as well as other special discounts in the channel.  
 
“Real-time price comparison across suppliers on every product saved me time and assured me I was getting the best possible price in the market.”         
 
“And, the large order discount feature saved us £170,000 on one order alone.” Danny Harris, Head of IT, Government Actuary’s Department.