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The Client-Vendor Partnership Model (CVPM) main premise is sharing the risk with our clients, which is rarely seen in a client-vendor relationship and yet it is the cornerstone of success for TTI, Inc.
The value to our clients of a true Client-Vendor Partnership continues to fuel TTI's growth and has been especially evident in the current business environment. As a result, TTI's revenue has grown over 40% during the past 3 years. Today, TTI is a national provider of IT Consulting, Managed Technology, and Staffing Services and Solutions, with offices in New York, Boston, Chicago, and Baltimore.
Traditional Consulting vs. CVPM
The traditional consulting model makes consulting cost-prohibitive for many organizations who are attempting to reduce and control their costs. The fundamental flaw of the traditional consulting model is that it is risk-free for the vendor, since the client is often responsible for costs on an hourly basis. Labor is the primary cost associated with consulting services and TTI utilizes a well managed, lean business model to reduce total cost and make it more predictable. TTI offers pricing on a per unit basis, in order to share the risk with our clients and form a true partnership.
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Using CVPM, we can work with your organization to immediately and dramatically reduce cost, lead times, and risks involved in undertaking a specific project. In addition, TTI will manage all reporting, billing and asset management functions related to services we provide, thereby saving our client additional funds and headcount.
Today's businesses are looking for a better way to manage consultant and full time employment issues and TTI's CVPM can achieve that goal. CVPM eliminates co-employment risk, as all employees of TTI are paid on a yearly salary and TTI provides unambiguous management and direction for all of our employees.
TTI has successfully implemented CVPM at some of the most prestigious financial institutions in the world, saving them millions of dollars a year, while significantly improving the quality of services provided.
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Case Study:
A large Financial Services Firm retained TTI to submit a competitive bid for PC Builds & Deployments across the organization.
The firm chose TTI to implement a solution, and based on the Client-Vendor Partnership Model (CVPM), the following results were achieved:
- TTI's turn-key solution provided a single point of escalation for all services, management of staff, monthly status reports, management of all billing, and a significant cost savings:
- Cost savings per thousand builds and deployments:
- Desktops: $ 115,000
- Laptops: $ 210,000
- Total differential between previous vendor & TTI pricing: $628,925
- Additional cost savings:
- Reduction in daily operations (2-3 persons) - $200,000 - $300,000
- 2 Previous Vendor's partner on billing - $200/hr X 2,080hrs = $416,000
- Total Annual Savings ($) using TTI: $1,244,925
- Total Annual Savings (%) using TTI: 44%
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