Cost & Productivity Optimization
This project aimed to optimize departmental costs and boost productivity by streamlining workflows and enhancing vendor management practices. The initiative included renegotiating vendor contracts to achieve significant cost savings and implementing Monday.com as a centralized platform for managing tasks and projects. By creating efficient processes and improving team collaboration, the project successfully aligned operational efficiency with financial goals.
My Role
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Led the renegotiation of vendor contracts, securing significant cost savings while enhancing service agreements.
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Developed a centralized OneDrive system for corporate vendor contracts and built a process to continuously review and assess platform costs for ongoing cost reduction opportunities.
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Identified operational inefficiencies and implemented a streamlined workflow using Monday.com to manage requests, tasks, projects, and campaigns.
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Supported the effort to clean up and centralize corporate policies, programs, and guidelines using Microsoft 365 SharePoint, ensuring easy access and alignment across teams.
My Approach
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Conducted a comprehensive review of vendor contracts to identify renegotiation opportunities, documenting key terms, renewal timelines, and cost structures for improved oversight.
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Collaborated with the accounting department to create detailed monthly expense reports, regularly reviewing them to validate charges, address discrepancies, and identify opportunities to cut unnecessary costs.
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Developed a system to allocate platform costs by establishing a list of company-sponsored, high-performing loan officers and implementing an authorization process for sales team members requiring access to paid technologies.
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Introduced Monday.com as a centralized platform for managing workflows and tracking tasks, enhancing team collaboration and visibility across all projects.
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Built custom dashboards to monitor performance metrics and progress, while delivering tailored training sessions and ongoing support to ensure seamless adoption and maximize system efficiency.
Results
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Achieved a 31.82% reduction in technology costs, resulting in significant budget savings and improved resource allocation.
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Implemented advanced workflows in Monday.com, boosting team productivity by 30% and streamlining task management across departments.
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Enhanced collaboration and operational efficiency company-wide, accomplishing these improvements without incurring additional costs.
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