The Resource Renewal Project is an initiative dedicated to strengthening the financial health of nonprofit organizations through best practices in procurement, more efficient processes and reduced costs, allowing you to focus on what matters most. We work together to continuously improve the ability of nonprofit organizations to save money, enhance business processes, and plan major initiatives.
Our expertise is helping organizations maximize their savings through supplier relationships. We facilitate the process of evaluating and selecting preferred suppliers to reduce expenses and improve services. We continue to work on each program to ensure that our agreements remain competitive over time.
Each new program begins with an audit of accounts payable data and recent invoices from organizations similar to yours to identify specific products and prices. This data is used to determine average savings by product, service and program area. Upon implementation, we receive detailed monthly purchase reports from suppliers, which are used to calculate achieved savings for each organization. Please contact us if you would like a customized savings analysis prepared.
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