Parcel BI- The Perfect Tool for Private Equity Groups

Can Parcel BI Help Private Equity Groups?

Absolutely! Parcel BI is perfect for private equity groups that are trying to manage parcel spend from multiple companies. One of the major benefits of private equity groups is the ability to leverage the group purchasing power, the other benefit is the ability to improve areas of the business that might be struggling because of a lack of insight.

We provide powerful business intelligence tools that help them consolidate spend from all entities in order to leverage the group's full buying power, while giving the insight and control both at the group level and at the lower entity level.

Private Equity Group Challenges

The challenge that a lot of private equity groups have is seeing if a contract is going to impact one of the companies negatively, or if each company is using different carriers. They want to know if they blend those companies, what options are best for that entity.

There are third parties that offer discounted, brokered carrier rates that are good, but not great. These rates seem appealing for companies that lack insight, time, or expertise to get optimal rates and understand the needs of the group collectively, or the entities individually.  But Parcel BI is truly a better solution, tailored to address not only contracts, but the operational cost savings that all the members can realize, and the equity group can monitor.

How Does Parcel BI Help?

business intelligence tools for private equity groups

Parcel BI offers a platform that can slice and dice by account numbers and segment the data on an individual basis. Our tools allow for analysis for contracts, general parcel health, and more to ensure that the best practices are being used across the entire group. This gives the group the high-level view that it's looking for, and the low-level view that they need operationally.

The data consolidation is automatic, which makes it easy to see all of your companies' data in one place, so you can drill into your data and find important information for each specific company. 
For contract negotiations, you can use Contract Edge to leverage the buying power of the group, measure and compare savings, and filter the comparisons by each member entity. If looking to split services between carriers by preference of the individual entity, then that can also be looked on a “best-fit” basis instead of a “one-size fits all” approach.

Bottom Line

Parcel BI gives Private Equity a single spend-management portal to: 

  • Negotiate the best agreements individually and as a whole
  • Keep both primary carriers engaged and competitive 
  • Tailor the agreements around the spend of the group holdings
  • Provide additional insight into the spend to expose further cost reduction measures that each entity can take to drive out costs

Learn More About Parcel BI and Private Equity Groups

If you are interested in learning more about Parcel BI and how we can help your private equity group take control of your data across all entities, contact us today! 

You can also learn more about our tools by watching more videos like this in our video library
 

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