From B.C.s most western shores to the jagged coastline of Atlantic Canada, the NFP and charitable sector make up more than 15% of Canadian businesses, with a collective $240B worth of buying clout. They inhabit a unique niche within their community, and have fostered a deep connection to it. They're the ones in the trenches, confronting and combating head on, the issues that present the biggest challenges to a community and it's constituents.
As such, the needs of the not-for-profit sector are unique. Spending tactics and cost structures are heavily scrutinized, funder and other regulatory requirements can be strict. Round Table Procurement Services understands this. For 20+ years, we have helped many broader public sector (BPS) organizations embrace innovation and achieve savings and operational efficiency in their supply chain and procurement processes.
Some of the more important challenges faced by these organizations include:
rising costs vs dwindling revenue streams
balancing revenue and expenses
internal resource constrains
increased government involvement
We add the appropriate level of rigor to your current procurement environment that minimizes risk and provides the confidence that standards are being met and best practices are in place. We will manage your procurement functions directly, allowing you to focus on the core responsibilities of your organization.
These services include:
Foundational Development: help in developing a solid, efficient procurement process - establishing the policies and procedures necessary to ensure its sustainability.
Compliance: our focus is on compliance, transparency, accountability. We can ensure compliance standards are being met, helping mitigate risk and ensuring your NFP stays legal!
Supplier Selection: guidance in identifying potential suppliers, soliciting supplier information (via an RFI, RFQ, RFP etc.), contract negotiation and management, supplier evaluation.
Shared Experiences: leveraged /group buying with other organizations; collaboration with others in the not for profit sector experiencing similar challenges or who have overcome similar obstacles.