In 2024 the annual total third party spend across local authorities in the UK surged by 10%, reaching £91.8bn. Standard budget and financial management systems often lack the necessary tools to assess contract performance and efficiency, leaving councils with limited visibility and control. To achieve short-term savings, some councils have reduced the capacity of their procurement teams while transferring commercial responsibilities to individual services, affecting their ability to fully capitalise on cross organisation commercial opportunities.
Newtrality stands apart from larger consultancies by offering collaborative, tailored support grounded in real local government experience.
Recognising the growing need for insight into commercial spending, we have developed an offer tailored to client needs. This approach has proven successful across numerous councils, enabling them to better control their external spend. We offer an initial complimentary ‘snapshot' assessment that provides objective insight into potential savings in third-party spend. This service identifies the key commercial opportunities, helping you see the full extent and trend of your spending. From this snapshot we offer a range of consultancy services to develop practical action plans for in year and future savings, commercial negotiation toolkits and training and support to upskill commerciality.
The outcome is not only financial efficiencies but strengthened procurement and contract management practices. We can help you take back control, release in-year savings, and strengthen your long-term approach to commercialisation.
Our service is instrumental in preparing for local government reorganisation (LGR). By providing a clear understanding of current spending and identifying areas for improvement, councils can ensure they are well-prepared for the changes and challenges that come with LGR. This proactive approach enables councils to optimise resources, and achieve greater financial stability long term.
Newtrality stands apart from larger consultancies by offering collaborative, tailored support grounded in real local government experience. Our evidence-led approach and commitment to quality ensure clients receive tailored solutions that deliver measurable results.
To learn more or discuss your requirements, contact me at jane.clayson@newtrality.co.uk.
