-
Financial services whitepaper: Effective solutions for a stronger future
In the current climate, using resources as efficiently as possible is vital for the entire public sector. This whitepaper explores how you can save money, recover costs and support suppliers during COVID-19 and beyond.
Download the whitepaper -
Insurance whitepaper: How advance planning can achieve best value
To complement our new insurance framework, IS3, our category experts have developed a new whitepaper explaining how to secure the right insurance for your organisation, as well as offering tips to ensure you achieve value for money.
Learn more
Helping you to build back better
As the UK emerges from COVID-19, the public sector faces the challenge of continuing to deliver vital, world-class services despite unprecedented pressure on resources – both human and financial.
If we’re going to rise to this challenge, all public sector organisations need to take steps now to ensure they manage every pound and every hour as effectively and efficiently as possible.
That means finding ways to save money, generate money and recover money within your own operations. But it also means considering social value obligations. Spent right, every pound in the public purse has the power to strengthen supply chains and help the UK economy recover.
At CCS we have a suite of relevant and robust Financial Services frameworks that will help you strike this difficult balance. Whether you’re a central government department or a small local charity, we can support you with:
- easy ways to make immediate cost savings
- ethical revenue and spend recovery services (debt and overpayments)
- achieving the best value, balanced with sustainability
While also:
- supporting supply chain cash flow
- helping to sustain local businesses
With every pound working as hard as it can, we can emerge stronger and thrive together in a post-COVID world.
Financial Services to help you save, generate and recover money
We’re here to offer practical ideas and solutions to help your organisation tackle the challenges that lie ahead. We’ve grouped together frameworks under three specific areas, designed to help you achieve your goals.
SAVE
As public sector organisations continue to deal with financial issues arising from the pandemic, perhaps the immediate focus is on how to drive greater efficiency from every budget. These frameworks offer ideas and solutions that can help stretch budgets further.
-
Debt Management Services
Offers a range of debt management solutions to help identify customers in financial difficulty and develop a recovery strategy.
-
Payment Solutions
Procurement cards help you save time and money, as well as gain control, strengthen your supply chain and potentially earn rebates.
-
Leasing Advisory Services
Gives you access to specialist advice on leasing options, asset classes (types of assets) and saving initiatives.
GENERATE
After investigating how to make savings, the next logical step is to examine how you can generate extra revenue for your organisation. One simple way of doing that is through rebates – available with procurement cards.
-
Payment Solutions
Procurement cards can give you access to valuable rebates. They come in three forms – physical, virtual or lodged cards.
RECOVER
Now, more than ever, the need to maximise recoveries is crucial – whether it’s in the form of debt that is legitimately owed or erroneous payments to individuals and suppliers. However, there is the matter of striking the right balance. These frameworks will help you consider the fairest way to meet financial obligations, while being mindful of social responsibilities.
-
Debt Management Services
This range of services allows you to consider various options around recovery including analytics, collections, litigation and enforcement.
-
Spend Analysis and Recovery Services
Incorrect payments and charges can happen, but recovery is possible even years later, restoring valuable funds to your organisation.
-
Payment Acceptance
Choose from a range of payment acceptance services. You can also take an overview of your end-to-end payment landscape with the help of specialist payment consultants.
Why choose CCS for your Financial Services procurement
- part of the public sector ourselves, we’re well placed to understand your organisation’s requirements
- CCS collective buying power – we’ve done the legwork, securing best in class services, at the lowest risk and at the best price available to the public sector
- in-depth industry insight and financial expertise, specific to public sector needs
- we understand, deliver and support social value
- a breadth of solutions on offer – including those that can save, generate and recover funds
“It goes without saying that the pandemic has had a huge impact on everybody in the UK. At CCS we have focused on identifying practical ideas and solutions to help our public and third sector colleagues maximise and protect budgets in the current climate. The frameworks highlighted can each in their own way contribute to efforts to save, recover and generate funds as we navigate the financial road ahead. Please remember, we’re here to help. I wish you and your colleagues well in these challenging times.”
Paul Allison
Head of the Financial Services Group,
Crown Commercial Service
Let's get started
From commercial agreements that service your financial needs through to ones that actively recoup funds, we’re by your side to help you to get the most of every pound.
Blogs, news and case studies
-
Discover how the Household Support Fund is helping tackle cost of living challenges
Local councils can support vulnerable households with energy, food and water costs by utilising the Household Support Fund, and our Tail Spend Solution agreement can help
Read more about Discover how the Household Support Fund is helping tackle cost of living challenges -
Join our aggregated contract by 2 December 2022, for support distributing cost of living funding
We are pleased to announce an aggregated call-off contract is now available for use by local authorities in England to support disbursing payments to citizens through government initiatives.
Read more about Join our aggregated contract by 2 December 2022, for support distributing cost of living funding -
Incorporating social value into debt recovery
We want to support the public sector by providing solutions for debt recovery which is why we have added mandatory requirements incorporating social value into our Debt Resolution Services framework.
Read more about Incorporating social value into debt recovery
Knowledge is power
Our financial services experts have put together these resources to help you reach the right buying decisions for your organisation. From industry insights and success stories, to in depth product details, you’ll soon be prepared and ready for the next step.
-
Balancing act: financial recovery after COVID-19
We partnered with CIPFA to deliver a webinar on the immediate, practical steps organisations can take make the most of every pound in the wake of the pandemic. Watch our webinar and discover how you can save, generate and recover money while meeting your social value obligations.
Download the webinar -
Explore our debt recovery solutions
As COVID support schemes wind down, levels of debt in the United Kingdom are expected to rise. For many public sector organisations, this will potentially force a huge increase in the number of customers and suppliers falling into problem debt. Watch our webinar and get prepared.
Download the webinar
-
Commercial agreements: digital brochure
Download our updated digital brochure for the latest information on our agreements and how we can help you add power to your procurement.
Download our digital brochure
We're here to help with all of your financial services needs
Get in touch to find out how
Talk to us
CCS customer services team is available Monday to Friday, 9am to 5pm.
Email:
info@crowncommercial.gov.uk
Telephone:
0345 410 2222