What is FFE?
Furniture, fixtures, and equipment (or sometimes referred to as furniture, fixtures, and accessories (FFE or FF&E) includes movable furniture, fixtures, and equipment that are not connected to the physical structure of a building. Furniture necessary to run a business falls into this expense category. Items like computers, desks, chairs, conference suites, lamps, cubicles, electronic equipment, tables, bookshelves, and dividers are all examples of FFE. These items depreciate over the term of their use, so it makes sense to purchase FFE at reduced costs.
The atmosphere of an organization is an important factor when determining the projected tone clients wish to convey.ACC’s work with trusted national and local partners supply and install the FF&E your businesses needs to out perform the competition.
As an additional benefit, ACC’s partners offer design services and an extensive product catalog at no extra cost. Keeping your organizations FFE costs down and space modern never been easier.
The ACC FFE Program Includes:
- Copiers / Printers
- Office Furniture
- Desk Chairs
- Reception Furniture
- Pressure Washing
Why Plan and Manage FF&E Costs?
When clients walk in the door to your business, the space they see should reflect your commitment to professionalism. It’s important to maintain proper seating, lighting, carpeting, flooring, etc. so clients and vendors feel comfortable when they’re in your business — it it gives them confidence in your organization. As important as these items are, it is easy for FFE costs to add up as your business grows. Instead of investing an unplanned amount on the top interior fashions and equipment, ACC can assist with a cost strategy, helping to drastically reduce your next big FFE purchased creating a long-term plan to keep this essential procurement spend area in check.
Understand the Performance and Cost of your Equipment
Before your business, PE-backed companies or college begins the process of driving out equipment expenses, it’s important to understand exactly how much you’re spending on it. The ACC cost reduction team works vigorously with your business to understand where your expenses originate and helping you plan for upcoming FFE expenses. We stay on top of both ongoing purchasing needs as well as assisting in planning long-term cost savings and FFE spend strategies.
Expense Strategy and Cost Reduction Process
ACC has national purchasing agreements and relationships that most organizations cannot achieve independently. We review your expense history across all vendors in each category to establish an accurate baseline of previous spending. We work with your incumbents and our trusted network, levering national agreements and our proprietary procurement process and to achieve meaningful savings. Once new pricing is established, we assist with implementation to lower your furniture, fixtures, and equipment pricing. After pricing is implemented, our proprietary audit spend process tracks spending to ensure your team is purchasing the most cost-effective equipment that is included in your contract.
Incumbent FFE Suppliers vs. Sourcing New FFE Suppliers
Many businesses have long term relationships with suppliers of all types. While close vendor relationships can be beneficial to an individual or department, it rarely benefits your organization as a whole. Typically, the longer a company has worked with a vendor, the higher the chances your expenses go unchecked and contracts renew without term reviews. When it’s time to renew a contract, pricing may not change, but there is a good chance there is an annual price increase built into the agreement. Because your business has spent so many years with one supplier, it’s easy to trust them, and it’s comfortable and convenient to order your FFE from that same suppler.
Unfortunately, it’s in these comfortable relationships where you end up paying far above the normal market price. ACC ensures your business receives the best possible price across 35+ non-core procurement categories. If your company receives benefits from current vendors or suppliers, we are often able to negotiate these same perks with lower costs.
A Risk-Free Fee Model
We work with companies across many verticals and industries. ACC operates on a performance-based fee model; if there are no savings, there is no fee. Our team gets paid only after savings hit your bottom line and are verified through our proprietary audit process. We work diligently to provide the most competitive pricing for your business and we’re confident that your results will yield best-in-class market pricing.