The 5% Pledge is for those companies that want to demonstrate their commitment to the

community in an easy and effective way … AND … increase profitability

A key Alliance Partner of ProfitID’s that works with businesses to recover cash flow being lost through their supply chains has made the 5% Pledge program possible.

Our partner will assign 2% of their contingency fee (a percentage of the cash flow generated for your company) to a nonprofit of your choice.  If a business matches the 2% then our partner will contribute another 1% to bring the total contribution up to 5%.

Table 1 shows the additional cash flow that can be generated for your business along with the level of funding the 5% program can create for a nonprofit organization of your choosing.

Table 1

*  Estimated dollars recovered from supply chain is based on many thousands of projects completed by our Alliance Partner

**  2% contribution made to nonprofit with no out-of-pocket cost to participating business

***  3% contribution made by ProfitID’s Alliance Partner and 2% contribution by business to nonprofit of their choice

“Recovered Dollars” estimated are based on averages across a broad selection of industries. 

Things to consider before deciding if the Pledge 5% program will be a good fit for your business

  1. Cost reduction engagements generally need to recover at least $100,000 in annual cash flow
    • This might not be possible if your supply chain expenditures are less than a million dollars
  2. Time investment of 4-6 hours per project
    • Depending on the size of your company the number of projects could range from 2-3 projects to over 20 so the time investment could range from 8 hours over a 3-6 month period to over 120 hours spread out over a two year time frame

3. Vendor relationships

  •  In most cases businesses participating in a cost reduction engagement will stick with their current vendors because they like and trust them
  • A “competitive environment” is created by implementing a bid process
    • Some businesses may not feel comfortable placing their longtime vendors into a competitive situation where they know that their pricing and service levels are going to be bench-marked against the marketplace