Key Reasons to Collaborate
There are many reasons consultancies choose to collaborate with us at Assent Risk Management, including:
- Expanding Resources without employing more staff.
- Covering availability issues, for example where client projects have a short deadline.
- Accessing New Skills of consultants with particular competencies or knowledge.
- Increasing capacity to bid on large projects or tenders.
Collaboration Risks & Controls
Of course that are risks to manage when collaborating, but we have controls to mitigate most of them, including:
- Client Ownership: We can completely segregate joint clients in our CRM and other systems. We can establish non-compete and non-disclosure agreements where needed.
- Communication: Our back office is adept at keeping everyone informed and ensuing projects are delivered.
- Conflict of interest: We manage potential conflicts of interest in our relationships, read how we do that here.
- Payments: Our finance team pays invoices within 30 days, regardless of whether the client has paid us.
- Consultant Competence: we’ve developed an industry leading competence programme to ISO 10015. Read more about our CM&PD Scheme.
How We Work in Collaboration
There are three main ways we collaborate with other consultancy firms.
| Referral | Joint-Project | Resource Provision | |
|---|---|---|---|
| Summary | You pass on projects directly to one of our group companies and receive commission. | Work in partnership with us to deliver a project or venture. | We’ll provide any people, technology or other resources you need for your project, under your brand. |
| Invoicing | We invoice the client, you invoice us for the agreed commission. | Client invoices can be handled by us or you – as agreed. | You invoice the client. We invoice you for the resources you use. |
| Client Relationship management | We manage the relationship with the client. | The relationship is managed jointly. | You manage the relationship. |
| People Fees | We invoice the client directly and pay you a commission of 10% during the project and 5% for work there after. (Max 3 years) | We invoice at a discounted day rate for our portion of the project. | We charge you 80% of our standard day rate, giving you at least 20% profit margin. |
| Technology Resources | We use our technology stack to deliver to the clients. | Technology stack is agreed at the start of the project. | We use your technology, unless directed otherwise. |
| Advantages | Low overheads and input from you. Receive commission to boost your revenue. | Retain some control and oversight of the client. Expand capabilities and availability. | You retain complete ownership and control of the client. |
For larger collaborations we can also operate a relationship management plan to ISO 44001!
Summary
We want to grow our network and help you grow yours! Contact us to discuss consultant-to-consultant collaborations!
This page is mainly aimed at consultancy firms. Other ways to work with us as an individual consultant:
