At Dominus Tech, we consider optimum performance to be the achievement of exactly what was set out in the commercial agreement with a client. If your company deviates from this, your company is suffering from Margin Erosion.
An example of margin erosion may be undercharging a client for the personnel hours provided. Your profits are negatively affected when anomalies and deviations are not spotted in real time. Our CEO has had the misfortune of dealing with a tribunal in a previous role that could have been easily avoided if Dominus Tech tools were at hand. Unfortunately they were not; his employers spent many hours attempting to recuperate mistaken payments, made out to an employee that was not meant to be paid. With Dominus Tech, this situation would have been avoided due to the anomaly being flagged early. This in turn, would have saved a lot of company time, especially that of highly paid executives, who have other important projects and goals to complete.
Companies that do well to avoid most of their margin erosion pain, spend many hours making sure they are not subjected to these financial losses. Dominus Tech’s mission is to remove the painstaking hours required to fine comb data and spot every performance deviation in real time. With Dominus Tech, you can reinvest the time and money saved, increasing profits and creating more opportunities for your business.
On average we save our clients 13.22% on net profits, while easing pressure on resources. For us, our mission is clear, our tools are user friendly and easy to integrate with the software your company currently runs. By operating with Dominus Tech services, your risk portfolio is managed by our risk management engine and deviations from optimum performance are pinpointed in real time, so you can act fast when alerted to both issues and opportunities.