Rrayze has a strong commitment to value for money, which is reflected in the business plan and in service-delivery plans.
What is value for money?
Contrary to how it sounds, value for money isn’t just about saving money! It is about ensuring that the business is efficient, effective, and economical.
Efficiency
This is a measure of productivity – how much you get out in relation to what you put in. It is the efficiency of converting resources (inputs) into results (outputs).
Effectiveness
This measures the impact of obtaining value for money. It can be quantitative (the amount of effectiveness) or qualitative (the value of effectiveness).
Economical
This is the price paid (the impact on people as well as actual money spent) for providing a service at best value, taking price and quality into account.
What we do to secure value for money
It is our aim to continually assess opportunities to enhance our services to customers and actively involve our employees and customers to achieve value for money.
We continually look for the best value for money by sourcing the best solution at the best price. And we’re always looking for ways to make our services work more efficiently and effectively.
There is a culture of “do the right things” and “do things right”, helping ensure our service delivery is efficient, effective and economical.