Cost Savings

Network Insolvency was founded and now operates upon three non-negotiable principles:

Providing Peerless Support for Small Firms with Big Plans

Network Insolvency ‘gets it’. We know your pain points and offer you solutions that enable you to focus on your business, without having to sweat over admin, negotiating deals and toiling over issues you don’t have time for.

A ‘One Stop’ for Everything You and Your Business Needs to Operate and Grow

From discounted insurance and technical packs and help, to total compliance support, onboarding, training, recruitment, admin and cashiering. Being a member of a network grants you all the benefits of being ‘part of something’ whilst retaining your identity and ambition.

Offering Huge Cost Savings for an Affordable Monthly Subscripition

From just £875 per month for incredible support and provision of essential services that save you money, giving you access to the kind of discounts and deals usually only enjoyed by the top firms. Use our contacts, influence and bargaining power to get the best out of every deal.

The BENEFITS AND COSTS OF MEMBERSHIP

We set out below the two ‘options’ for membership of Network Insolvency. One includes document packs and checklists and the other does not (as we appreciate some firms are already committed to a deal on packs). In the fourth column the acronym ‘PVoS’ = ‘Potential Value of Savings’.

Including Packs and Checklists	Not Including Packs and Checklists	Service/Product	Estimated Savings/Discount
Cost of a monthly subscription for all the support, services and discounts set out in the column below £1,125 PM SAVINGS ON A COST OF AT LEAST £27,575 PA. SAVE A MINIMUM OF £14,100 PA. IN ADDITION RECEIVE THE TOTAL SUPPORT OF THE NETWORK INSOLVENCY TEAM … AND BE AN IMPORTANT PART OF SOMETHING	Cost of a monthly subscription for all the support, services and discounts set out in the column below £875 PM SAVINGS ON A COST OF AT LEAST £25,150 PA. SAVE A MINIMUM OF £12,200 PA. IN ADDITION RECEIVE THE TOTAL SUPPORT OF THE NETWORK INSOLVENCY TEAM … AND BE AN IMPORTANT PART OF SOMETHING
Please contact us and chat through the options and your actual requirements. We pride ourselves on working closely with our members to ensure they get precisely what they need to get the best for their business.
Document Packs / Checklists	--	The most up-to-date, concise, practical packs on the market; compatible and coded for IPS and Aryza Insolv 2.0. Complete with practical checklists	Usually £1,100 per pack (with checklist). 50 – 75% discounts available. PVoS: £3,500 - £4,250
Bonding & Insurance	Bonding & Insurance	Highly competitive rates with a top quality insurer on PII, open cover and bonding cover, with group-negotiated premiums and dedicated claims support	Savings of £1,000 - £2,000 on PI insurance cover and on bonding each case. PVoS: est. £3,500 pa
Compliance Support including remote or in-house ICRs	Compliance Support including remote or face-to-face ICRs	ICRs pre-RPB visit or as a sense-check. Remote or in-house. Use of RPB -approved checklists, with highly collaborative feedback, reports and training	Saving of £350 - 500 per day. PVoS: up to £1,500 per ICR
Technical Support	Technical Support	A dedicated technical helpline, via email, phone or WhatsApp	Usually £750 - £900 per month. Members receive this for £1,100 pa. PVoS: >£10,000 pa
Case Management System	Case Management System	The Document Packs we provide are fully-coded for a CMS of your choice, with guaranteed discounts from the provider	Negotiated discounts on supply of CMS. PVoS: estimated 5 - 10% of normal cost
Onboarding: Training and Support	Onboarding: Training and Support	For new staff, we get everyone onboarded and up-to-speed instantly with fully certified AML, GDPR, MLTPF Policies, Ethics, and Complaints web-based training. For existing staff, annual certified training on all the above	All this training is free of charge to all members. PVoS: £375 pp
Verifiable and Reportable CPD	Verifiable and Reportable CPD	On-app, fully flexible, RPB verifiable and reportable CPD for all staff, with a dashboard that allows you to see exactly what each of your team members has done	Every staff member needs CPD, whatever their status and role. PVoS: £200 - £600 pp. Attending conferences and events alone can cost more than £1,000 pa. Replace all of this with a single low cost
Training: Introductory Training	Training: Introductory Training	Highly practical Induction and Introductory training in processes and procedures to get recruits up-to-speed … and useful to the business. Practical and inspirational	Discounts on on-app webcast-based training with a ‘test’ to check knowledge and understanding. PVoS: £200 pp
Training: CII and CPI	Training: CII and CPI	Flexible choice on top quality exam training courses to match your budget. The best support and great results	10 – 20% discounts on the best exam training. PVoS: £300 – £600 pp per course
Training: JIEB	Training: JIEB	Flexible choice on the best Joint Board exam training to match your exact requirements	10 – 20% discounts on the best exam training. PVoS: £300 – £600 pp per course
Training: CPD	Training: CPD	Flexible creative ‘CPD’ training to fill knowledge gaps, ensure compliance and keep up-to-date. Remote, on-app or in-house	Any training or information sharing you need. Usual daily rates are £1,850. PVoS: £500 per day
IT Support and Buying Power	IT Support and Buying Power	Access to excellent remote IT support. Discounts on hardware	Discounted rates for IT support. PVoS: £100 pm
Recruitment of Staff	Recruitment of Staff	Access to specialist insolvency recruiters at highly competitive rates	Discounted rates and access to the right people. PVoS: £100 pm
Access to Insolvency Cashiering Admin	Access to Insolvency Cashiering Admin	Part-time cashiering staff as and when required (no need for a full-time commitment)	Discounted rates when you need cashiering support. PVoS: £100 pm
Access to part-time admin and back room staff	Access to part-time admin and back room staff	Access to experienced admin and back room support when required. Back up, with no need to employ full-time	Discounted rates and access to the right people. PVoS: £100 pm
Meeting Rooms and Work Spaces	Meeting Rooms and Work Spaces	Discounted rates for excellent spaces as and when required	Negotiated rates as and when required. PVoS: £100 pm
Stationery and Office Essentials	Stationery and Office Essentials	Bulk buying and access to discounted rates on office and working essentials	Discounted rates when required. PVoS: £100 pm