Representatives from each of the investing companies have seats on the board of directors. ProSavvy allows organizations to procure prequalified consulting services through the Internet. According to Gold, companies requiring consulting services can use ProSavvy, reducing the time and risks often associated with getting consultants. His company specializes in manufacturing, information technology and telecommunications. The company generates revenues in three ways.
Affiliate consulting groups pay a fee for listings.
The company also charges a transaction fee as a percentage of a billable project. It also charges a licensing fee for large accounts. This translates into 15,000 consultants. The company integrates a best-practice process in obtaining performance data on consulting firms. ProSavvy began operations in 1995 as an online database service.