We generally focus on cost reductions since we can't increase prices, and increasing sales without reducing costs is backwards in our book. In other words, implementation of quality management systems that support accreditation also support profit improvement via cost reduction, and thereby provide economic value. Some providers have pursued accreditation for the opportunity to increase or maintain sales volume by being accredited. Being an eligible provider for some contracts requires accreditation. Therefore, accreditation adds value by allowing a provider to participate in a larger universe of contracts.
Providers often get so caught up in building the business that they fail to build systems.
Systemization has long been regarded as the best method to create efficiency in organizations. While the system has been designed to create repetitious use of processes in order to protect quality, the fallout is efficiency. Most of us abhor any task, process or assignment that requires us to spend time on documentation. Documentation with an appropriate purpose and design is a key component of efficient processes. So accreditation adds economic value by reducing costs.