Expense Reduction Services – Understanding recurring operational expenses, requires connecting with the finance department and analyzing expenses used to support the organization.
Though every organization has different vendors, we have found, they rely on the common thread of services that most businesses use as listed below. It’s here where we find you savings.
We take the above agreements and contracts and review them to ensure that your pricing is the lowest available for the services you are receiving. This is accomplished by being thoroughly knowledgeable of the market prices for these services and making sure your pricing is consistent with the service.
We contact all these vendors, and others if requested by the client, to make sure our client is not overpaying or incurring increases that are above competitive price points. We validate our findings by providing the client a monthly update of savings directly attributable to our efforts.
As part of the process, we like to meet with all department heads to learn about the outside services they use and budget line items that coincide with that expense. When requested, we often make suggestions on competitive vendor solutions, making sure that our client is always presented with best of breed solutions.