It’s late December and your staff is busy trying to tie up all the year-end loose ends; budgets are finalized, accruals are being made, and the financial reporting prepped. Time to look ahead to next year and make some resolutions that could make 2018 your most profitable yet!
Resolve to review your key operating expense line items to:
Determine if you are paying the optimal price you can for services and supplies – have you actively negotiated with the vendor recently?
Review the vendor invoicing – have you confirmed billing against the most recent agreements?
Revisit the status and location of all vendor agreements – have some of them “auto renewed" and do you have copies easily accessible?
Sound like a lot of work? Expense Consulting can assist you with all of these projects; our experienced consultants can ensure that you are getting the best pricing and, with our auditing, confirm you are paying no more than what was originally agreed to. We utilize our extensive data base of vendor and market pricing to ensure you get the best pricing without sacrificing service – 82% of the time we renegotiate a better deal with your current vendor. We prepare a master schedule of vendor contract expirations and ensure you don’t just “renew” without a formal discussion or RFP. Most importantly, we audit your current and past billing to make sure you are not overpaying for your goods and services per your agreements.
RESOLVE TO MAKE 2018 THE YEAR YOU INCREASE YOUR CASH FLOW AND YOUR BOTTOM LINE with the help of Expense Consulting. Our contingent based shared savings approach ensures you only pay with found dollars.
EnergyCenter Every business consumes energy. We hope you find this chart useful when benchmarking your energy costs. Please note, Expense Consulting is a licensed utility aggregator, so be sure to contact us for the best possible energy pricing.
About Expense Consulting
Expense Consulting is a full-service accounts payable auditing and cost reduction consultancy, helping organizations significantly reduce operating expenses. Since 2009, we've helped hundreds of organizations recover millions of dollars of over-billings and have secured millions of dollars in future cost savings. To learn more about reducing your organization's expenses, contact us at 860.761.3500 or visit us at www.expenseconsulting.com