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Indirect Expense Review
and Supplier Negotiation
In
today's economy, cutting costs and reducing overhead are as important
as increasing sales, in order to increase a businesses profitability.
Our aim is to provide our clients with a long-term solution, to
reduce the amount of money paid for regularly purchased goods and
services, thus creating significant hard cost savings. In
order to identify the bottom-line results of our analysis, an
Expense Management, Inc. representative will develop a detailed
analysis and report that will outline the savings potential from
our recommendations.
We start our process by reviewing your General Ledger Statement
and targeting the expense areas in which we will be able to provide
the greatest potential for savings. After determining the
categories in which we can aid your company, then gathering a large
sample of current invoicing, we will work with your incumbent and
alternative supply sources. We select supplier(s), which only
offer the highest level of service available in each industry.
We have chosen only those companies, which can match or improve
the level of service our clients currently receive from their own
suppliers. These suppliers will be the ones which best meet our
clients’ needs. By representing the collective volume of hundreds
of businesses and combining the purchasing power of all of our clients,
we are able to obtain pricing that is substantially more competitive
than our clients can enjoy on their own. In addition, our
clients benefit from some unique supplier relationships that we
have as well.
In
addition in being able to provide our clients, considerable hard
cost savings in various expense categories, we are now aiding companies
in the E-Commerce and E-Procurement areas. We can help drive
corporate compliance and yield additional soft cost savings by performing
vendor consolidation; maximizing efficiency; reducing ordering processes,
payment processing (invoice processing and reconciliation) and manpower.
In the end, we quantify your options and make recommendations via
a final report. Upon you approval in determining which suppliers
to utilize, we assist in the implementation of the new pricing or
alternative suppliers.
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