We audit and negotiate with vendors every day. This experience gives us an inside picture of errors and historical tendency for overcharging. We’re often able to obtain refunds for up to five years after uncovering erroneous billing practices.
Regardless of the type and size of the negotiation challenges that you may be facing, SIB can assist you in the strategic planning and execution of your business negotiations.
Some fields in which we have effectively negotiated:
- Payroll Service
- Debt Restructuring
- Cost Segregation
- Maintenance Contracts
- Medical Transportation
- Armored Car
- Elevator Maintenance
- Outsourced Staffing
- Security Guards
- Grease Trap Cleaning
- Pest Control
- Computer Hardware Maintenance
- Software Contracts
- Hood Cleaning
- Dishwasher Maintenance
- Floor Cleaning
- Drive-Thru Maintenance
- Ice Machine Maintenance
- 401K Management
- Drug Testing
- Class Action Settlements
Audits for Vendor and Contractor Services
SIB audits your latest vendor and contractor invoices to find savings in several critical areas:
Is your vendor upholding their end of the contract? Our vendor review specialists thoroughly check each contract for compliance and to ensure you’re not spending money on charges that aren’t part of the agreement.
Billing errors and extraneous charges
Over the course of months and years, billing errors and extraneous service charges can profoundly affect your bottom line. Our experienced vendor cost reduction analysts look for billing errors and overcharges dating back as far back as 5 years.
Best in class rates
Using our industry insiders’ knowledge of unpublished discount rates, we’re able to get you the best rates on vendor services.
Vendor and Contractor Negotiation
SIB’s fixed cost reduction analysts are uniquely equipped to handle negotiations with your current contractor or vendor. Because we work with vendors and contractors on a daily basis – and because we employ former leaders in the industry categories we support – we know the established margins in each industry, the unpublished discount rates and strategies for negotiating successfully with each type of contractor.
We serve as your single point of contact throughout the cost reduction process and handle all negotiations and implementation. We also monitor your bills on an ongoing basis and correct any billing errors or issues that arise along the way.
Vendor-Neutral Fixed Cost Reduction
SIB doesn’t want to change your vendor. While we always research competitors’ pricing to ensure you’re getting the best rates, signing you up for new services and vendors isn’t what we do. SIB saves you money with your current vendor, helping you avoid the hassle of deciding on a new one.
Contingency-Based Expense Management
SIB doesn’t bill you until after we implement the agreed upon savings. Our solid financial backing enables us to take on contingency-based cost reduction projects of any size. Whether you run a single local business or you oversee multiple business locations, our expense management consulting reduces monthly expenses and improves your bottom line.
Take Advantage of Fixed Cost Reduction Today
SIB offers risk-free audits that save your company money without forcing you to pay an up-front fee. Our analysts possess the knowledge and in-depth experience to find cost reduction opportunities and save you money.