AI That Thinks Like an Expert, Works like a Partner
AI-driven cost monitoring isn’t one-size-fits-all. At SIB, we train AI with expert knowledge to build custom spending tools for your business.
We Work With Great Clients
Total Savings Delivered
$
0
Billion+
Clients Served
0
+
Pricing Benchmarks
0
+
Our Solutions
Cost Reduction
Reduce business costs to increase profitability by an average of 11-34% across multiple spend categories without changing vendors or service levels.
Private Equity Value Creation
Reduce indirect spend without friction or risk and close EBITDA gaps while keeping portfolio management focused on growth.
Blockchain
Embrace the future and eliminate telecom billing and ordering challenges with accurate-rated inventories, self-funded smart contracts, and the industry’s only live blockchain solution.
Contract Compliance
Generate immediate and lasting cost savings. Hold vendors accountable to their service promises and pricing commitments by recouping credits for billing errors.
Utilities Management
Manage change and complexity, save money, and prepare for the future with optimized contracts and modernized solution designs for essential services.
Logistics Optimization
Leverage data analytics, proprietary benchmarking, and decades of carrier negotiating experience to turn shipping into a competitive advantage.
Industries We Serve
Businesses of all types rely on many services to operate successfully—and virtually every business is overpaying across a range of expenses. We’ve reviewed 15+ spend categories with $5.5 billion in spend under management across 70,000 locations. We know the best rates and terms that apply to your industry. And we know how to secure and sustain them
on your behalf.
Franchise/Multi-site
Simplify your workload and save money by optimizing every vendor contract and relationship that is critical to your business operations.
Government
Better understand your spend and create savings within any stage of the budget cycle to empower your teams to get the greatest value from their service providers.
Hospitality
Spend your resources on your guests–not on overpriced vendor bills.
Manufacturing
Find and eliminate a costly source of waste without a single change to operations.
Multifamily
Spend smarter so you can invest in areas that support growth and keep rents competitive.
Restaurants
Keep unnecessary costs from taking an oversized bite out of your bottom line.
Retail
Feel confident in knowing what business services like shipping, waste management, credit card processing, telecom, and energy should cost.
Senior Living
Continue to provide value to the people depending on you without changing vendors or disrupting operations.
Telecommunication
Prepare for and move to blockchain with confidence in your inventories and future growth and innovation in mind.
How SIB Can Assist in Fixed Cost Reduction
Fixed costs are the regular, predictable expenses necessary to keep your business running. However, there are a large number of hard-to-manage operating costs that are prone to billing errors and tend to creep up over time. These include: insurance, property taxes, utilities, shipping, SaaS spend, treasury services, telecom, and many more. These SG&A costs may be termed “fixed” but they can be adjusted, optimized, or negotiated, to reduce your overall business expenses.
- We analyze your fixed costs, spending history and contracts.
- Our analysts leverage proprietary technology and analyze billions of data points every year.
- We regularly assess market rates, conduct vendor negotiations on your behalf, identify billing errors, secure better pricing, and recommend alternative vendors if necessary.
- Our fixed cost reduction and contract compliance teams can identify opportunistic areas for cost reduction and secure savings for you in 15+ spend categories without forcing changes to vendors, service levels, or disrupting operations.
Featured Resources and Case Studies
Outsmart Inflation and Recession with a Strategic Approach to Cost Reduction
Six experts share their insights on how CFOs can reduce operating costs in today’s economy. Get the guide to learn their best advice for saving on energy, IT/telecom, shipping, waste management, and more — while also boosting profitability and building value
Outsmart Inflation and Recession with a Strategic Approach to Cost Reduction
The CFO's Guide for Spending Smarter in Uncertain Times
Six experts share their insights on how CFOs can reduce operating costs in today’s economy. Get the guide to learn their best advice for saving on energy, IT/telecom, shipping, waste management, and more — while also boosting profitability and building value
The CFO's Guide for Spending Smarter in Uncertain Times
See What Our Clients Say
“…SIB achieved major savings across the board without diminishing our vendor services or relationships… Their findings were clear and detailed and accurate…I would gladly recommend SIB to other large healthcare providers that could use help with an outside audit.”
Genesis Healthcare
Jason Dobry, MBA, CPSM, Senior Director of Spend Management
“…SIB’s biggest success was savings on our fleet leasing costs. We move a high volume of material everyday…we dramatically reduced our fleet leasing costs in addition to thousands saved in monthly telecom and armored car services.”
American Signature, Inc.
Bryan Beam, Chief Operating Officer
“…SIB found thousands of savings by reducing our banking fees…They were easy to work with and they respected our preference to retain services with our current vendors…We will recommend them to other quick serve restaurant franchisee in the future.”
Tecala, LLC | Taco Bell
Ragan Cain, Treasurer
“…SIB’s recommendations will result in a six-figure reduction in our treasury fee expenditures…Their review was prompt and efficient…they presented their findings with a great deal of specificity and clarity…We will recommend them to others with high operating expenses.”
USI Insurance Services
Nancy Coldwell, Director of Treasury
“…SIB has industry experts in each field and individual business units with decades of knowledge into the complexities within each service category…They presented findings in a matter of weeks…which will result in a significant six figure reduction in annual expenditures.”
HARSCO (Now Enviri Corporation)
Michael Kolinsky, Vice President, Treasury, Tax, & Real Estate
“…They exceeded our expectations… We were thrilled to hear that SIB found annual savings in the six figures including huge savings in credit card processing—one of our largest expenses. Partnering with SIB is a win-win.”
Eye Care Center
S. Karen Bullock, Finance Director
“We were impressed by SIB’s meticulous process and the breadth of recommendations with savings in no fewer than eight different spend categories…SIB is perfectly suited to the hotel business and assorted vendor costs common to our industry.”
Donohoe Hospitality Services, LLC
Jack Fritsche, SVP & CFO
“The first project commissioned was a utility tariff rate optimization study. This project already delivered over $750,000 in savings including a refund of over $600,000 from PG&E. The process was seamless and didn’t require any county staff time or resources to support or implement. We are excited to launch additional projects in other expense categories.”
Kern County Califorina
Ryan Alsop, Chief Administrative Officer
“We recently enlisted SIB to review our bank fees and we were very happy with the value their team delivered….We lacked the benchmarking data to compare fees among these banks and complete this review internally and we didn’t have the time or resources to analyze, negotiate, and implement these fee reductions in an efficient manner.
…SIB’s work will result in an impactful reduction in our annual treasury fee expenditures.”
ServiceTitan, Inc.
Kristin Alvarez, Senior Manager, Treasury & Insurance
Savings delivered to our clients.
$
0
B+
Clients served and counting.
0
K+
We bill on contingency and only on the savings you accept.
0
% Risk
Database of pricing benchmarks and deep industry expertise in each spend category.
0
K+
Spend Less for the Same or Better Business Services.
You don’t need to change vendors or settle for subpar service to get a better price. Let our experts serve as your advocates, providing the data, tools, and category expertise to optimize your contracts and
relationships.
Simplify All Your Spend, All-In-One Place!
Ready to reduce your costs across your top spend categories? Get started with a no risk, comprehensive evaluation of your vendor transaction history and put our market intelligence and industry expertise to work to spend smarter and improve your bottom line.
Simplify All Your Spend, All-In-One Place!
Ready to reduce your costs across your top spend categories? Get started with a no risk, comprehensive evaluation of your vendor transaction history and put our market intelligence and industry expertise to work to spend smarter and improve your bottom line.
