blog 5 mins read March 27, 2024

6 Overspending Excuses Hoteliers Need to Eliminate Now

With human capital being the number one priority for hotel operators, it's easy to understand why hoteliers lack the time to dig into other, hard-to-mange spend categories. If you are looking to drive efficiencies today, it’s imperative to dive in and tackle these spend areas that are notoriously hard-to-manage and prone to consistent price creep. The good news is, many of the reasons for failing to evaluate or address these costs in the past are based on common misconceptions.

Read More
blog 6 mins read March 27, 2024

Find a True Third Party Logistics and Fulfillment Partner

Five things you should consider when searching for a new third party fulfillment and logistics partner that meets your current needs and future growth plans. How our team of shipping and fulfillment experts work with clients to identify and vet potential partners with long term value.

Read More
blog 4 mins read March 27, 2024

Keep Your Teams Intact. Lose the Spend Elsewhere. 

Labor has always been the largest operating expense for hoteliers and, historically, the primary focus when it comes to controlling costs. But today's hotel operators are more committed than ever before to holding on to their people and compensating them well. By taking a closer look at frequently ignored, hard-to-manage operating costs, hoteliers can save money and increase profitability without cutting into their valuable human resources.

Read More
blog 6 mins read February 26, 2024

How Vendor Billing Errors Cut into Your Bottom Line

Companies struggling to save money should take a look at your monthly bills. Whether you’re overpaying for your services, missing out on tax exemption opportunities or incurring accidental late fees, fixed cost bills can quietly drain your financial resources without you even noticing.

Read More
blog 4 mins read February 26, 2024

Is Commercial Property Tax a Fixed Cost? Why You’re Paying Too Much

Commercial property tax may be a fixed cost, but it is both negotiable and an area that offers the potential for dramatic savings for your company. Yet despite this, many organizations do not negotiate the money they are paying on their property, whether they are lessees or owners.

Read More
blog 6 mins read February 26, 2024

The Key Roles of a Third-Party Logistics Provider (3PL) in Supply Chain Management

Ecommerce and most business-to-business (B2B) companies don’t exist to ship products. That may be an important role in what they do, but it’s not the purpose. They want to get their products to customers who can use them. The supply chain is how this happens, and many businesses find that outsourcing some or all of this role can improve their growth, customer service, and the bottom line.

Read More
blog 7 mins read February 12, 2024

Build Your Cost Control Muscle in 2024

SIB board member and long-time CFO, Mike Lewis, spoke with us about key actions for CFOs in today's economy. Why cost consciousness and cost containment are the most proactive means to achieving profit targets. And why you shouldn't shy away from the "long middle" of contract compliance in your efforts to make cost control a core driver of profitable growth.

Read More
blog 4 mins read January 19, 2024

SB 253 – What Every Company Needs to Know About the New California Emissions Reporting Law

It's time to get serious about putting emissions reporting in place. Five things every company needs to know about about California's New Emissions Reporting Law, SIB 253. Learn more about the first emissions reporting disclosure many organizations will have to meet.

Read More
blog 5 mins read January 19, 2024

Why You Can’t Afford to Delay Emissions Reporting Any Longer

The mainstreaming of environmental, social, and governance (ESG) programs in the US has made emissions reporting mandatory for businesses of all sizes and types, requiring them to understand and disclose their emissions, rather than waiting for it to become optional.

Read More
blog 6 mins read December 21, 2023

Control Sprawling SaaS Spend

Companies have an opportunity to cut between 12-20% of their current SaaS spend, amounting to hundreds of thousands in savings per year. So, it’s well worth the effort to better understand and manage SaaS across the enterprise.

Read More
blog 4 mins read December 11, 2023

Better Managed Operating Expenses Can Be the Difference Between a Good Senior Living Community and a Great One

We met with senior living industry expert, Andrew Carle, and discussed best practices for optimizing costs and becoming a great senior living community. How to find that extra 10% for reinvestment into growth and retention.

Read More
blog 5 mins read November 21, 2023

Position Hotel GMs to Win on Costs While Staying Focused on Guest Experience

GMs and regional managers are valuable resources who want and need to focus on guest satisfaction. They often lack the time, data, and experience to efficiently reduce service costs. Four tips for enbling GMs focus on guest experience and growth while ensuring better profitability for your hotel property.

Read More