MBN Brands to Save Nearly $2M with SIB's Vendor Management
Challenge
As MBN Brands expanded through acquisitions, each operating business brought its own vendors, invoices, and rate structures — creating complexity and inefficiencies in indirect spend management. The investment team was focused on growth and EBITDA, not the specialized work of audit, benchmarking, and rate optimization
Approach
SIB worked with an industry partner to gather and automate 12 months of invoice and vendor data, drastically reducing the internal burden of data collection. After analyzing the data, SIB identified the three most impactful spend categories — waste management, telecom, and bank fees — and developed targeted pricing and optimization strategies, including waste container rightsizing, telecom vendor consolidation, and rate negotiation with incumbent partners.
Results
in annual addressable spend improvements
- 36% savings in waste management (solid waste + recycling)
- 14% savings in telecom
- 2% savings in bank fees
- Projected $1.9M in cumulative savings over five years through SpendBrain™-powered monitoring
These results showcase measurable cost improvements and long-term value creation across critical indirect spend categories.
CFO Takeaway
With SpendBrain, organizations build a permanent spend advantage by transforming fragmented vendor and invoice data into cost intelligence that drives EBITDA.
Summary
Multi-Brand Quick Serve Restaurant Operator
MBN Brands, family-owned restaurant investment group with 160+ quick serve locations including Burger King, Jimmy Johns, KFC, and IHOP.
Rapid growth through acquisition left disparate vendor contracts, inconsistent billing, and rising indirect costs without centralized spend expertise.
SIB conducted a comprehensive spend analysis across waste removal, telecom, and bank fees — and implemented pricing optimization and vendor consolidation supported by SpendBrain™ for ongoing oversight.
$375,000 in addressable annual spend optimized with projected savings of nearly $1.9M over five years through sustained rate monitoring.
Where traditional audits end, SpendBrain begins
SpendBrain™, SIB’s AI-powered financial intelligence platform, continuously analyzes expense categories, including property tax, utilities, and vendor payments.
By layering this technology over SIB’s hands-on expertise, our clients gain a permanent safeguard against overspend, plus predictive visibility into future cost risk.
What this means for CFOs:
- Automated monitoring flags anomalies and valuation shifts in real time
- Predictive insights help finance leaders budget and forecast more accurately
- Portfolio-level intelligence connects tax savings to broader spend optimization strategies
General Inquiries: (843) 284-1007
Sales: (843) 576-3606
