Other Operating Expenses
Spend Areas

Spend less for the same or better business services.

Reducing costs while maintaining or improving business services from your vendors isn’t just about the relationships you’ve built or the negotiating skills you have. The keys to optimization lie in extensive benchmarking data, in-depth understanding of how business service industries work, and vigilant monitoring of invoices. SIB brings the numbers, the experts, and the tools to the table to identify and capture all available savings. We serve as your advocate to secure the right services at the right cost for the long term.

Spend smarter on all the business services you use.

Insurance

Insurance

Reduce insurance costs by an average of 11%

Protect your business and your bottom line with rightsized health insurance and benefits coverage and lower premium costs. We help you understand risk and navigate the complex insurance environment to get high-value services while lowering your overall insurance spend.

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Payroll Processing

Payroll Processing

Cut payroll processing fees by an average of 24%

Smart businesses invest in people—not in redundant or unnecessary payroll processing services and fees. Optimize your payroll processing solution to simplify, save, and better meet your company’s human capital management needs.

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Property Taxes

Property Taxes

Reduce property taxes by an average of 8%

Saving money on property taxes starts with knowing the true market value of your commercial real estate assets. We empower you with the data and expertise to know your portfolio's real worth and ensure fair and accurate taxes for the long term.

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Shipping and Fulfillment

Shipping and Fulfillment

Save an average of 18% on small parcel and 3PL

Be empowered to strategically, confidently, and successfully secure the shipping terms you deserve. Through audits, contract optimization, and greater visibility, our team of experts with backgrounds in sales and pricing at major carriers will help you access better rates and transit times, so you can serve your customers better and save money doing it.

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Telecom

Telecom

Secure 28% average savings on telecom solutions

Saving money on telecom goes beyond removing costly billing errors to ensure rightsized networks and efficient network design. A comprehensive approach to optimization and modernization helps you save today while preparing for the technology and security demands of tomorrow.

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Treasury Fees + Merchant Services

Treasury Fees + Merchant Services

Reduce treasury service fees by 25-35%

A bank fee review can turn up unnecessary services, volumes, and costs that are deflating your bottom line. With the potential of over 3,100 fees that a bank can charge you for your business account, we help secure best-in-class pricing while preserving existing banking relationships and introducing opportunities for a more secure financial future by reviewing all bank fee line items including account maintenance, depository services, information reporting, lockbox services, ACH, wire transfers and more.

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Utilities

Utilities

Save an average of 11% on energy and utilities

Get the power to optimize your energy spend with better rates, more reliable service, and reduced billing errors. Beyond procurement, audits, and bill pay, we introduce new efficiencies and support sustainability to create best-in-class energy programs.

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Waste + Recycling

Waste + Recycling

Capture 30% average savings on waste and recycling

Take control of your waste and recycling programs from end to end with better program design, pricing, management, and reporting. By optimizing services, rates, and contract terms, you can take the waste out of waste management.

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Other Operating Expenses

Other Operating Expenses

Spend smarter on everyday spend areas

From medical supplies, linen and laundry, to uniforms, document storage, food costs, maintenance and more, we can help you tackle all your spend areas to reduce costs and ensure the greatest value for your business.

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See How We Can Help You Spend Smarter 

Get started easily and quickly with a no-risk, comprehensive evaluation of your vendor transaction history and put our market intelligence and industry expertise to work.

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Other Operating Expenses