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SIB Fixed Cost Reduction Partners With VGM Group to Save Money for Over 25,000 Member Companies

Publication: Market Wired Published: April 5, 2016 Full Article

CHARLESTON, SC–(Marketwired – April 01, 2016) – SIB Fixed Cost Reduction, a company specializing in reducing recurring monthly expenses for multiple-location companies, announced today that it has┬álaunched a new project with VGM Group, Inc. to expand cost reduction services available to its member companies, totaling more than 25,000 companies throughout the United States and Canada.

“SIB’s proven ability to help businesses control expenses is a perfect fit for our members,” said Mike Mallaro, CEO of VGM Group, Inc. “We are excited to partner with SIB to positively impact the bottom line of our members. I think our members will embrace the opportunity to lower their operating costs and do so under SIB’s contingent fee structure — members only pay based on a percentage of savings. You can’t lose.”

As an officially-approved supplier, SIB will work with VGM to offer a wide range of cost reduction consulting services to participating members. SIB will identify savings by negotiating better contracts for recurring monthly service expenses (such as phone, internet, bank fees, utilities, maintenance contracts, and others), and by finding and correcting errors and overcharges on past bills. VGM members will only pay SIB a percentage of the final, realized savings.

“Everyone at SIB is very excited to start working with such a large and well-respected group as VGM,” said Tom Loutrel, Senior Vice President of SIB. “Our expertise will be a great fit for their members, and the scale of this project is potentially very significant. We share in VGM’s goal of saving money and increasing cost efficiency for our clients, so this will be a very natural and mutually beneficial relationship.”