Vendor Management Auditing

SIB audits invoices and negotiates with vendors every day. Our experience gives us the insider perspective when reviewing your bills for errors and overcharges. We find problems that the average person overlooks and handle all the negotiations for you. In addition to lowering your costs, we are often able to get refunds for erroneous billing practices that go back as far as five years.

SIB’s Areas of Expertise:

• Elevators and escalators
• Generator
• Hood and oven cleaning
• HVAC
• Kitchen equipment
• Landscaping and snow removal
• Locksmiths and access control
• Pest control
• Swimming pools
• Water systems
• Sweeping for streets and parking lots
• And more (Just ask us!)

SIB audits your latest vendor and contractor invoices to find savings in several critical areas such as:

Contract compliance: Is your vendors holding up their end of the contract? Our vendor review specialists thoroughly check each contract for compliance to save you from spending money on any services or fees that are not part of your agreement.

Billing errors and extra charges: Invoices often contain errors that add up over time, especially if your overall spend is large. Our skilled reduction analysts know where to look for errors and less obvious billing problems that you may be missing. We not only correct the errors but go back for refunds that go directly to your bottom line.

Best-in-class rates: Because we do this kind of work day in and day out, we are aware of unpublished discount rates that will get you the services you need at the best prices.

Vendor and contractor negotiation: We recognize the established price margins within each industry as well as special discount rates that you may take advantage of. Many of our analysts are former industry leaders who know both sides of contracts they review. SIB serves as your single point of contact throughout the cost reduction process, handling all negotiations and implementation. We monitor your bills on an ongoing basis and correct any billing errors or issues that may arise along the way.