Spend Reduction New | Expense Assist

ASSISTING COVID-19 IMPACTED BUSINESSES THROUGH EXPENSE REDUCTION, IMPROVED EFFICIENCIES, & OPPORTUNITIES

SPEND REDUCTION SERVICES

Your Organization Could Be Leaking Cash Without Knowing It.

THERE ARE AREAS OF SPENDING WHERE YOU
COULD BE SAVING. DO THESE ISSUES SOUND FAMILIAR?

“Budgeting Is An Ongoing Issue”

If it’s a constant struggle to find room in the budget to invest in services that will truly be beneficial, Expense Assist will help. Savings exist in areas where you are already spending, and we will help you find them. Together, we’ll free up dollars for what’s most important.

“It’s Impossible To Determine Which Solution Is Best For Its Price”

Expense Assist will guide you to the optimal solutions that meet your specific challenges, at the most competitive prices, for every location of your organization.

“I Don’t Know How Much I Should Be Spending On Waste, Energy, Telecom, Etc.”

The consultants and network partners at Expense Assist will analyze your spending and help you determine whether you’re overspending or underspending on your needs.

Regular auditing, constant monitoring, and regular service management are time-consuming. Let us take on the work and free you up to focus on what you do best while delivering the results your organization deserves.

Identify & Repair P&L Areas Leaking Cash

There are opportunities all around to discover and recover cash-flow from your supplier base. Where to find them, how much can be harvested, how long will it take and where to start are the real questions. If your company is like most, your team is overstretched in managing its vast supplier base and related tasks and your team’s time could be better spent on higher value tasks that will produce long-term outcomes rather than bogged down in spend and supplier analysis. Choose from the P&L categories below to put Expense Assist’s vast network of spend reduction specialists to work for your organization..

NOW MATTER YOUR INDUSTRY, WE CAN HELP.

Senior Living
Manufacturing
Education
Non-Profit
Other Industries

Staying on-budget is critical when relying on revenue from the government and insurance companies. Expense Assist can help you reduce costs and save money to allocate to critical needs, and to free your focus up to what you do best- creating a superior resident experience.

Manufacturing cost reduction efforts can result in significant product cost savings, manufacturing cost-saving, and life cycle cost saving especially when companies implement the right strategies for the reduction of manufacturing overhead costs.

Every day, it seems, the news from state capitals carries an ominous message for schools and universities. Revenues are down, coffers are empty, and schools will have to cut back spending to stay within their budgets. Expense Assist can free up cash waste, so you can focus on your students and their needs.

Providing non-profit services is all about impact. When there is cash-waste in the budget, impact decreases. Putting cost at the center of the plans increases the potential to achieve impact on a large scale. Expense Assist can help you achieve large scale impact.

Whether your business is Automotive, Healthcare, Restaurant, Service-based, Retail, Government, Financial or any other industry, we can serve you. Cost reduction and plugging holes where you are leaking cash only serves to help you provide better services, better compensation, and achieve better growth. Expense Assist is your partner to help you achieve these.

HOW WE WORK- THE GAME-PLAN

Step 1 – KICK-OFF

● Choose & Define Expense Categories
● Review Projects
● Sign Engagement Letter

Step 2 – INFORMATION GATHERING

● Obtain Copies Of Invoices, Contracts & Purchase History
● Establish Target Pricing

Step 3 – INVESTIGATE & NEGOTIATE

● Identify Key Contracts
● Evaluate Terms & Pricing Against Benchmarks
● Scrutinize Invoices For Billing Errors & Obtain
● Refunds If Mistakes Are Found
● Negotiate & Write More Favorable Terms & Pricing With Current/ New Vendor

Step 4 – APPROVE

● Review Savings Recommendations
● Give Us The Green Light

Step 5 – IMPLEMENT

● We Take The Lead On Implementations
● Complete Supplier Paperwork
● Work With Suppliers on Dates/Times For Logistics

Step 6 – MONITOR & AUDIT

● Ensure Savings Are Realized through Spend Monitoring & Audits
● Share Savings