Cell Phone | Wireless Audit
While telecommunications and cell phone spend represents a relatively small spend level, it is important to only pay for the service levels you need.
Carrier representatives are incented to grow their revenue and don’t always provide you with the most cost effective solutions. We specialize in lowering your phone bills based on your assessing your usage pattern, applying our industry insights to save you typically between 25-33%
on your phone services on an ongoing basis. Our experts have held positions with major wireless carriers working on pricing strategies. We understand and apply our industry knowledge to save you time by assessing your most recent phone bills and presenting a recommendation for the optimum plan to adopt for each phone and how much the changes will save your company. It also includes a detailed letter explaining the strategy. After you review the recommendation, one of our auditors will have a brief discussion with you and then we will implement the changes on your behalf
. Best of all we will continue to monitor your bills each month to update you on usage, new plan options and potential savings opportunities.
The payments industry is complex. Interchange fees are the largest component of your cost to accept credit card payments and are set by the payment card brands. These fees are the wholesale merchant account rates for the various types of credit card transactions. There are hundreds of interchange rates, which vary based on payment card brand, payment card type (credit, debit, specialty), merchant category code, amount of transaction being processed, and the amount of data being passed through as the payment is processed. The schedule of Interchange Fees are reissued in April and October of each year. We help you navigate the complexity and reduce payment processing expenses using our proven strategies to identify and correct areas of overspend on merchant services as well as provide transparency to merchant fees and statements. We work on your behalf provide ongoing analysis and monthly reports that ensure accurate billing and identify realized savings. And, you can stay with your existing merchant service provider. Creating simple, efficient, and economical merchant payment processing solutions through maximum transparency and measurable results.
Energy deregulation in the U.S. makes it possible to lower the cost of electricity in many states from your supplier. Savings potential of up to 20% are possible through an easy enrollment process that has flexible terms, no switching fees and most importantly no interruption of service. There are no maintenance or hidden fees. Delivery and maintenance will continue to be the responsibility of your local public utility. Our reverse auction process lets you analyze past usage data to apply to guarantee you the best prices for your future electrical needs. This puts you in control allowing you to set your terms through a real-time competitive bidding process that is more effective than conventional paper-based bids. Benefits of our reverse auction model for your business is a 10-20% savings gain with pricing transparency.
Employee Healthcare Benefit
According to the Central Budget Office (CBO), the average family of four will have $3,300 in out-of-pocket medical expenses per year whether they have medical insurance or not. Using decades old tax codes our partner/Administrator, offers a self-funded medical reimbursement plan that reimburses employees up to 75% of their unreimbursed medical expenses, virtually eliminating deductibles. Our program is designed to be fully paid by tax savings making it zero cost to either your company or your employees. We don’t sell insurance and we don’t replace your broker, accounting firm or payroll company. There is no net cost to your company or your employees. Your company will directly benefit due to annual FICA tax savings. More dollars on your bottom line.
Energy deregulation in the U.S. makes it possible to lower the cost of gas in many states from your supplier. Savings potential of up to 20% are possible through an easy enrollment process that has flexible terms, no switching fees and most importantly no interruption of service. There are no maintenance or hidden fees. Delivery and maintenance will continue to be the responsibility of your local public utility. Our reverse auction process lets you analyze past usage data to apply to guarantee you the best prices for your future gas needs. This puts you in control allowing you to set your terms through a real-time competitive bidding process that is more effective than conventional paper-based bids. Benefits of our reverse auction model for your business is a 10-20% savings gain with pricing transparency.
Mistakes made by your parcel carriers are dollars lost from your bottom line. But the true mistake is in thinking those dollars are lost forever. With our proven parcel auditing and intelligence technology, we can offer you a no-risk, high reward opportunity to recover these dollars. We help audit and analyze your shipping processes to uncover opportunities tap into your savings based on unfulfilled parcel company promises. And then we help prevent them from happening again. Through parcel auditing, intelligence, and engineering, we enable you to recover the money you’re owed and give you valuable data to streamline your shipping processes, engage in smarter parcel contract negotiations, and reduce shipping costs even more. Data-driven decisions save you money and assist in parcel contract negotiations. Our parcel auditing technology gives you the additional advantage of auditing shipping spend levels along with UPS benchmarking, FedEx benchmarking and parcel contract negotiations.
Utility charges are some of the most complicated fees a company will pay. This complexity often leads to potential errors. Hidden costs, overcharges resulting from billing errors, charges for nonexistent services, and complex billing codes could be increasing your utility bill every month. Many of these issues are overlooked indefinitely. We know the various methods that utility companies use to overcharge their client and excel in identifying billing errors, recognizing overcharges, helping you reduce your utility costs, and obtaining any possible refunds available. Our team of energy auditors, accountants, and attorneys work together to find errors and reduce your utility bill. We take care of everything from working with the utilities to filing all the paperwork. Additionally, we verify all billing errors have been corrected, all adjustments have been made, and all refunds have been issued. Consider for a moment that a $10 billing issue applied daily equates to more than a $3,600 loss from your bottom line each year. Our Utility Audit specifically analyzes your utility bills such as gas, electricity, sewer and water looking for discrepancies, irregularities, and errors. We can go back as far as 48 months, depending on the state, and will setup an ongoing process for continual optimization of your savings. Once we identify savings, we handle all negotiations to secure your refund and ongoing savings.
Waste disposal is necessary. Everyone needs it. And there are many companies who overcharge for this service. You could be losing thousands of dollars on your waste disposal bill and not even know it. Find out if you've been overcharged. We are not here to switch your service provider, rather to ensure you are not overpaying. We identify hidden overcharges and produce refunds, credits and cost reduction opportunities. With this service we focus on identifying where you can eliminate needless costs in your waste disposal bill by analyzing your services and producing the most cost-effective solutions. With our expertise and knowledge of the industry, you can be sure that you will receive a clear and concise disposal bill assessment. We know your waste outsourcing needs are unique. We run a thorough evaluation from cradle to grave of your waste stream to create the best solution for your company. We also will contract the best companies for you along with partners for solid waste, medical waste and recycling to ensure that you are receiving the best price from those vendors and we will handle the entire contract process for you from start to finish. Most property managers and owners lack the time and expertise required to effectively audit these accounts, nor do they realize overcharges exist.
Workers' Compensation Audit
Workers’ compensation insurance is a major business expense. It is also incredibly complex. In most states there are over 700 approved classification codes with interpretation of classifications varying from state to state. It is virtually impossible for a business to know all the rules and regulations governing these codes which often results in overcharges. In our experience, 7 out of 10 companies have overpaid on their policies and may still be overpaying today. This is true regardless of the agent, broker, agency, and/or insurance carriers involved. Constant changes in the industry including rating bureau rules, regulation changes, policy changes and the application of incorrect rates, discounts, classifications, experience modification calculations, erroneous payroll and audits. are beyond a typical agent's scope. Most business owners aren’t aware they have been overcharged until an independent review is conducted. What is generally not known is that overpayments can be recovered from previously issued policies. And, unlike others that only audit your current policy, we go back as far as seven years to recoup the greatest possible refund.