$210,000 in annual savings from VIE identifying
and fully implementing expense reduction services
in the telecommunication department. This
included $118,000 in credits and refund checks from errors and
overpayments from vendors.
$545,000 in annual savings from telecommunications
re-engineering project.
$103,000 annual savings from re-rate of energy charges.
$310,000 annual savings from a vendor contract –
misalignment savings in supply costs. This
included $80,000 in credits and refunds for past year errors.
20% reduction in waste disposal costs.
$65,000 in office supply reductions.
$102,000 in linen cost reduction.
Equipment Repairs - $284,000 savings annually.
$1,264,000 in savings from review of an existing
services management contract that was ready to be
renewed. A national benchmark study was performed
and it was identified that the contract was 20% higher
than other similar agreements.
$43,000 in annual savings for a consolidation of
janitorial vendors & supplies.
Expense Management
Spend Analysis
Hidden Gold!
