Expense Reduction Services
Our Expense Reduction Service helps clients maximize their current vendor contracts and reduce expenses.
Pricing
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No upfront costs.
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MAP Advisors earns a portion of the realized savings for one calendar year.
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Savings are calculated using an agreed upon baseline prior to recommendations.
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Client is under no obligation to use the recommendations.
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After one year, 100% of the ongoing savings are kept by the client.
Categories
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Insurance: Health (Medical and Dental), Business Insurance, Workers Compensation
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Financial Services: Bank fees, Credit Card processing fees, Credit Card charge fees, Payroll service fees, Leasing fees.
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Travel and Entertainment
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Office Services and Supplies
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Marketing and Advertising
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Freight costs
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Utilities
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Supplier contracts
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Maintenance expenses
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Accounts Receivable collections
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Accounts Payable Audit: Duplicate payment and Over-payments, Pricing discrepancies.
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Capital Expenditures
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Inventory
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Professional Services
Our Process
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Analysis of the information below allows us to determine savings potential
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Current contracts
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Usage reports
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Invoices
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Financial Statements: Last fiscal year and current year
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Detailed Trial Balance
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Organization chart
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Agreement between client and MAP Advisors to define expenditures and calculate savings
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Data Analysis and Research to uncover areas of savings
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Presentation of Recommendations
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Implementation of client approved cost savings