Many times, businesses miss out on potential operating cost reduction opportunities because they lack outside perspective. Someone with fresh eyes on the business may come in and be able to quickly identify and teach methods of cost reduction to staff. Otherwise, the same practices continue out of sheer habit.
Some firms like Freedom Profit Recovery even offer managed savings programs, where we help you procure vendors and services that boost your core business while ensuring consistent operating cost reduction. We even look after these contracts, providing guidance for the long term and optimizing your service offerings based on your company’s circumstances and current market conditions.
Best of all, these services come without any up-front fees! There is literally nothing to lose when starting a relationship with us. We perform the same thorough analysis of your company as we would with a committed client, and we can offer you insight into managing costs in business right off the bat.
Your Risk-Free Engagement Consultation
Before every client contract begins in earnest, we undergo a thorough cost recovery consulting engagement process in order to assess our client’s goals and the value of their core offerings. During this time, we sit down with your company’s C level and any top financial advisors. We can outline the general structure of our engagement for you as we begin to assess how our services can enhance yours — all while keeping methods of cost reduction top of mind.
This period is critical for our clients because it helps us know how to best approach our cost recovery methods. The last thing we want to do is carve out an expense for your business, only to “nick an artery” so to speak and adversely affect your operations. To avoid this, we examine your practices from the inside out and determine which areas are most ripe for improvement.
For clients wishing to start the relationship with a commitment-free consultation, this engagement process will actually differ little from how we typically handle new potential partnerships. The truth is, all of our engagements are free of commitment for one reason: we refuse to convince people they need our services when they really don’t. You get the benefit of an honest assessment as well as a roadmap to where any potential cost savings can be unearthed.
Methods of Cost Reduction That Work
Another unique trait of Freedom Profit Recovery is that in a sense, every stage of our client relationship is risk-free and without any upfront fees. We only charge a percentage of the cost savings that we helped you obtain, so you are actually earning money rather than spending it with our services.
We always provide thorough documentation of cost savings reports in order to help you monitor changes and savings as well as to justify the percentage of recovered costs we keep for ourselves.
In such a relationship, everyone is happy because the door is always open to try something else at any given moment. Get started with an amazing partnership today by reading about our operating cost reduction consulting services and then contacting us.