There are no upfront fees or hourly charges for our reviews. We are 100% contingency fee based. We receive our fees from a portion of the savings that we generate.
What if we decide not to implement one of your recommendations, will we still be billed for the finding?
No, we receive our compensation from realized and quantified savings. If you decide not to implement one of our findings it will not produce any realized savings so there will be no charge.
Most of our clients have less than one hour of time invested in our audits. The majority of time is spent in the initial conference call and them supplying the needed invoices for review. Once the review begins our auditors do all of the heavy lifting.
Minimal, for the majority of our reviews we only need the last few months invoices as well as any current vendor agreements.
We are not change brokers and very rarely will we recommend switching current vendors. We understand that most companies are very loyal their current vendors and we appreciate that.
Very rarely, majority of our reviews are performed at our offices and all findings are presented via conference calls.
We presently have an internal review system in place that periodically analyzes our expenses for mistakes, overcharges and pricing abnormalities, why should we hire an outside firm to conduct a service we already perform?
The majority of our clients have an excellent AP department that review invoices as well as an internal audit process. Our advantage is that we have put together the leading experts in our expense areas. Their entire careers have revolved around a specific expense area. Our experts subscribe to their expenses periodicals; they belong to all the pertinent associations as well as attend all conferences. We bring the inside industry expertise that most financial teams just do not have the time to obtain.