The Growing Role of Machine Learning and Tech in Cost Containment
Seventy percent of top-level executives make key decisions based on inaccurate audits and financial reports. Two of the most common reasons for inadequate...
cost savings
5 Expense Reduction Strategies for Retailers That Don’t Hurt Customer Experience
Retailers need to do what they can to maximize profitability, particularly following a pandemic that negatively impacted retail (and now that they face...
How Virtual Cards Reduce the Costs of Compromised Cards for Businesses
Businesses invest a lot of money securing their payment card data but are vulnerable to attacks that use compromised credit card data. Virtual...
Quick Guide to Cost Containment Strategies for Manufacturers
They say it takes money to make money. But that doesn't mean that throwing money at your manufacturing business is the key to...
How to Improve EBITDA at Your Business Location (And Why It Matters)
EBITDA is an effective measure of your business's core profit trends. It eliminates extraneous factors, giving you a more accurate comparison of your...
Utility Bill Auditing for Manufacturing: 5 Reasons to Start a Utility Audit Program
Utility bill auditing for manufacturing companies is one of the biggest ways to cut costs. In 2018, the industrial sector accounted for about...
Key Insights an Electric Bill Audit Can Tell You About Your Company
On average, American consumers pay a total cost of $114.44 for their electric bills. This is a significant amount, considering the ravaging economic...
Top 4 Excess Charges You Can Reduce With a Sewer Billing Audit
Many businesses assume that they're being correctly charged for utilities, but the reality is that a lot of businesses are being overcharged. Getting...
3 Unique Advantages of a Utility Audit Program Over a Utility Audit
According to Accenture, 82 percent of companies are looking to cut costs to fuel growth. It makes sense. Between the financial uncertainty of...