Just as with utility bills, service contracts such as are present with waste removal can contain costly errors as well. While refunds are less common, monthly cost reductions can be much more substantial than with an energy audit. In fact, in some instances our auditors have been able to create a more than 60% monthly cost reduction.
If you’re in business, than you probably accept credit cards. Merchant processing fees can be substantial – and their billing statements are amongst the most complicated and detailed you will see. Just as with utility and service contracts, these statements can contain errors and overcharges, that if found, can reduce your monthly costs substantially.
The annual premium audit (sometimes known as the payroll audit) determines your company’s actual Workers’ Compensation insurance premium for the policy period, as opposed to the estimated premium originally used on the policy. Sometimes there can be dramatic changes in premium based on audit results, and not at all of these changes are welcomed by insured employers.