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Text Content

 * Solutions
   
   * All Solutions
   * Blockchain
   * Contract Compliance
   * Cost Reduction
   * Logistics Optimization
   * Private Equity Value Creation
   * Utilities Management for Energy, Waste, and Telecom
 * Spend Areas
   
   * All Spend Areas
   * Insurance
   * Payroll Processing
   * Property Taxes
   * Shipping and Fulfillment
   * Telecom
   * Treasury Fees + Merchant Services
   * Utilities
   * Waste + Recycling
   * Other Operating Expenses
 * Industries Served
   
   * All Industries Served
   * Franchisee / Multi-Site Operators
   * Government
   * Hospitality
   * Healthcare
   * Manufacturing
   * Multifamily
   * Restaurants
   * Retail
   * Senior Living
   * Telecommunication Carriers
 * About
   
   * About Us
   * Approach
   * Our Clients
   * Our Team
   * Events
   * Divisions
   * News
   * Careers
 * Resources
 * Case Studies

Contact Us
Client Portals

Public Cloud Expense Management Wireless & Wireline Expense Management
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Contact Us
Client Portals

Public Cloud Expense Management Wireless & Wireline Expense Management
Menu


SPEND SMARTER.

We are the leading cost reduction and contract compliance services firm working
with mid-market, enterprise, and private equity business leaders to leverage
data to uncover opportunities to optimize costs, service levels, and vendor
relationships to turn everyday business expenses into a strategic advantage.

About Us Our Approach

WE WORK WITH GREAT CLIENTS









OUR SOLUTIONS

View All Solutions



COST REDUCTION

Reduce business costs to increase profitability by an average of 11-34% across
multiple spend categories without changing vendors or service levels.

Learn more



PRIVATE EQUITY VALUE CREATION

Reduce indirect spend without friction or risk and close EBITDA gaps while
keeping portfolio management focused on growth.

Learn More



BLOCKCHAIN

Embrace the future and eliminate telecom billing and ordering challenges with
accurate-rated inventories, self-funded smart contracts, and the industry’s only
live blockchain solution.

Learn More



CONTRACT COMPLIANCE

Generate immediate and lasting cost savings. Hold vendors accountable to their
service promises and pricing commitments by recouping credits for billing
errors.

Learn More



UTILITIES MANAGEMENTFOR ENERGY, WASTE, AND TELECOM

Manage change and complexity, save money, and prepare for the future with
optimized contracts and modernized solution designs for essential services.

Learn More



LOGISTICS OPTIMIZATION

Leverage data analytics, proprietary benchmarking, and decades of carrier
negotiating experience to turn shipping into a competitive advantage.

Learn More



INDUSTRIES WE SERVE

Businesses of all types rely on many services to operate successfully—and
virtually every business is overpaying across a range of expenses. We’ve
reviewed 15+ spend categories with $5.5 billion in spend under management across
70,000 locations. We know the best rates and terms that apply to your industry.
And we know how to secure and sustain them on your behalf.


View All Industries

Search Industries
Franchise/Multi-Site
Government
Healthcare
Hospitality
Manufacturing
Multifamily
Restaurants
Retail
Senior Living
Telecommunication

Franchise/Multi-Site
Government
Healthcare
Hospitality
Manufacturing
Multifamily
Restaurants
Retail
Senior Living
Telecommunication


FRANCHISE/MULTI-SITE

Simplify your workload and save money by optimizing every vendor contract and
relationship that is critical to your business operations.

Learn more



GOVERNMENT

Better understand your spend and create savings within any stage of the budget
cycle to empower your teams to get the greatest value from their service
providers.

Learn more



HEALTHCARE

Stay focused on taking care of people. Let us take care of your bottom line.

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HOSPITALITY

Spend your resources on your guests–not on overpriced vendor bills.

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MANUFACTURING

Find and eliminate a costly source of waste without a single change to
operations.

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MULTIFAMILY

Spend smarter so you can invest in areas that support growth and keep rents
competitive.

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RESTAURANTS

Keep unnecessary costs from taking an oversized bite out of your bottom line.

Learn more



RETAIL

Feel confident in knowing what business services like shipping, waste
management, credit card processing, telecom, and energy should cost.

Learn more



SENIOR LIVING

Continue to provide value to the people depending on you without changing
vendors or disrupting operations.

Learn more



TELECOMMUNICATION

Prepare for and move to blockchain with confidence in your inventories and
future growth and innovation in mind.

Learn more



HOW SIB CAN ASSIST IN FIXED COST REDUCTION

Fixed costs are the regular, predictable expenses necessary to keep your
business running. However, there are a large number of hard-to-manage operating
costs that are prone to billing errors and tend to creep up over time. These
include: insurance, property taxes, utilities, shipping, SaaS spend, treasury
services, telecom, and many more. These SG&A costs may be termed “fixed” but
they can be adjusted, optimized, or negotiated, to reduce your overall business
expenses.

 * We analyze your fixed costs, spending history and contracts.
 * Our analysts leverage proprietary technology and analyze billions of data
   points every year.
 * We regularly assess market rates, conduct vendor negotiations on your behalf,
   identify billing errors, secure better pricing, and recommend alternative
   vendors if necessary.
 * Our fixed cost reduction and contract compliance teams can identify
   opportunistic areas for cost reduction and secure savings for you in 15+
   spend categories without forcing changes to vendors, service levels, or
   disrupting operations.


FEATURED RESOURCES AND CASE STUDIES

View All Resources

articles 1 min read

SIX STEPS TO A SUCCESSFUL PROPERTY TAX APPEAL THAT COULD SAVE YOUR BUSINESS
HUNDREDS OF THOUSANDS ANNUALLY

Lower Property Taxes Are Yours for the Asking Companies often view their
property taxes as inevitabl...

Read More

case studies 1 min read

SIB’S UTILITY EXPERTS, COST CONTROL ASSOCIATES, LOCK IN A 76% PRICE REDUCTION
WORTH $3.5 MILLION IN ANNUAL SAVINGS

Client Super Center Concepts Inc. operates one of the largest independently
owned, grocery super cen...

Read More

blog 4 mins read

BANK SMARTER: HOW CFOS CAN PROTECT ASSETS, REDUCE BANKING FEES, AND ENHANCE
YIELD

Are you losing sleep at night over the safety of your business bank? The recent
collapse of Silicon ...

Read More



OUTSMART INFLATION AND RECESSION WITH A STRATEGIC APPROACH TO COST REDUCTION

Six experts share their insights on how CFOs can reduce operating costs in
today’s economy. Get the guide to learn their best advice for saving on energy,
IT/telecom, shipping, waste management, and more — while also boosting
profitability and building value

Download


SEE WHAT OUR CLIENTS SAY

“…SIB achieved major savings across the board without diminishing our vendor
services or relationships… Their findings were clear and detailed and accurate…I
would gladly recommend SIB to other large healthcare providers that could use
help with an outside audit.”

Genesis Healthcare
Jason Dobry, MBA, CPSM, Senior Director of Spend Management

“…SIB’s biggest success was savings on our fleet leasing costs. We move a high
volume of material everyday…we dramatically reduced our fleet leasing costs in
addition to thousands saved in monthly telecom and armored car services.”

American Signature, Inc.
Bryan Beam, Chief Operating Officer

“…SIB found thousands of savings by reducing our banking fees…They were easy to
work with and they respected our preference to retain services with our current
vendors…We will recommend them to other quick serve restaurant franchisee in the
future.”

Tecala, LLC | Taco Bell
Ragan Cain, Treasurer

“…SIB’s recommendations will result in a six-figure reduction in our treasury
fee expenditures…Their review was prompt and efficient…they presented their
findings with a great deal of specificity and clarity…We will recommend them to
others with high operating expenses.”

USI Insurance Services
Nancy Coldwell, Director of Treasury

“…SIB has industry experts in each field and individual business units with
decades of knowledge into the complexities within each service category…They
presented findings in a matter of weeks…which will result in a significant six
figure reduction in annual expenditures.”

HARSCO (Now Enviri Corporation)
Michael Kolinsky, Vice President, Treasury, Tax, & Real Estate

“…They exceeded our expectations… We were thrilled to hear that SIB found annual
savings in the six figures including huge savings in credit card processing—one
of our largest expenses. Partnering with SIB is a win-win.”

Eye Care Center
S. Karen Bullock, Finance Director

“We were impressed by SIB’s meticulous process and the breadth of
recommendations with savings in no fewer than eight different spend
categories…SIB is perfectly suited to the hotel business and assorted vendor
costs common to our industry.”

Donohoe Hospitality Services, LLC
Jack Fritsche, SVP & CFO

“The first project commissioned was a utility tariff rate optimization study.
This project already delivered over $750,000 in savings including a refund of
over $600,000 from PG&E. The process was seamless and didn’t require any county
staff time or resources to support or implement. We are excited to launch
additional projects in other expense categories.”

Kern County Califorina
Ryan Alsop, Chief Administrative Officer
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SPEND LESS FOR THE SAME OR BETTER BUSINESS SERVICES.

You don’t need to change vendors or settle for subpar service to get a better
price. Let our experts serve as your advocates, providing the data, tools, and
category expertise to optimize your contracts and relationships.

View All Spend Areas
$4 Billion +

Savings delivered to our clients.

8,000+

Clients served.

No Risk.
All Reward.
We bill on contingency and only on the savings you accept.
500,000+

Database of pricing benchmarks and deep industry expertise in each spend
category.




TAKE CONTROL OF YOUR SPEND TODAY

Ready to reduce your costs across your top spend categories? Put our market
intelligence and industry expertise to work to spend smarter and improve your
bottom line.

Contact Us


Charleston HQ Office
796 Meeting Street
Charleston, SC 29403
843.576.3606

Solutions
 * All Solutions
 * Contract Compliance
 * Cost Reduction
 * Logistics Optimization
 * Private Equity Value Creation
 * Utilities Management
 * Blockchain

Spend Areas
 * All Spend Areas
 * Insurance
 * Payroll Processing
 * Property Taxes
 * Shipping and Fulfillment
 * Telecom
 * Treasury Fees + Merchant Services
 * Utilities
 * Waste + Recycling
 * Other Operating Expenses

Industries Served
 * All Industries Served
 * Franchisee / Multi-Site Operators
 * Government
 * Hospitality
 * Healthcare
 * Manufacturing
 * Multifamily
 * Restaurants
 * Retail
 * Senior Living
 * Telecommunication Carriers

About
 * About Us
 * Approach
 * Our Clients
 * Our Team
 * Events
 * Divisions
 * News
 * Careers

© 2024 SIB. All rights reserved.

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