image of road with dollar sign at the end

Risk-Free Found Money Assessment – A “Fresh Eyes” Perspective

A no-risk cost savings assessment by Accretive can quickly identify savings opportunities beyond the “low hanging fruit” cost savings that most organizations have probably “picked” themselves. The harder savings are in areas that are COMMONLY missed that even the best finance departments and procurement teams especially in non-core operating expenses where companies often do not have the internal resources to devote to ongoing management of such expenses.

What we do:

Accretive will conduct an initial assessment with you and your management team to identify 3-5 quick savings opportunities that involve the least amount of time, effort and disruption to achieve. We then become an extension of your current finance & accounting group to assess, facilitate and help implement whatever actions are required to quickly realize savings often involving your current service providers and suppliers.

Areas Accretive can address:

  1. Taxation areas: all types
  2. Technology (including telecom, copiers, etc.)
  3. Insurance / risk management
  4. Transaction processing
  5. Employee related costs (non-payroll)
  6. Facility costs
  7. Professional services – legal, consulting etc.
  8. Transportation costs
  9. Banking services
  10. Misc. other costs & expenses

Accretive does not serve as the expert in all of these areas. Rather, Accretive facilitates an unbiased, buy-side assessment of potential savings using Subject Matter Experts from the local market to identify “better practices” for savings.

Why have an Found Money Assessment?

We know how to identify opportunities to save money and we know how and where to quickly mobilize the resources to save you money fast. Your employees will see that management is truly turning over every stone beyond payroll and benefits savings to improve your results – that’s good for employee morale too.

How much can I expect to save?

Almost ALL organizations have savings opportunities that far exceed what they suspected because we look at more than the cost of what the organization is currently doing, but also the options & alternatives management may not be aware of to do something different not just pay less for the same goods and services.

Business value and revenue equivalent impact:

You cannot save your way to prosperity. However, having a forward-thinking, efficient operation may allow you to pursue sales opportunities you could not profit from in the past. $250,000 in new savings for a company with a 5% pre-tax profit margin is like adding $5 million in new revenues! The same $250,000 in savings increases the enterprise value of a company (with a “5” valuation multiple) by $1.25 million.

Leave a Reply