cost reduction

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bill auditing Bill Review Billing Optimization business expense management Cost Reduction Services Cost Reduction Specialists Cost Reduction Tips Document Management spend management vendor expense management vendor management solutions vendor risk management VMS

Why is cost reduction as important as top line revenue growth?

Often times when speaking with C-level executives I hear a jaded view on revenue in general. Most executives feel that sales forgives all sins and that top line revenue is king. But is it? Because at the end...

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Bill Audit Bill Review Billing Optimization Document Management VMS VMS-DM

Establishing a Vendor Management Process that is Focused on Continuous Improvement

Vendor management is the process of continually assessing the risks a third-party vendor and its subcontractors pose to your institution. It relies on policies, procedures, and tools to monitor and mitigate tho...

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Bill Audit Bill Review Billing Optimization Document Management VMS VMS-DM

Managing Vendor Risks

Taking a risk-based approach to vendor management is growing quickly in importance as businesses work with a broader base of vendors. Business expansion and increasing regulatory scrutiny of vendor relationship...

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Bill Audit Bill Review Billing Optimization Document Management VMS VMS-DM

Spend Under Contract is a Key Metric for Vendor Management Solutions

Spend Under Contract is exactly that…it is the amount spent by an organization that is covered under a contract with a vendor.   They are expenses that are actively reviewed and managed internally by a Vendor M...

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Bill Audit Bill Review Billing Optimization Document Management Fully Managed VMS VMS-DM

Why not take advantage of a no risk, shared savings Bill Audit?

If you are a cost minded and profit responsible business owner, Managing Member or C-Level executive, ask yourself this question…Why wouldn’t I jump at the opportunity to have a contingency based, no risk audit...

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Bill Audit Bill Review Billing Optimization Document Management Fully Managed VMS VMS-DM

Benchmark Analytics are Necessary to Drive Improvements to Your Bottom Line

To know how to save money, you need to know where it is spent. The reality for most vendor management teams is that spend analytics and contract information is often incomplete. Managing critical documents and ...