Articles

Why Now Is the Perfect Time to Lock in Long-Term Vendor Savings
In today’s economic climate, business leaders face mounting pressure to control rising overhead costs while maintaining profitability. With inflation driving up operating expenses, global supply chains facing persistent disruptions, and

Is AI Right For Your Business?
Artificial Intelligence (AI) is everywhere; from powering voice assistants to streamlining customer service, it is changing how we live and work. Yet, when it comes to business operations, many owners

C-Suite Sherpas Podcast with Marc Freedman November 11th, 2024
https://www.youtube.com/watch?v=A9i62bEnja8 Expense to Profit Services: With 40+ years of experience and an extensive network helping businesses answer an important question—am I paying more than market price? In more than 25,000

Reduction in Expenses for Business Health Care Benefits: Smarter Solutions for 2025
Suppose there is one topic that keeps CEOs and senior executives awake at night. In that case, it is finding the balance between offering excellent healthcare benefits to employees and

Procurement in 2025: Trends to Watch Out For
With 2025 around the corner, procurement is once again stepping into the spotlight as CEO and senior executives continue to zero in on improving their operations. For businesses across the

Why Your Company Should Add Wellness Programs for Employees
Have you ever wondered why some companies offer workers gym memberships or healthy snacks? These are examples of wellness programs that are becoming increasingly popular in workplaces. Let us discuss

Driving Enterprise Value Through Cost Optimization
In today’s competitive and fast-changing economic and corporate landscape, business executives want to stay ahead of the curve and improve their enterprise value. The reason is not farfetched; businesses must

The Difference Between Cost Savings and Cost Avoidance
Business executives worldwide want the same thing: a reduction in operating costs. And when it comes to business finances, you typically hear the words’ cost savings’ and ‘cost avoidance.’ While

Telecom Expense Management Solutions: A Business Buying Guide
What if reducing telecom costs didn’t mean changing suppliers or risking essential service? Telecom expense management solutions can help identify charges and agreement terms worth reviewing, but choosing the right

Wellness Programs for Business: A Practical Guide
What if a wellness program gets little participation because its activities don’t fit employee needs? A wellness program for businesses works best when it starts with people, not a ready-made

Hospitality Profit Improvement: A Practical Guide to Stronger Margins
What if stronger margins didn’t require guests to accept less? Hospitality leaders know rising operating expenses can quietly squeeze profit, but broad cost cuts may put product quality and service

Savings Validation: How to Confirm Business Cost Reductions
What if a reported cost reduction never appears in your actual spending? Savings validation checks whether a forecast or negotiated rate led to a real, measurable change. Procurement and finance

Small Business Expense Reduction: A Practical Guide
What if lowering expenses didn’t mean cutting what customers value? Small business expense reduction starts with a careful review, not automatic budget cuts. Recurring bills and vendor terms can be

Corporate Cost Reduction Strategies for 2027: Cut Waste, Protect Value
What if the best way to lower costs isn’t to cut harder, but to see spending more clearly? Cost pressure can make every expense look like a target, but cutting

3rd Party Cost Reduction: How an Outside Expert Can Help
Could you lower operating costs without replacing the suppliers your team depends on? It’s a fair question: vendor changes can create extra work, and your team may not have time

Maximizing Employee Benefits for Retention and ROI
What if you could improve employee benefits without increasing your budget? Rising insurance premiums and wages can make that feel like a tough trade-off: spend more to support your team,