Is Your Procurement Team Getting 100% of Captured Savings?

Here we discuss how 'market pricing' is considerably lower than the savings your procurement team can achieve and through our vast experience how Expense To Profit is able to do so.

Is Your Procurement Team Getting 100% of Captured Savings?2021-03-12T15:19:26-05:00

The Common Mistakes Businesses Are Making Today and How to Fix Them

Running a business is a hectic experience. Do not let anyone tell you otherwise. From the start, actualization, and daily operations, every step of the way is filled with hurdles and common mistakes. Some of which, you would have to plan to scale across.

The Common Mistakes Businesses Are Making Today and How to Fix Them2021-03-12T16:32:53-05:00

Why Expense To Profit? It’s Simple.

Every business starts with the vision to provide value for customers and make profits from that venture. More often than not, this vision—this purpose—is somewhat lost in the midst of all the strategies to usher in a new product or service to her faithful customers and entice new ones.

Why Expense To Profit? It’s Simple.2021-03-12T16:33:59-05:00

Expense to Profit: Eliminate the Costs That Sabotage Your Growth

Why Tackle Expense Reduction? If you have owned a business for any length of time, you know that it comes with the freedom to run things YOUR way and on YOUR time. However, in the quest for that freedom, many business owners are focused almost exclusively on generating revenue. Most would say that without fresh revenue coming into the business, the busi­ness fails. The correct answer is to reduce expenses without changing anything that you are currently doing.

Expense to Profit: Eliminate the Costs That Sabotage Your Growth2021-03-12T16:36:54-05:00

What Your Employee Benefit Plan Should Cost

What Should Your Employee Benefit Plan Cost? It can be expensive to ensure that you attract the best employees, but you need talented employees for a successful company. It is estimated that it costs $15,500 for health benefits per employee. This may affect your bottom line. Health benefit costs are rising much faster than wages. How can employers ensure benefits for employees while still keeping costs down? There isn’t a singular answer to this question.

What Your Employee Benefit Plan Should Cost2021-01-22T15:26:07-05:00

Cost Reduction: Significance and Ways to Achieve It

In business, entrepreneurs must strive to increase revenue. A company does not only prosper when it earns a significant profit. A business grows when it successfully achieves cost reduction plans.

Cost Reduction: Significance and Ways to Achieve It2021-01-22T15:28:05-05:00

Cost Reduction: A Tough Job For CEOs and CFOs

Business costs are one of the many aspects that need to be controlled within a company. It is not enough that your business continuously engages in investment activities. It does not guarantee you success. There is still a need to go through budgeting, planning, and accounting for the business' finances. As such, making cost decisions is essential for CEOs and CFOs. It also holds a vital significance in the industry.

Cost Reduction: A Tough Job For CEOs and CFOs2021-01-22T15:28:26-05:00

22 Ways to Reduce Overhead Costs for Small Businesses

If you are a business owner, you are likely feeling the effects right now of the COVID-19-induced economic downturn and looking for creative ways to reduce overhead costs. Learn more.

22 Ways to Reduce Overhead Costs for Small Businesses2020-08-13T19:13:18-04:00

How to Do a Spend Analysis with the COAT Method

A spend analysis is a process to audit and understand all of your business expenses. We'll show you how to conduct one and save money in this article.

How to Do a Spend Analysis with the COAT Method2020-08-13T19:13:18-04:00

What is Spend Analysis?

If you find yourself wondering “where does the money go?,” it’s time to invest in a spend analysis. However, you might not know what a spend analysis is. This article is for you. Learn more.

What is Spend Analysis?2020-08-13T19:11:15-04:00
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