Major Mergers Like AT&T Deal are Going to Impact Telecom Spend. Here’s What Businesses Can Do to Keep Costs Down.
No business can run without telecommunication services. That’s why it’s important to pay close attention when key industry players make significant moves certain to affect your organization’s operational telecom spend. A federal judge recently approved AT&T’s $85 billion acquisition of Time Warner, a decision that will bring a ripple effect of change impacting the future […]
Silverback Answers: Why Don’t Companies Change Wireless Vendors to Save Money?
Recently, we were asked about how companies reduce their ongoing mobility expenses. More specifically: Can companies save money by switching wireless vendors? This person had recently seen one of those wireless ads, with a vendor claiming its services to be so much less expensive than the competition. Understandably, the question of whether companies ever consider […]
More Energy Savings are Always Available for Your Business
Can you change the price you pay for energy and other utilities? (Even after you have had your invoices checked and double-checked?) Contrary to popular belief, you absolutely can. We have been successfully lowering these costs for large companies for the past 18 years. But how can you change the price of what you pay […]
Talkin’ Trash | How to Stop Overpaying for Waste Management Services
These days, technology is moving at the speed of light. Things are changing in all areas of our lives. The waste and recycling industry is no exception to this. Yet no matter what changes regarding the handling and disposing of our everyday trash, the fact remains that we will ALWAYS generate trash, both in our […]
How Healthcare Providers Can Better Respond to Industry Disruptors Through Strategic Cost Reduction
Non-healthcare innovators such as Amazon, WalMart and Google are rapidly leveraging retail delivery of healthcare services, and effectively shaking up the industry by providing consumers alternative ways to access care. CVS Health’s expansion of MinuteClinics and intention to buy Aetna are just a few examples of recent moves disrupting the healthcare industry. Amazon also made […]
Accountant vs. Consultant: Which one is right for your company?
Whether you need an accountant or expense reduction consultant depends entirely upon what your business aims to accomplish. While both specialize in dealing with numbers and math, the roles are actually quite different. Maybe you need someone to handle your day-to-day expenses. Maybe you need someone to create a strategic plan with recommendations on what […]
How Schools Can Increase Cash Flow in the Face of a Growing Funding Gap
The funding gap for Indiana’s public schools is now larger than lawmakers originally predicted. In fact, the gap has more than doubled. Current estimates exceed $22 million despite initial reports estimating $9 million, according to a recent article in Indy Star. If enrollment trends continue, the following year’s budget will be even worse. A recent […]
The Cost Reduction Strategy You Need for A Healthier Bottom Line
If your organization isn’t one of the 70 percent of U.S. companies providing an employee wellness program, you’re missing out on significant bottom line cost savings. More than that, you could also be missing out on recruiting and retaining top talent, and on creating a more engaged and productive workforce. A recent study by the […]
Will recent tax legislation impact future donations to non-profits?
Since added to the U.S. tax code in 1917, charitable deductions in annual tax filings have incentivized Americans to donate to non-profit organizations. Individual donations of cash and goods to non-profits comprise a substantial amount of income today for not-for-profits. A recent article by the Indianapolis Business Journal asked, “Will Americans decrease the amount of […]
Cost Reduction Initiatives Ranked Top CFO Priority
Cost reduction tops the list of priorities for healthcare CFOs in 2018, according to a recent survey by Kaufman Hall. Close to 30 percent of senior finance executives cite “identifying and managing cost-reduction initiatives” as the most critical performance management function. The survey, which featured responses from senior finance executives from more than 350 hospitals, […]