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profit enhancement

PROFIT ENHANCEMENT

 

All organization sizes and types can benefit from this unique service - Fortune 500, Government, NPO, or “Mom & Pop”.The purpose is to increase profitability via proven Fortune 500 techniques.

 

 

GE Corporate Properties & Services contracted McKenzie & Associates in 2005 to audit operating & tax expenditures for its domestic lease portfolio. James Kafieh delivered great economic value to GE.
GE Corporate

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UTILITY AUDIT
AND TARIFF ANALYSIS
UTILITY BILL PROCESSING
LEASE MANAGEMENT OUTSOURCE
UTILITY SITE SETUP SERVICE
PROCUREMENT
UTILITY RATE OPTIMIZATION
PROFIT ENHANCEMENT

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piggy bankIn this profit enhancement service we help organizations of all sizes reduce overall expense structure by minimizing waste, lowering overhead and administration, and identifying and eliminating errors/overcharges. In the process we boost efficiency, effectiveness, and economy.

With our profit enhancement service, we dive deep into contracts, leases, invoices, reserves, government funds, and P&L’s to verify such items as contract compliance and then identify opportunities for cost reduction.

Profit Enhancement Bottom Line

The bottom line is that we can audit/vouch any contract to its respective expenditures, ensure that agreements are being honored and that any contractual 'gray areas' are flushed out and documented accordingly. Our value comes from being able to leverage ALL of the above points together (with expertise honed over 20 years) for your benefit.

Profit Enhancement Categories Include:

Contracts, Leases, Occupancy Expenses, Health, Benefits, Risk Management, Unclaimed Property & Escheat Recovery, Contract & Payment Vouching

Profit Enhancement Real Estate / Occupancy:

  • Rent
  • CPI Increases
  • Lease/Contract Triggers and Adjustments
  • CAM
  • Insurance
  • Taxes
  • Lease Exclusives Adherence
  • Early Lease Termination Analysis and Negotiation
  • Supplier Contract Renegotiation
  • Occupancy Expense Renegotiation
  • Co-Tenancy Adherence

Profit Enhancement Health / Benefits / Insurance:

  • Dependent Eligibility Audit
  • Workman’s Compensation
  • Prescription Audit and/or Prescription Benefit Manager Agreement Review
  • Formulary Audit
  • Health/Medical Invoice Audit
  • Reinsurance Audit
  • Retiree Benefit Review
  • Claim Reserve and Activity Review
  • Reserve Valuation
  • Premium Audit
  • Payroll
  • Classification Audit
  • Fee Schedule Reviews
  • Property Claim Reviews
  • Property Subrogation
  • Life Expectancy Audits
  • Death Audits
  • Wage Statement Audit
  • Service or Admin Fee Audit
  • Pension
  • Death Search
  • Calculations Correct Payouts
  • D&O Coverage
  • Audit Retention Layers

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