In 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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