SIB Fixed Cost Reduction

SIB Fixed Cost Reduction specializes in providing cost reduction and spend management services to a diverse clientele, including restaurant groups, hospitals, universities, and government agencies. The company focuses on analyzing and reducing fixed monthly costs through a suite of services that includes invoice analysis, vendor negotiation, monthly bill verification, contract management, and automatic error correction. By monitoring various expense categories such as telecom, utilities, and waste management, SIB Fixed Cost Reduction helps clients achieve significant savings. The company operates on a contingent fee basis, earning revenue from the savings identified for its customers.

Matt Cauller

COO

Kevin Flounders

CEO

5 past transactions

Procure America

Private Equity Round in 2023
Procure America provides business intelligence services for government, education, healthcare and private industry.

GETIDA

Corporate Round in 2022
GETIDA is a technology company that provides auditing and reconciliation solutions specifically for third-party Amazon sellers. The company focuses on refund recovery and inventory management, utilizing proprietary technology to analyze discrepancies within Amazon Fulfillment Services. By offering tools for financial recovery, GETIDA helps sellers discover and manage inventory transactions, refunds, and claims. This enables Amazon sellers to enhance their operational performance and effectively track their financial activities.

Vector97

Acquisition in 2022
Vector97, originally known as Refuse Specialists, operates in the management consulting sector with a strong emphasis on optimizing costs through the organization and visualization of invoicing data. The company provides valuable insights to its clients, which span various industries including manufacturing, healthcare, and hospitality. In addition to its core services, Vector97 offers waste treatment, environmental services, and recycling solutions. The company conducts waste and recycling audits, data analysis, and program optimization, along with secure document storage and compliance management. By addressing challenges such as driver shortages, mechanical issues, and billing accuracy, Vector97 aims to streamline operations and improve service delivery for its clients. With years of experience in the waste industry, the company is well-equipped to support clients in navigating complex logistical and contractual landscapes.

Shipware

Acquisition in 2021
Shipware provides innovative distribution solutions for businesses that rely on parcel and LTL shipping. Catering to major carriers such as FedEx, UPS, and USPS, Shipware guarantees a reduction in shipping costs by 10-30% without disrupting existing operations. The company offers a suite of services that includes distribution spend analysis, carrier contract negotiation, modal optimization, invoice auditing, and logistics efficiency metrics reporting. Additionally, Shipware has developed a cloud-based platform that enhances spend management visibility for shippers, enabling them to make informed decisions through contract optimization, benchmarking analysis, and comprehensive reporting. Through its intelligent solutions and consulting services, Shipware aims to generate significant savings for its clients in the logistics sector.

Sage Management

Acquisition in 2021
Founded 2004, our primary focus is saving our clients’ money. They Find Money on Telecom Bills™. Sage Management INC. (“Sage”) has identified over $1.65B, realized $650M in savings, while identifying over $100M/year for our clients. They are the only firm to validate on Global Carrier, Enterprise and Government Organizations telecom bills. They have benchmarked the telecom globe. Sage identifies, negotiates and reconciles billing discrepancies. While They find you money on telecom bills They supplement this service with industry leading Physical Audits that ensure an accurate inventory. They are currently negotiating over $400M in annualized telecommunications savings (Benchmarking/Dispute/Optimization) packages for their clients. Their services start with analyzing your invoices and contracts, they provide you with a book of business, then create a plan. They help you negotiate with your Current Vendor to see if they can provide you a market rate, based on a thorough Network Cost Evaluation. They offer full service Benchmarking which can include RFP/RFI creation, implementation, negotiation and post rate validation. They complement their Benchmarking with Physical Audit and Dispute Management services.
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