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 designed for third-party Amazon sellers utilizing Amazon Fulfillment Services. The company specializes in refund recovery and inventory management, employing proprietary auditing technology to analyze discrepancies and facilitate financial recovery. By tracking inventory transactions, refunds, and claims, GETIDA helps sellers enhance their operational efficiency and overall performance in the competitive Amazon marketplace.

Vector97

Acquisition in 2022
Vector97, formerly known as Refuse Specialists, operates in the management consulting sector, focusing on the waste and recycling industry. The company specializes in organizing and visualizing invoicing data to optimize costs and provide clients with valuable insights into their operations. Its services include waste and recycling audits, data and program analysis, compliance management, and secure document storage. Vector97 also addresses challenges faced by various sectors, including manufacturing, healthcare, and hospitality, by offering consulting solutions that tackle issues such as driver shortages, mechanical problems, and billing inaccuracies. With extensive experience in the waste industry, Vector97 aims to enhance operational efficiency for its clients through tailored strategies and program optimization.

Shipware

Acquisition in 2021
Shipware is a provider of innovative distribution solutions and strategies for volume parcel and LTL shippers. The company specializes in helping clients reduce their shipping costs by 10-30% without disrupting existing operations. Shipware's offerings include a cloud-based reporting platform that enhances spend management visibility and features services such as distribution spend analysis, carrier contract negotiation, modal optimization, parcel and LTL invoice auditing, and logistics efficiency metrics reporting. By leveraging advanced data processing and licensing capabilities, Shipware empowers clients to make informed cost-saving decisions in their transportation logistics.

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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