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merger cost reduction

“Merging with SIB allows us to do even more for our clients while also expanding SIB’s client offerings. The cost savings due to cost synergy … SIB Fixed Cost Reduction specializes in reducing monthly expenses for companies. Cost Control Associates is a national leader in utility expense management. This expertise across a variety of industries and audit categories allows SIB to effectively rectify billing errors and negotiate lower pricing for our clients without changing vendors or service levels across dozens of spend categories, including telecom, utilities, waste removal, bank fees, maintenance contracts, property tax, commercial insurance and more. For information about CCA, visit costcontrolassociates.com. For information about CCA, visit costcontrolassociates.com. SIB and CCA will continue to operate independently in the short term, each with an expanded service offering that will benefit their respective client bases. The company analyzes clients’ current vendor invoices to identify billing errors, ensure contract compliance and negotiate best-in-class pricing. The company’s utility expense management services include utility invoice reviews, utility bill processing and payment, analysis and review of utility data, energy procurement and other services. A satisfied and happy customer is … “We’ve partnered with the team at CCA for several years in order to provide our clients with the most competitive rates and services for their utility spend,” said Kevin Flounders, president of SIB Fixed Cost Reduction. All rights reserved. The firm specializes in helping businesses and other organizations reduce and better manage their utility costs for energy, waste removal and telecom. Cost Reduction. “Merging with SIB allows us to do even more for our clients while also expanding SIB’s client offerings. This expertise across a variety of industries and audit categories allows SIB to effectively rectify billing errors and negotiate lower pricing for our clients without changing vendors or service levels across dozens of spend categories, including telecom, utilities, waste removal, bank fees, maintenance contracts, property tax, commercial insurance and more. Commerce Policy | “I spent almost 30 years making Cost Control Associates what it is today,” said Laake. Registration on or use of this site constitutes acceptance of our, Dow jumps 423 points in rebound from worst week since March », There's a 'tectonic shift' headed for stocks, Morgan Stanley warns, thanks to a decade of slowing growth and rising wealth inequality ». Cost Control Associates is a national leader in utility expense management. SIB Fixed Cost Reduction specializes in reducing monthly expenses for companies. SIB operates on a contingency model, only sharing in a portion of the savings they achieve for their clients. Flounders will lead the newly combined companies as CEO of SIB. Charleston, South Carolina, UNITED STATES. The company analyzes clients’ current vendor invoices to identify billing errors, ensure contract compliance and negotiate best-in-class pricing. “We’ve partnered with the team at CCA for several years in order to provide our clients with the most competitive rates and services for their utility spend,” said Kevin Flounders, president of SIB Fixed Cost Reduction. The company’s utility expense management services include utility invoice reviews, utility bill processing and payment, analysis and review of utility data, energy procurement and other services. SIB only shares in the savings they find and only after clients realize the savings. SIB has analyzed over $3B in spend across more than 70,000 locations nationwide. Founded by President Keith Laake in 1991, the company offers a variety of innovative services including cost recovery and reduction, energy procurement, invoice processing and payment, and budgeting and forecasting. “I spent almost 30 years making Cost Control Associates what it is today,” said Laake. By bringing the two companies together, SIB and CCA clients will benefit from the collective power of two companies whose mission is to lower overhead expenses and boost profitability. SIB operates on a contingency model, only sharing in a portion of the savings they achieve for their clients. Cost Reduction The budget was prepared for a short-term cash drain but some acquisitions can become more of a long-term hemorrhage. By bringing the two companies together, SIB and CCA clients will benefit from the collective power of two companies whose mission is to lower overhead expenses and boost profitability. Cost Control Associates is a national leader in utility expense management. SIB has analyzed over $3B in spend across more than 70,000 locations nationwide. CCA complements these services, helping companies reduce and better manage utility expenses for energy, waste removal, telecom and cellular. SIB only shares in the savings they find and only after clients realize the savings. Product Extension Merger allows both the organization to use each other’s operational efficiency and resources. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Synergies arise out of cost reductions, due to efficiencies in the newly combined firm. Alternatively, they may arise due to new net incremental revenues Sales Revenue Sales revenue is the income received by a company from its sales of goods or the provision of services. SIB specializes in reducing operational costs for companies in areas such as waste removal, telecom, bank fees, property tax, utilities, maintenance contracts, corporate insurance and dozens of other spend areas. CHARLESTON, S.C., Oct. 27, 2020 (GLOBE NEWSWIRE) -- SIB Fixed Cost Reduction announced today that it has completed a merger with long-time partner Cost Control Associates (CCA). Controlling costs comes down to one thing— speed ! © 2020 GlobeNewswire, Inc. All Rights Reserved. Since operational tools and manpower is shared, it cuts down additional costs. The company’s utility expense management services include utility invoice reviews, utility bill processing and payment, analysis and review of utility data, energy procurement and other services. Cost synergy is the reduction of costs due to increased efficiencies following a merger of two companies. The company analyzes clients’ current vendor invoices to identify billing errors, ensure contract compliance and negotiate best-in-class pricing. For more information about SIB, visit www.aboutsib.com. The fact that many M&A guides refer to all-encompassing ‘M&A pre-transaction costs’ and ‘M&A post-transaction costs’ is a testament to this. @ However, mergers and acquisitions usually aren = t successful, cost more than projected, and demand so many resources that they distract from really effective activities like the Cost Reduction Strategy outlined on the home page. By bringing the two companies together, SIB and CCA clients will benefit from the collective power of two companies whose mission is to lower overhead expenses and boost profitability. Better Customer Satisfaction. © 2020 Insider Inc. and finanzen.net GmbH (Imprint). Stock quotes by finanzen.net. CHARLESTON, S.C., Oct. 27, 2020 (GLOBE NEWSWIRE) -- SIB Fixed Cost Reduction announced today that it has completed a merger with long-time partner Cost Control Associates (CCA). “We’ve partnered with the team at CCA for several years in order to provide our clients with the most competitive rates and services for their utility spend,” said Kevin Flounders, president of SIB Fixed Cost Reduction. This is a positive move for CCA, and I feel good about our combined teams doing great things together.”. For more information about SIB, visit www.aboutsib.com. CCA complements these services, helping companies reduce and better manage utility expenses for energy, waste removal, telecom and cellular. For information about CCA, visit costcontrolassociates.com. SIB and CCA will continue to operate independently in the short term, each with an expanded service offering that will benefit their respective client bases. “Bringing CCA into the SIB family was a natural next step in our growth strategy as we expand both organically and through mergers and acquisitions.”. “I spent almost 30 years making Cost Control Associates what it is today,” said Laake. “Bringing CCA into the SIB family was a natural next step in our growth strategy as we expand both organically and through mergers and acquisitions.”. Cost Control Associates operates independently and provides unbiased consultation and advice that have saved millions of dollars for its client businesses, organizations, school districts and government entities. “Merging with SIB allows us to do even more for our clients while also expanding SIB’s client offerings. For more information about SIB, visit www.aboutsib.com.

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