Fees, timing, Data requirements, & keeping existing providers
Qualifications, one-time & Recurring Benefits, Savings Realization
Types of savings, working with your financial partners, Compensation
There is no fee for our initial assessment.
Our initial meeting is typically no more than 15 to 30 minutes. During this session, we will gather basic information about your company to determine which tax incentives, business expense reduction programs you may qualify for as well as potential revenue gain opportunities. This can be done onsite, over the phone, or via a teleconference. . .whichever best accommodates your team and schedule.
After the initial interview, we will follow-up to get additional detail based on the service benefit opportunity. As an example, to determine how much revenue you could generate from paying your vendors virtually, we would just need a summary of your AP spend sorted by supplier. In 3 to 5 business days we will get back to you with an estimate of the rebates you could earn.
Not at all. If you are satisfied with the current level of service of your service providers, you can continue with them. Use us to make sure you are not inadvertently being overcharged for any fees that don't apply to your business.
Our expert team will continue to act on your behalf to make sure your new business service provider is billing you only for fees or line items that apply to your business. We provide peace of mind, month in and month out, so that you can focus on running your business.
WILL BY BUSINESS QUALIFY FOR A SAVINGS BENEFIT?
In our experience 9 out of 10 companies can benefit from one or more of our services. Your savings level will depend on what our team determines when they evaluate selected areas of your business.
ARE SAVINGS ONGOING OR A ONE-TIME BENEFIT?
This depends on the service type. Services that are recurring will continue to deliver savings as long as you are using those services.
WHEN ARE RECURRING SAVINGS PAID OUT?
Savings from recurring programs will be delivered on an ongoing basis, typically beginning within three weeks of our analysis of your business data and verification of benefit level.
WHEN ARE PROJECT SAVINGS PAID OUT?
Project savings are typically paid out within 30 days of confirmation of your total savings benefit and recovery from the underlying service provider or taxing authority.
WHAT TYPE OF SERVICES DOES YOUR COMPANY OFFER?
We focus on delivering expense reductions, revenue gain, and specialized tax incentives that you can apply to your company's bottom line. Our team of business process consultants, engineers, intellectual property attorneys, and expense auditors work together seamlessly to maximize your benefit.
WHAT EXPENSE REDUCTION SERVICES DO YOU PROVIDE?
Our team runs a multi-point expense analysis to identify overcharges and billing errors in key expense areas such as credit card processing, gas & electric energy use, document management, parcel shipping, waste & recycling, wireless, and worker's compensation premiums.
WHAT TAX INCENTIVE SERVICES DO YOU PROVIDE?
Our team of tax specialists use proprietary software to identify local, state, and federal tax incentives available for your business. On average, for a small to mid-size company, we are able to identify over $200,000 in tax-based incentives.
ARE THESE SERVICES MY CPA OR CFO COULD HANDLE?
The services we focus on and recover on your behalf, require highly specialized expertise to maximize your benefit capture and to ensure any overcharges found are permanently removed. As an example, Visa/Mastercard update their fee structures twice a year(!) which are referenced in documents several hundred pages long. This is not an area that CPAs/CFOs want to be spending all their time.
Similarly, specialized tax incentives such as R&D tax credits are extremely technical and backed by myriads of case law. CPAs do not have time nor knowledge to investigate, determine, procure, and defend specialized incentives such as those in the Section 41 ("Research") Credit.
HOW ARE YOU COMPENSATED FOR PROVIDING THESE SERVICES?
We are compensated based on a share of the savings identified. There is no charge for our assessment of your company's expense reduction savings and tax incentive recapture opportunity. In effect, we offer a free business diagnostic. If we don't find any savings for your business, you owe nothing.