ERA - Expert Blogs

Blogs

While our buying power is impressive, it is the extensive in-house knowledge and expertise at Expense Reduction Analysts that deliver truly significant cost reductions for our clients. Many of our cost analysis experts share their thoughts in this section.

Here you can read our experts' perspectives and insights on current and ongoing topics in expense management as well as get cost saving ideas and other advice on cost reduction and supplier management. Contact us directly for further information or to discuss any of the topics covered.

Friday, March 8, 2013 by Steve Bunker
Regions: United States
Are you increasingly taking credit cards as a form of payment from your customers? Have you ever wondered what the real cost of accepting credit cards is and where that money goes? A brief overview of credit card fees and some tips can help ensure you pay the lowest fees possible.  Although...

Friday, March 8, 2013 by Jim Agnew
Regions: United States
Companies are constantly under pressure to increase shareholder value. Traditionally, management looked to growing sales and margins as the primary contributor to overall bottom-line improvement.  In recent times, however, building top-line revenue (increasing unit volume or the prices charged...

Monday, February 25, 2013 by
Regions: United States
I respect McKinsey.  Years ago I worked on a project while I was at Electronic Data Systems (EDS).  That is why I read and pass on words of wisdom from McKinsey. “When a critical strategic initiative at a major multinational stalled recently, company leaders targeted a talented, up...

Monday, February 25, 2013 by Greg Brown
Regions: United States
If you run a midsized business, you likely are aware that the Patient Protection and Affordable Care Act (ACA) is expected to impact you more than small or large employers.  The assertion of higher costs for companies with between 101 to 1,000 employees gained a lot of attention when it was...

Monday, February 25, 2013 by Greg Brown
Regions: United States
According to one report I’ve come across, key trends and issues expected to impact business finance and procurement in 2013 include mobile BYOD apps; growth of social media; e-invoicing; the Cloud; and increased analytics.   Apps for BYOD.  When, I wonder, did BYOD enter the...

Monday, February 25, 2013 by Jim Agnew
Regions: United States
It has been said that, in the manufacturing world, it takes a 'burning platform' to motivate organizational to “do something significant... and significantly different” when it comes to implementing lean processes.  Frequently, despite plentiful evidence and documentation...

Monday, February 25, 2013 by Jim Agnew
Regions: United States
Tough economic times often lead companies to implement internal actions targeted at reducing costs, many of which are ineffective due to the existing workload already put upon employees.  Even those organizations with adequate time frequently find that they don’t have the talent or...

Monday, February 25, 2013 by Jim Agnew
Regions: United States
Many of us remember all too well when companies found it relatively “easy” to obtain funding for capital expenditures – almost any business with a relatively clean track record could just “borrow the money”.  Lenders were typically eager to provide cash for...

Wednesday, January 16, 2013 by Jim Agnew
Regions: United States
Let’s face it – we all have to clean – or hire someone to clean for us – or be hired to clean for someone else.  Regardless of why or how we are exposed to cleaning, ultimately, the cleaning buck stops here; for some in the form of monthly service fees, for others, in...

Wednesday, January 16, 2013 by Carl Crawford
Regions: United States
Many of our clients have struggled to deal with the pain of growing complexity and escalating costs with their wireless telecom expenses. Whether it is complex service plans, exploding data usage, or uncontrollable international roaming costs, implementing a plan to control these expenses is a...

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