Apptix saves more than $450,000 a year

ERA provides benefits to members of Vistage International

The client, Apptix, Inc., is a premier provider of hosted business communications services.

Apptix CEO David Ehrhardt, who is a member of Vistage International, learned about Expense Reduction Analysts (ERA) during a Vistage event in Washington, D.C. While at the event, Ehrhardt attended ERA's session on cost reduction.

Apptix is a publicly traded company and Ehrhardt recognized an opportunity to increase earnings and shareholder value by cutting costs.

Savings found for 400 HP and IBM assets and $240,000 in card fees

 

ERA found savings in a number of expense categories, including maintenance costs for about 400 HP and IBM assets and “card not present” merchant card transactions.

IT savings were realized in part by switching from a re-seller of information technology products to a firm that specializes in hardware maintenance.

Reductions in merchant card fees were achieved by modifications to fee structures, authorization rates and Apptix’s merchant card classification.

 

"I've been impressed by the in-depth market knowledge of ERA's category experts. We could not have found savings of this magnitude on our own." - Chris Mack, CFO of Apptix

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