Businesses are constantly looking for ways to cut costs on everything from goods and services to utilities for their properties. However, waste removal is often overlooked because it falls outside the property, unlike more immediately required services such as electric utilities or water.
The fact is that many companies are overpaying for waste removal. They may not be aware of it, let alone consider alternatives to make these services more cost-effective. Enter waste audits and outsourced waste management services.
Outsourced waste management entails working with a dedicated company to manage all aspects of waste removal, including:
Collection
Disposal
Transportation
Waste material monitoring
How does the process look exactly? After receiving an initial data set comprised of invoices and related contracts, we communicated with the hauler(s) to obtain historical usage data.
In addition to the application of proprietary knowledge and methods, the following bullet points outline some of the steps performed throughout the detailed audit process:
A rate analysis was performed to assure that the cost for like-type service was in line with what the market dictates.
All applicable aspects of the taxation of waste removal services were investigated including, but not limited to; state and local sales tax, gross receipts tax, and utility tax.
Container sizes were reviewed to assure “right sized” service at each location.
Frequency of pickups was investigated, and tonnage per pull, to be sure containers are being filled for optimal billing.
Where applicable, a cost/benefit analysis was performed looking at liquidated damages versus cost savings potential, to improve both short and long-term spend.
All options for diversion of solid waste were investigated, and where possible, rebate programs were identified whereby the facilities can recoup funds for recyclable commodities.
Access 16+ cost-saving solutions spanning 4 subcategories (Utility Services, Contract Services, Financial Services, and HR Services). There is often one, or more, areas in which we can aid our clients.
Our Auditors deploys proprietary knowledge, methods, and superior technology to thoroughly analyze invoices and services for errors, anomalies, and inefficiency in billing. Clients can login to track the progress of each audit, at each location, in “real time” using the Client Portal.
An interim report of findings can be downloaded at any time during the audit process through your uView Dashbard. A formal report of our audit recommendations is provided by our Auditors on every audit project.
Where some audit firms simply make recommendations, Our Auditors will assist you to implement the cost savings and obtain the refunds that we identify. We will act as your project lead, completing paperwork and compiling claim documents for your review that are required to realize the benefit of what we propose.
As a contingency-based service we only invoice for cost savings and refunds if, and after, the client realizes them.
Whether you’re managing a single manufacturing site or a nationwide retailer with thousands of locations, Views360 simplifies your cost containment projects. With multi-audit visibility, real-time communication, and dynamic savings reports, everything you need is just a click away!
The process starts with a simple data upload request needed to complete the cost reduction project. Any necessary Letters of Authorization will be available for download/upload within your dashboard or emailed to you.
Our cost reduction experts will begin identifying errors and inefficiencies within your billing structures. The option to communicate with the auditor assigned to your audit is available within your Views360™ dashboard. You will receive notifications when savings are found and ready to implement.
View, approve, or deny all cost savings recommendations within the client portal. You will receive an email notification once results are ready for your review. All savings recommendations are approved by the client prior to implementation.
Sit back and enjoy savings! You will receive a complete audit report of the savings and refunds implemented, as well as the ability to track ongoing savings and invoices, all within your client portal.
We take a holistic approach to every engagement, thoroughly reviewing multiple service areas to enhance operational efficiency. Leveraging a global network of specialized expertise across various cost categories, we assign an experienced cost containment specialist to each project.
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