COST REDUCTION SERVICES
Make more informed purchasing decisions and save in every category
Corcentric’s cost reduction team empowers clients to optimize every dollar spent
Organizations from the mid-market to the Fortune 1000 trust the procurement and strategic sourcing experts at Corcentric to drive savings across their entire spend profile. No other company has our years of cost reduction experience or our broad category expertise.
Corcentric’s Cost Reduction team empowers clients to optimize every dollar spent
Organizations from the mid-market to the Fortune 1000 trust the procurement and strategic sourcing experts at Corcentric to drive savings across their entire spend profile. No other company has our years of cost reduction experience or our broad category expertise.
Contingency-based cost reduction
Generate risk-free savings in any spend category with Corcentric’s unique contingency-based cost reduction service model
Standard cost reduction
Junior resources Limited category expertise Seeks low-hanging fruit Payment based on any savings Hidden fees No execution or change management
Corcentric’s contingency-based approach
Decades of experience as consultants and procurement practitioners Experience in dozens of direct and indirect categories Pursues everything from quick wins to long-term improvements Payments based exclusively on realized, hard-dollar savings No hidden fees or secret motives Full-spectrum services to ensure long-term results
Profit Recovery servicesAre your supplier relationships generating the value they should be? Are your procurement processes as efficient as they could be? Find out with an audit and spend analysis from our profit recovery experts.
Sales, general, & administration expense cost reduction
Reduce the cost of doing business with support from Corcentric’s SGA cost reduction specialists. Get savings in even the most overlooked categories and subcategories.
Corcentric’s end-to-end cost reduction services empower you to identify and execute on every opportunity
Corcentric cost reduction results
Corcentric cost reduction expertise is industry-agnostic and applies to organizations of any size.
We’ll help you develop a strategy to spend smarter so you can achieve real, immediate, and sustainable savings.
These are just a few examples of how much our customers have saved:
16%
ADVERTISING
24%
AWARDS + PROMOTIONAL
28%
BACKGROUND CHECKS
17%
BANKING +
FINANCE
7%
BPO SERVICES
5%
CAFETERIA SERVICES/FOOD
15%
CHEMICALS
18%
COLLECTIONS OUTSOURCING
8%
CONSTRUCTION MATERIALS
16%
CONTAINERS
12%
CORRUGATED
7%
DATA
ANALYTICS
8%
DIRECT
MATERIALS
8%
ELECTRICITY
5%
EQUIPMENT LEASING
20%
FACILITY MAINTENANCE
12%
FLEET MANAGEMENT
8%
FUEL
20%
HAZMAT
REMOVAL
12%
INDUSTRIAL
EQUIPMENT
18%
INK &
TONER
12%
INSURANCE
11%
INVOICE
OUTSOURCING
11%
IT SERVICES
18%
JANITORIAL
34%
LMS/TRAINING
23%
LTL FREIGHT
8%
LUBES &
GREASES
19%
MARKETING
50%
MARKET
RESEARCH
23%
MERCHANT
ACCOUNTS
12%
MRO
SERVICES
19%
MRO
SUPPLIES
25%
MULTI-FUNCTIONAL DEVICES
9%
NATURAL
GAS
12%
OFFICE
FURNITURE
14%
OFFICE
SUPPLIES
11%
PACKAGING
SUPPLIES
11%
PAYROLL
SERVICES
13%
PRINTING
& FORMS
25%
PROPANE
27%
PUBLICATIONS
& NEWSLETTERS
8%
RECRUITING
9%
RELOCATION
SERVICES
8%
SECURITY
SERVICES
17%
SMALL
PARCEL
28%
SOFTWARE
24%
TELECOM
EQUIPMENT
28%
TELECOM
SERVICES
24%
TEMPORARY
STAFFING
14%
TRANSCRIPTION
& TRANSLATION
12%
TRAVEL
12%
TRUCKLOAD
FREIGHT
28%
UNIFORMS
14%
WASTE
REMOVAL
30%
WIRELESS
Resources
Related spend management resources
REPORT
Stay One Step Ahead: How AR Can Help the Business Navigate Tough Economic Times
REPORT
ISG Reports: Procurement BPO and Transformation Services 2023
WHITE PAPER
The Case for Accounts Receivable Managed Services
Resources
Related Spend Management Resources
REPORT
Stay One Step Ahead: How AR Can Help the Business Navigate Tough Economic Times
REPORT
ISG Reports: Procurement BPO and Transformation Services 2023
WHITE PAPER
The Case for Accounts Receivable Managed Services