Our Proven Process

Step One: Preliminary Savings Estimate (Two Weeks)
Cost Containment Specialists (CCS) partners with organizations that need to reduce operating expenses. Since 1998, CCS has helped businesses and non-profit organizations reduce and contain costs. Our expense management experts use a proven methodology to achieve meaningful cost reduction and containment across a wide range of indirect expenses. Our fees are success based, so you do not pay us until we produce the savings.

Step Two: Scope of Work
Once we present the preliminary savings analysis and identify the scope of expenses and suppliers, a Letter of Engagement is signed and we are ready to initiate the cost reduction process.

Step Three: Expense History Review
We collect and analyze detailed historical expense invoice data from each of the existing and new suppliers in the scope of work. This includes a line item analysis to conduct a detailed review of past invoices. We also analyze your supplier service requirements and unique specifications.

Step Four: Supplier Negotiations
We enlist our team of subject matter experts (SME’s) and cost containment professionals to lead a thorough vendor analysis and negotiation process. CCS is uniquely qualified to leverage our considerable purchasing aggregation capabilities and expense category expertise to maximize your savings in each of the expense categories in the scope of work.

Step Five: Implementation (Eight to twelve weeks)
Once the negotiations are complete within each expend category, we present a set of detailed cost analysis recommendations, along with the actual annual savings, for your review. We only implement the recommendations that are approved by you. In the expense categories where new suppliers are selected, we help facilitate a smooth and orderly transition to make sure you start realizing the savings as quickly as possible!

Step Six: Monthly Invoice Audits
Once the implementation is complete, CCS tracks and monitors supplier compliance to ensure that the negotiated savings are realized. We report the realized savings to you on a monthly basis.