REDEX keeps all of our clients confidential so you won't see us sharing any of your names but we will be sharing your stories of how much money we saved.
Consultant: Ross
Blog entry - April 29, 2011
REDEX is proud to announce it has partnered with The New York State Land Title Association. As with most partnerships this is extremely beneficial to both parties.
The benefit to REDEX is fairly obvious. It will increase our client base and introduce us to a market in a wide-spread fashion.
The benefit to NYSLTA is that its members that want to lower their expenses or do not wish to pay a membership fee each year will now be able to eliminate both problems by simply hiring REDEX. Our core process of analyzing a company's expenses and either renegotiating current rates or finding transparent vendors to replace the current over-charging vendors will help increase the bottom line. As an added bonus we will also pay a portion, and possibly all of the membership fee to join the NYSLTA.Consultant: Steve
Blog entry - February 26, 2011
A recent article in the Los Angeles Times by Alana Semuels and Ronald D. White noted that recent international events including the revolts in Libya have caused the price of crude oil to surpass $100/barrel.
The rising cost of fossil fuels not only increases the cost of filling your gas tank, but it also directly impacts the cost of doing business in America today.
"Shipping companies such as UPS add fuel surcharges to their rates as the price of [fuel] rises. The UPS fuel surcharge is currently 6% on ground freight and 10% on air freight. Those rates are slated to rise to 6.5% and 11%, respectively, on March 7."
REDEX has extensive experience negotiating all of your shipping rates and fees to ensure that your business doesn't feel the burden of increased fuel costs.
Even if your company has never shipped a single package, the increased cost of fuel causes your suppliers to pass these increased costs on to you.
Speak with a REDEX consultant today to find out how to combat these increases and obtain the best possible prices for all of your company's supplies.
Consultant: Dan
Blog entry - February 19, 2011
REDEX is pleased to announce that we have been selected as a finalist for the 2011 University of Maryland Business Competition sponsored by Kevin Plank, founder and CEO of Under Armour.
REDEX was selected as one of the five finalist s from a very competitive pool of companies competing for the top prize. The winner of the Business Competition will be determined on April 1, 2011 by a panel of judges made up of Executives from Under Armour.
REDEX was able to advance to the final round based on its strong business model which offers clients the opportunity to significantly reduce their non-core expenses while maintaining or improving the level of service. On average, REDEX saves 20%+ on non-core expenses: office supplies, telecom, shipping, etc.
Please click here to learn more about the 2011 University of Maryland Business Competition.
Please click here to learn more about the origins of the Business Competition and Kevin Plank’s involvement.
Consultant: Brad
Blog entry - January 20, 2011
In January of 2011, REDEX was engaged by a medical practice outside of Baltimore, MD. We were brought in to conduct an audit of the company’s Credit Card Processing expenses.
We have found in just about every credit card processing client a large degree of wasteful spending. This premium expense is hidden across transaction fees, processing fees and other account specific detail that typically goes unnoticed. Our client has been in business for over 30 years and recognizes that they neither have the time nor the industry knowledge to properly procure this business expense.
Enter REDEX! With our granular understanding of expense categories & market pricing, we were successfully able to execute an expense reduction project yielding 47% annual savings in Credit Card Processing fees.
Consultant: Ross
Blog entry - October 3, 2010
I met with a large law firm in New York City. They were busy, which in this economy is great. The first thing I was told by the managing partner was "I don't have a lot of time to meet with you. If that's a problem then we can't use your service right now."
I explained that I would need less than an hour to get started.
Once the managing partner was sold on our services and signed our engagement letter, I quickly moved to getting copies of office supply bills.
While paper may only cost a fraction of a penny per page, this firm used enough paper per year that when I was done I saved them $18,000 a year on paper alone.
Across the board we achieved what projects to be $210,000 in savings per year, which we will closely monitor to make sure the vendors continue to provide our client with high quality service.