Essential Services, Unnecessary Costs: Schooley Mitchell, Boston Advises a Second Look at Business Bills
As COVID-19 ignites a wave of business cost-cutting, the Boston office of Schooley Mitchell is advising clients to take a harder look at what they’re paying for essential services, which often represent 15-20 percent of their expense budget.
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Seth Tenenbaum, Schooley Mitchell of Boston @Telecom Experts, says 15-20% of biz costs may be renegotiable. #Telecom #MerchantServices #SmallPackageShipping
Schooley Mitchell is the largest independent cost reduction company in North America—helping clients pare down necessary expenses such as telecommunications/Internet services, merchant services (e.g., credit and debit card processing), small package shipping and couriers, waste disposal and electronic signatures.
“COVID-19 sent businesses scrambling to work virtually, without time to review the cost of wireless connections, cybersecurity, and more. In the area of telecommunications alone, they may be spending up to 35 percent more than they should,” said Seth Tenenbaum, Strategic-Partner, Schooley Mitchell of Boston.
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“Seth Tenenbaum helped us reduce our annual wireless bill by $80,000,” said Matt Snyder, Director of IT and Business Process, R.H. White Companies, Inc., Auburn, Mass. “Knowing that his team is monitoring and optimizing our wireless expenses has allowed us to focus more on serving our customers.”
Since Schooley Mitchell opened in 1998, the organization has helped 22,000 companies cut these kinds of costs by an average of 27-28 percent, delivering over $360 million in documented savings. The company acts as a single point of contact to optimize expenses and manage partner relationships for organizations of all sizes—from the Fortune 100 to small businesses. In the area of telecommunications, for example, they navigate the complexities of numerous rate plans and tariffs, disparate billing systems, and hidden billing errors.
