New partnership will expand cost reduction services for more than 25,000 member companies
CHARLESTON, SC – SIB Fixed Cost Reduction, a company specializing in reducing recurring monthly expenses for multiple-location companies, announced today that it has launched a new project with VGM Group, Inc., to expand cost reduction services available to its member companies, totaling more than 25,000 companies throughout the United States and Canada.
“SIB’s proven ability to help businesses control expenses is a perfect fit for our members,” said Mike Mallaro, CEO of VGM. “We are excited to partner with SIB to positively impact the bottom line of our members. I think our members will embrace the opportunity to lower their operating costs and do so under SIB’s contingent fee structure – members only pay based on a percentage of savings. You can’t lose.”
As an officially-approved supplier, SIB will work with VGM to offer a wide range of cost reduction consulting services to participating members. SIB will identify savings by negotiating better contracts for recurring monthly service expenses (such as phone, internet, bank fees, utilities, maintenance contracts, and others), and by finding and correcting errors and overcharges on past bills. VGM members will only pay SIB a percentage of the final, realized savings.
VGM provides business solutions to diverse industries, including golf. VGM Club’s 3,500 participating members will have immediate access to engage with this new SIB partnership.
“Everyone at SIB is very excited to start working with such a large and well-respected group as VGM,” said Tom Loutrel, Senior Vice President of SIB. “Our expertise will be a great fit for their members, and the scale of this project is potentially very significant. We share in VGM’s goal of saving money and increasing cost efficiency for our clients, so this will be a very natural and mutually beneficial relationship.”
About SIB Fixed Cost Reduction
SIB Fixed Cost Reduction is a firm specializing in reducing external expenses for clients with large facilities or multiple locations, such as restaurant groups, hospitals, universities, government agencies, Fortune 500 companies, and other organizations. Unlike other consulting firms, SIB only bills based on the savings they find, and clients are not billed until savings are realized. Through expert analysis, SIB will discover if businesses have overpaid or are currently overpaying on services such as telecom, utilities, maintenance contracts, and other recurring bills. For more information about SIB, visit their web site at www.aboutSIB.com
About VGM Group, Inc.
VGM Group, Inc. is a national leader in providing business solutions to diverse industries, including health care, restaurant and golf, insurance, and other small businesses across North America. Headquartered in Waterloo, Iowa, VGM has operating companies with offices in Kansas, Arizona, Georgia, Florida, and Ontario (Canada). For more information about VGM, visit their web site at www.vgmgroup.com
About VGM Club
Established in 1994, VGM Club is the nation’s premier member service organization for the club industry. VGM Club has over 450 supplier and distributor partners who offer their 3,500 members volume discounts, improved terms, cash rebates and other incentives for all areas of operations.
For media inquiries, contact Cam Schultz at cam.schultz@vgm.com
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