niponneil – Hospitality Savings
Waste
How predictable is your waste every month?
Variability in your waste from month-to-month makes a big difference to certain service providers.
Is your container size and collection frequency optimized?
Finding a provider that is both cost effective and meets your needs can be challenging.
Are your waste disposal fees changing frequently over the course of the year?
A professional audit of your expenses can get to the bottom of it.
Merchant Services
Do you reference the "effective rate" to evaluate how competitive your processing fees are?
A blended pricing structure makes it more difficult to fully understand all the factors impacting your fees.
Do you know how your current processing environment impacts your processing fees?
How you process payments and capture data can have a big impact on your monthly fees.
Have you asked your processor to provide you an "interchange-plus pricing" quote?
This pricing structure is often the least expensive and most transparent option.
Telecom
Have you conducted a recent usage audit across your telecommunications system?
In many cases, we find inefficiencies and redundancies in the number of lines and features.
Have you considered moving to a Voice over IP platform?
Cloud based telecommunications systems typically provide unique features at lower costs.
Do you know when your current plan automatically renews?
Companies typically only have a 30-day window to make changes to their current contract.
Shipping
Have you considered splitting your shipping business across multiple vendors?
Vendors tend to specialize in certain areas so playing to their unique strengths can reduce your overall costs.
Are you paying for unnecessary delivery guarantees?
Being more flexible on delivery times can significantly reduce your costs.
Do you review your monthly statements to ensure the correct charge codes are used?
Charge codes can be very confusing and require a detailed review to ensure you are being charged correctly.
Larry Nipon
Strategic-Partner
Office: 518-620-5012
Michael Neil
Strategic-Partner
Office: 215-607-2882
