Cost Reduction Services

Make more informed
purchasing decisions and
save in every category

Corcentric’s Cost Reduction team empowers
clients to optimize every dollar spent

Organizations from the mid-market to the Fortune 1000 trust the procurement and strategic sourcing experts at Corcentric to drive savings across their entire spend profile. No other company has our years of cost reduction experience or our broad category expertise.

Contingency-based cost reduction

Generate risk-free savings in any spend category with Corcentric’s unique contingency-based cost reduction service model.

Standard
Cost Reduction
  • Junior resources
  • Limited category expertise
  • Seeks low-hanging fruit
  • Payment based on any savings
  • Hidden fees
  • No execution or change management
Corcentric’s Contingency-
Based Approach
  • Decades of experience as consultants and procurement practitioners
  • Experience in dozens of direct and indirect categories
  • Pursues everything from quick-wins to long-term improvements
  • Payments based exclusively on realized, hard-dollar savings
  • No hidden fees or secret motives
  • Full-spectrum services to ensure long-term results

Profit Recovery
Services

Are your supplier relationships generating the value they should be? Are your procurement processes as efficient as they could be? Find out with an audit and spend analysis from our profit recovery experts.

Sales, General + Administration Expense Cost Reduction

Reduce the cost of doing business with support from Corcentric’s SGA Cost Reduction specialists. Get savings in even the most overlooked categories and subcategories.

Corcentric
Cost Reduction Results

Corcentric Cost Reduction expertise is industry-agnostic and applies to organizations of any size.
We’ll help you develop a strategy to spend smarter so you can achieve real, immediate, and sustainable savings.
These are just a few examples of how much our customers have saved:

16%

Advertising

24%

Awards +
Promotional

28%

Background
Checks

17%

Banking +
Finance

7%

BPO Services

5%

Cafeteria
Services/Food

15%

Chemicals

18%

Collections
Outsourcing

8%

Construction
Materials

16%

Containers

12%

Corrugated

7%

Data
Analytics

8%

Direct
Materials

8%

Electricity

5%

Equipment
Leasing

20%

Facility
Maintenance

12%

Fleet
Management

8%

Fuel

20%

Hazmat
Removal

12%

Industrial
Equipment

18%

Ink +
Toner

12%

Insurance

11%

Invoice
Outsourcing

11%

IT Services

18%

Janitorial

34%

LMS/Training

23%

LTL Freight

8%

Lubes +
Greases

19%

Marketing

50%

Market
Research

23%

Merchant
Accounts

12%

MRO
Services

19%

MRO
Supplies

25%

Multi-Functional
Devices

9%

Natural
Gas

12%

Office
Furniture

14%

Office
Supplies

11%

Packaging
Supplies

11%

Payroll
Services

13%

Printing
+ Forms

25%

Propane

27%

Publications
+ Newsletters

8%

Recruiting

9%

Relocation
Services

8%

Security
Services

17%

Small
Parcel

28%

Software

24%

Telecom
Equipment

28%

Telecommunications
Services

24%

Temporary
Staffing

14%

Transcription
+ Translation

12%

Travel

12%

Truckload
Freight

28%

Uniforms

14%

Waste
Removal

30%

Wireless

What cost reduction savings can we find for your organization?

Related Spend Management Resources