RESULTS
DIGITAL EQUIPMENT LEASE REVIEW
AND AUDIT
A client intending to release their existing digital equipment to take advantage of an IRS Section 179 Tax deduction requested an audit from us.
GASTROENTEROLOGY PRACTICE SAVES ON MEDICAL AND OFFICE SUPPLIES
A client engaged us to evaluate and determine if there were price optimization strategies they could employ.
FINDING SAVINGS IN MOBILE COMPLIANCE CONTRACTS
A client intending to release their existing digital equipment to take advantage of an IRS Section 179 Tax deduction requested an audit from us.
TROUBLE WITH JARGONY CONTRACTS: WORKER’S COMP PREMIUMS
Improper employee classification codes caused very high overcharges and an inflated EMR, which went unnoticed because of jargony contact language.
TENANTS OF A NEW YORK BUILDING PARTNER WITH EXPENSE TO PROFIT TO ANALYZE THEIR ANNUAL ADDITIONAL RENT/CAM EXPENSES
A client thought they might be overcharged for their annual CAM expenses and rent due. Here is what we found and how we recovered overpaid expenses.
DENTAL HEALTH MAINTENANCE ORGANIZATION PARTNERS WITH EXPENSE TO PROFIT TO ANALYZE THEIR MEDICAL SUPPLY SPEND
A client who wanted to save on expenses requested our assistance in locating a new medical supplies vendor. Our efforts saved them more than $1 million over 3 years.
Medical Practice Saves on
Medical Supplies
The award-winning multi-specialty medical practice staffed by a team of 500 top physicians and advanced care providers and 1500 clinical employees throughout 13 locations asked us to review its expenses for medical supplies.
Country Club Cuts Costs for Health Insurance and Food
Costs for client were increasing even as membership was decreasing. Efforts to cut costs while maintaining high-quality member services is a tough balancing act. ETP found ways to cut costs without sacrificing service or quality ─ a hallmark of ETP’s consulting expertise.
Hospitality Company Saves in Multiple Cost Centers
While the travel segments was strong, we were hired to determine if there were potential areas of savings this multi-state hospitality company could immediately deploy.
You Need A Forensic Expense Audit
We review existing contracts and agreements everyday. We consistently find areas where our clients are either being overcharged, OR they are paying way too much. Our team of experts are able to significantly reduce expenses which results in more cash flow your company can use for other important areas
WHAT OUR CLIENTS SAY
"When we hired you and told you under no circumstances were we changing our banking relationship you said, 'that was fine.' I was truly surprised because I thought the only way we would save money was to change banking institutions. When you reviewed our fees and provided your anaylsis showing us we were over paying by $32,000 in the last year I was flabbergasted. Still surprised but could not have accomplished this without your assistance."
Client since 2014, CFO,
Dental Practice, Milwaukee, WI
"Words cannot express my gratitude to you for all the help you were to me during the sale of my business. First reviewing all of my expenses and getting them to where they should be was amazing. There is not a category that you could not handle. I could not have accomplished this without your business knowledge, your support, and your 'know how!' I thank you and your team so very much and I hope to be able to work again with you in the future."
Florri Beckley CEO,
Your Cleaning Connection, North Potomac, MD
"We were referred to Evolved Profits through an adviser we are using. When Marc reviewed our expenses he noticed we had not claimed any R&D Tax Credits. We are not sure why our existing CPA never suggested we file for those credits. Marc and his CPA R&D Tax Credit team found we did qualify and also provided the forms necessary to amend our past three years returns to recover the overpaid taxes. In addition, he and his team will also support us should the IRS have any inquiries in regards to our amended return for no additional fee."
Client since 2018, CEO,
Robotics Company, East Peoria, IL
"On a monthly basis we got bills for IT services and had no clue if we were really receiving the services that were invoiced. We were referred to Expense To Profit and they reviewed our situation. They suggested we interview two new providers and also include our existing provider whom we liked. They suggested we do a RFP and require the provider be a fixed-price billing model. We no longer worry about unforeseen issues such as malware infections and software upgrades triggering outrageous bills. The fixed-price billing model is a blessing."
Client since 2013, Office Manager,
Law Firm, Washington, DC
"After Evolved Profits was successful in other expense areas we discussed doing a Health Insurance benefits review. We had just received our annual renewal and were surprised that costs were only going to be 2.5% higher. They contacted our current provider and actually secured a reduction of 7% from the prior year. Their analysis provided additional savings of 10% (total 22.5% from original renewal offer) and a better plan for our company. More surprising is this was done while keeping all deductibles and annual limits the same and more benefits."
Client since 2015, HR Director,
Biotechnology Company, Rockville, MD
"Marc and his team reviewed our workers compensation insurance policy. When he asked if we had ever done a claims audit, I replied, “I was not sure but we monitor our claims monthly and our agent takes care of that for us”. After they received our claims history they found 8 claims that were not closed properly and two that were never closed. In addition to getting back over $100,000 in overpaid premiums, our MOD rate was reduced causing a lower renewal rate for the current year. Thank you, what a valuable service."
Client since 2013, President,
Janitorial Cleaning Services, Washington Metro
"Our relationship with Evolved Profits is a true partnership. They have introduced us to solution providers that truly think “outside the box.” As a smaller consulting practice it is always difficult to compete with your larger competitors. Marc and his team have found ways to make that a reality. We are now able to afford to offer benefits that are almost identical to our larger competitors. The monthly reports provided always have new insights into additional solutions we should consider."
Client since 2012, Managing Partner,
Professional Consulting Group, Washington, DC
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WHY EVOLVED PROFITS?
Applying the Evolved Profits™ Impact you can move your company towards greater purpose and impact with your company from the savings recovered.
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