Expense Reduction Analysts helps prominent technology company rationalise energy costs

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Telecommunications and Technology

Organisation overview

Empired provides information technology solutions across Australia, New Zealand and North America. They work with organisations to improve productivity, empower staff, streamline and automate business processes, and deliver operational efficiencies for businesses in all industries. They work with organisations that typically employ upwards of 250 people that engage them to provide thought leadership around technology-based business solutions.

Empired has a demonstrated track record of delivering efficient, reliable, scalable systems. They bring IP to any engagement gained over many years of delivery, which they look to reuse where possible, leading to faster and higher quality solutions. Empired has a history of strong delivering on-time, on-budget projects.

 

The challenge

The CFO engaged Expense Reduction Analysts to review a number of cost categories, including cleaning and energy. Upon analysis, we found that the company was doing an excellent job of managing costs in cleaning, but that there would be an opportunity to rationalise suppliers and achieve savings on their energy costs.

The process

Using the Expense Reduction Analysts’ cost reduction process, Ruth Cohen and Graham Wood, our energy specialist, helped the client examine their options. Whilst there was no opportunity for savings in the Melbourne and Brisbane offices, Graham found that there had been overcharges in the Sydney office, and that there were savings opportunities in Sydney, Adelaide and Perth.

 

The result

Empired achieved significant savings. Expense Reduction Analysts monitored the new arrangements with monthly auditing and reporting to ensure continued good outcomes for the next 24 months. We were able to achieve savings for our client of 35% and obtain a significant credit on overcharges. Both the CFO and  Financial Controller were thrilled with the outcome.

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