Services
Business Planning, Cost Reduction, Logistics, Financing, Tax Reduction, HR Solutions and More!
How can we help you?
Healthcare cost
Employee Retention
Operating Cost
Business Planning and CFO Services
Accounts Payable Automation
Shipping
Tax Grants and Rebates
Financing and Loan Assistance
Employee Focus
Healthcare Cost Reduction
Employee Healthcare benefits ranked as the 2nd largest expense for the average employer, second only to payroll. And the rising cost of employee health benefits is the number one issue, or problem employers are facing today. We have a healthcare billing problem in the United States. The price for medical services and the price of prescription drugs, depends on how much can be extracted from you, or from your health plan, and you have no idea how much the bill is going to be until after services are rendered.
We focus on controlling 4 primary cost drivers which make up 90% of the cost of a health plan: hospitalization & surgery, outpatient services, including diagnostic labs & imaging, emergency services, prescription drugs, and physician services. We help organizations to reduce the cost of their employees’ health benefits by 12% to 25% and sometimes more. While also reducing out of pocket costs, and increasing their qualify of care without necessarily changing their broker or health plan provider
Employee Retention
Instant Pay for employees is a company sponsored third-party employee benefit program specifically designed for the employee and hourly workers at no cost to the employer and require no integration to payroll systems. With unemployment at historic lows, it’s becoming increasingly difficult to attract and retain top talent.
Offering instant access to earned wages is a benefit that can build loyalty with your employees and give you a competitive edge in recruiting top talent. Employers find themselves at a competitive disadvantage if they’re not offering instant access to earned wages. The average cost to replace an employee is $3,228 and the average cost of absenteeism per employee is $3,600
Operating Cost
Cost Benchmarking Reduction
One of the most challenging tasks of a business owner is evaluating operating expenses and negotiating vendor rates. As corporate structures and expenses constantly increase, it is it difficult to ensure that you are not paying more than what you should, putting your business at a competitive disadvantage.
We are addressing this challenge through machine learning and proprietary software algorithms, where our partner analyzes your expenses and uses benchmarked spend data, from their $6T data lake, to ensure you’re paying only what you should, and not a dollar more.
The best part is that our partner works on a contingency basis, meaning that if they don’t save you money, you don’t owe them a cent. On top of that, none of this involves changing your current vendor relationships and we even handles all of the vendor negotiations to implement the savings they discover.
Accounts Payable Automation
Many organizations pay their vendors with paper checks or ACH transfers. Checks are inefficient, costly, and not secure. And 70% or more of vendor payments are still processed via check. ACH payments cost less and are more secure but limited in data exchange. And neither of these payment methods generates revenue. The Virtual Payment technology we use is significantly more efficient and faster than checks or ACH, and it generates substantial revenue just from paying your vendors
This solution works with your existing accounting system, at no additional cost, is highly secure, saves time & money, and most importantly pays you for each transaction. You must pay your suppliers anyway, so why not generate revenue from doing so?
Shipping
Although a company’s shipping costs may consume five to ten percent of their annual revenue, few companies have the time or tools to effectively manage this expense. Shipping carriers have this process unnecessarily complex, leading to overspending on shipping and a competitive disadvantage.
We’ve changed the game… introducing a cutting-edge shipping execution platform, at no cost to our clients who qualify, combined with exclusive rates and cost savings strategies that they cannot find anywhere else. Our system doesn’t simply print labels, it’s a completely automated, multi-carrier shipping technology that continuously optimizes your shipments to identify savings opportunities withing your small parcel and LTL shipments. You can keep your current carriers and load them right into our shipping platform.
Our proprietary software, combined with over two hundred million parcels shipped annually, through more than twenty thousand clients, gives you access to rates that companies can only dream of. By using our software, our clients see anywhere from 15% to 40% savings on their shipping spend while enjoying a more efficient and streamlined workflow process in their shipping operations.
Tax Grants and Rebates
Workforce Hiring Incentive
Hiring tax incentives are available to companies that are growing and creating new jobs, companies that are experiencing a high turnover in a given year, as well as companies that have seasonal employment swings such as retail chains, warehouses, manufacturers, restaurants, hotels and motels. Our experts are here to provide guidance on how to maximize the incentives you receive when hiring new employees, summer youths, new adults, new disabled veterans as well as benefits for each new long term family assistance recipient hired over a two-year period.
Some of the programs that we investigate on your behalf are the Work Opportunity Tax Credit, Hiring Incentives Restore Employment Act and the Small Business Jobs Act. The PATH Act of 2015 has significantly expanded the platform of Hiring Incentives Local, state and federal tax incentive programs allow employers to reduce taxable liability of private-for-profit employers for the hiring of qualified individuals.
R&D Tax Credit
The Research & Development Tax Credit was originally enacted as a Federal Tax Program in 1981 and was designed to encourage American investment in innovation. In 2004, tax regulation changes significantly expanded this credit opportunity, which is available to many small and medium sized companies whose activities include design, manufacturing and process improvements. Companies that qualify for this program get signific tax credits based on activities related with developing or improving a product and/or process.
Our team of highly qualified professionals which includes IP attorneys with engineering backgrounds, adheres to the Comprehensive Project by Project Approach methodology required by the IRS. By following this methodology, we qualify every applicable employee, activity, hour spent and corresponding wage paid in order to maximize the incentive for your company. We strictly adhere to the application sections of the code and provide comprehensive documentation to substantiate our findings.
Property Tax Mitigation
Outside of income taxes, the single largest recurring charge for commercial property owners is property taxes. In most states, owners are required to pay taxes on both their real estate as well as their personal property. These charges are often an immense expense and a constant hit to the bottom line. To ensure you are not being overcharged on your property taxes, a specialist with extensive market experience in valuation, tax, and law is needed.
Our experienced team of professionals in mitigation, valuation, assessments, and law will work on your case to identify any potential opportunity for refunds and/or reductions in your current property taxes. We perform all the work on your behalf until savings are captured, including partaking in hearings and filing necessary paperwork. We act as an extension of your company toward the governing property tax bodies.
Cost Segregation
Engineering-based cost segregation studies permit commercial real estate owners to reclassify real property for depreciation purposes and reclassify it as more rapidly depreciating personal property. This reclassification results in significant cash flow benefits in both present and future years through considerably shorter depreciation tax life and accelerated depreciation methods. Note, these studies are not limited to new building or renovations.
Over 75% of our projects are on older properties using the “catch up” method which can produce significant results. Most building owners and CPAs do n not have substantial experience with Cost Segregation. Countless building owners are missing our on this powerful tax savings strategy. We run an initial consultation and develop a feasibility report to determine the cash flow and net present value (NPV) benefit potential. Our professionals evaluate your current tax status and your future business plans along with your CPA to determine if a full study would be of benefit.
Business consulting
We assist our clients with a variety of additional business consulting and services with the focus on improving their revenue and profit and increasing company value.
We assist our clients with the following:
- Establishing a business plan
- Financial evaluation of projects
- Budgets and forecasting
- Fractional and virtual CFO services
- HR tools
Our business consulting services are designed around the needs of the customer and ranges from $49 to $149 per hour. Our hours and rates are agreed upfront after the initial meeting and invoiced once our client confirms they are satisfied with the result.
Business Planning, Financial Forecasting and Monthly Management Services
A business plan is an important tool for any company to plan for success and guide the company into there future. Your company business plan is a roadmap to your growth and provide direction and clarity for all aspects of your operations.
Growth rates for companies with business plans are 30% higher and 71% of the fastest growing companies in the USA has a business plan
We work with you to create your business plan and forecast with a step-by-step guideline on completing the business plan. Our online interactive tool gives you and other contributors to the business plan a live version of your business plan
We integrate your actual financial results from Quickbooks or Xero and provide you with management reports that highlights areas that deviates from the plan and take corrective actions. With these corrective actions and management report, we become your right-hand man in steering your organization to growth and higher valuation.
We provide the following:
- Creating your business plan and or business pitch
- 3-year financial forecast
- Monthly variance analysis and reporting
- Corrective actions to improve profit and growth
- Industry benchmark comparison
- Monthly profit and loss statement, Balance sheet and cash flow statement with comparison against forecast and previous periods
- Your own online portal with your business plan and all financial reports
Financing / Business Loans
We partner with National Business Capital & Services, ROK Financial and other lending partners to help our clients get the financing and business loans they need to fulfill their business growth and expansion needs or to help cover unforeseen business expenses to keep the business afloat.
Clients can apply for loans from $25,000 up to $5,000,000 with terms ranging from 6 months to 25 years in length, from over 75 different programs including SBA loans, Term Loans and Lines of Credit.
Financing is available in under 24 hours, subject to qualifications, terms, and conditions, however, the application process is fast and qualifications start with a one-page digital application with approvals in under 24 hours.
Would you like to start a project with us?
Call or email us today to get the free consultation scheduled.