BOSTON--(BUSINESS WIRE)--As COVID-19 ignites a wave of business cost-cutting, the Boston office of Schooley Mitchell is advising clients to take a harder look at what they’re paying for essential services, which often represent 15-20 percent of their expense budget.
Schooley Mitchell is the largest independent cost reduction company in North America—helping clients pare down necessary expenses such as telecommunications/Internet services, merchant services (e.g., credit and debit card processing), small package shipping and couriers, waste disposal and electronic signatures.
“COVID-19 sent businesses scrambling to work virtually, without time to review the cost of wireless connections, cybersecurity, and more. In the area of telecommunications alone, they may be spending up to 35 percent more than they should,” said Seth Tenenbaum, Strategic-Partner, Schooley Mitchell of Boston.
“Seth Tenenbaum helped us reduce our annual wireless bill by $80,000,” said Matt Snyder, Director of IT and Business Process, R.H. White Companies, Inc., Auburn, Mass. “Knowing that his team is monitoring and optimizing our wireless expenses has allowed us to focus more on serving our customers.”
Since Schooley Mitchell opened in 1998, the organization has helped 22,000 companies cut these kinds of costs by an average of 27-28 percent, delivering over $360 million in documented savings. The company acts as a single point of contact to optimize expenses and manage partner relationships for organizations of all sizes—from the Fortune 100 to small businesses. In the area of telecommunications, for example, they navigate the complexities of numerous rate plans and tariffs, disparate billing systems, and hidden billing errors.
As a Strategic-Partner, Mr. Tenenbaum taps into the firm’s proprietary analytics and negotiation power. Its services are “risk free” as the company is compensated only if it saves clients money; otherwise, they essentially receive a complimentary audit. In most cases, Schooley Mitchell identifies new savings opportunities without a vendor change.
Mr. Tenenbaum joined Schooley-Mitchell in 2016 and opened the Boston location in June 2019. Contact him at seth.tenenbaum@schooleymitchell.com or 617.655.6505.
About Schooley Mitchell
Schooley Mitchell is the largest independent cost reduction consulting company in North America, with offices from coast-to-coast. To date, Schooley Mitchell has delivered over $360 million in documented savings to our clients. For additional information about Schooley Mitchell’s services and opportunity, visit www.schooleymitchell.com.