Expense Reduction Analysts franchise celebrate 20 years in cost management
Expense Reduction Analysts announced recently that it is celebrating 20 years
of business this year. Founded in the UK in 1992, this global cost and
purchasing management consultancy now operates in over 30
“I came across the idea when I was in the US in 1992,” says founder and Chairman Fred Marfleet. “It was a time of recession and this service to quickly increase profits that go directly to the company’s bottom line was needed by a lot of small and midsized firms.”
Since 1992 Expense Reduction Analysts has, it says, successfully implemented thousands of projects and enabled double digit savings. Key aspect of the successfully implemented projects is the network idea of Expense Reduction Analysts: the franchise has experts for almost every category in its network who have years of experience in that particular industry.
Over the last 20 years the number of analysed cost categories has rise from 3 to over 40 categories. According to the information provided, top categories in Europe are freight, travel management, packaging, printing, cleaning, maintenance, fleet management, factory consumable, small package freight, waste management, insurance, telecommunications, energy, and office supplies.
For the following years Expense Reduction Analysts expects an ongoing growth in the existing markets and shall also be looking to enter into new markets such as Eastern Europe and Asia. (kbp)
ERA Expense Reduction Analysts (UK)
business expense reduction
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