Corporate Services Review

It is likely that any organization undergoing major changes and rapid growth has secured corporate support services in a hurry.  This often means that money has been ‘left on the table’ when vendors providing essential services over-charge in exchange for expediency and meeting urgent needs.

Typical growth pitfalls include:

• Recurring exorbitant legal bills when organizations lack the experience to ‘manage’ their lawyers
• Full rate executive search, personnel placement fees and temporary employee costs when people have to be found quickly
• Key vendor supply contracts (IT, real estate, supplies, etc.) without the discounts and flexible terms that otherwise can be negotiated
• Office lease costs with unchallenged pass-through operating expenses
• Overly high employee benefits costs whose vendors have not been accountable to competitive bidding
• Onerous equipment lease terms and rates