StrategicSource Helps Clients Save Over $1 Billion on Business Expenses
StrategicSource's data-driven approach has generated over $1 billion in client savings in 25 years, translating to a remarkable $990 million profit boost, proving the power of strategic cost reduction.
SAVAGE, Minn., March 27, 2025 /PRNewswire/ -- StrategicSource, Inc., a leader in cost reduction and profit improvement, has reached an incredible milestone—helping clients save over $1 billion on indirect expenses over the past 25 years. Saving $1 billion for clients has significant profit margin implications. For every $1 saved, $.99 goes straight to profits. StrategicSource has given clients $990m in profits.
Since 2000, StrategicSource has worked with businesses in industries like automotive, healthcare, restaurants, school districts, and manufacturing to cut unnecessary costs, negotiate better deals with suppliers, and find smarter ways to manage spending. By using data and a step-by-step sourcing process, the company has reduced costs in more than 150 spending categories.
"For 25 years, we've helped businesses take control of their expenses and increase profits," said Doug Austin, Founder and Chairman of StrategicSource. "Reaching $1 billion in savings shows the power of our approach and the trust our clients place in us to help them manage costs."
StrategicSource helps businesses save money. They carefully track all spending to find areas for improvement, like negotiating better deals with suppliers and cutting waste in areas such as rent, utilities, office supplies, and vehicle expenses. This gives businesses a clear picture of their finances, leading to better efficiency and higher profits. Their services work for companies of all sizes.
StrategicSource helps businesses
- Augment their team
- Manage their contracts
- Negotiate better rates
- Reduce expenses
To learn more, go to https://strategicsource.com/ to find out how to Keep More of the Money You Make.
StrategicSource provides a comprehensive solution to help companies navigate these turbulent economic times. We offer expert guidance, and a suite of powerful tools designed to effectively manage expenses, unlock significant cost savings, and ultimately enhance profitability. Their team of experienced professionals possesses deep industry knowledge and a proven track record of success in helping businesses optimize their spending. They work closely with clients to identify areas of inefficiency, develop tailored cost-reduction strategies, and implement robust processes to ensure long-term financial success.
Looking ahead, StrategicSource remains focused on helping businesses tackle rising costs and economic challenges. As expenses continue to grow, more companies are turning to professional expense management to protect their bottom line and stay profitable.
About StrategicSource, Inc.
Most auto dealers lose large potential profits each month by overpaying for expenses. Indirect expenses that are required to run a business can cause auto dealers to spend 25% more than they should according to research and the experience of our practice. But when StrategicSource becomes your purchasing department, you keep more of the money you make. StrategicSource will help reduce unnecessary spending so you can put that money back into your bottom line. They've helped hundreds of companies save millions. To learn more about StrategicSource go to [https://strategicsource.com/](https://strategicsource.com/).
Media Contact:
McKenzie Grimes
612-227-4488
mgrimes@strategicsource.com
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SOURCE StrategicSource, Inc.