major expense reductions
Other Network Resources/Indirect Spend Items
Back Bay has partnered with a world-class, innovative, international network of professionals, subject matter experts (SMEs), and leading market disruptors that can assist our client or customer OEMs with special services, mainly focused in the indirect spend area – driving costs significantly lower and containing them – thereby significantly augmenting free cash flow/EBIDTA and overall enterprise value.
A few of our impactful, currently offered services include:
We can help immediately guide our client principals and customers with direct and automatic Payroll Expense Reduction through a readily available and significant FICA reduction program for any organization with over 25 W2 employees.
This program combines a robust, add-on, voluntary, preventative care and wellness benefit plan that can “sit on top” of a traditional major medical health insurance environment and self-insured plans. Employers save significantly and immediately per employee, and employees gain access to a valuable, meaningful, robust, comprehensive preventative and wellness plan that actually self-funds. All this is at a “cost-neutral”/ no net cost to the employer or employee.
To learn more about this program or schedule a ½ hour call timeslot with our experts, please reach out.
Another unique and valuable offering is a Federal Tax Credit Program available to any US Federal Personal or Corporate filer (C, S, LLC, LLC…). The currently available tranche of these credits is $300,000,000 at $.60 on each US Federal Tax credit dollar. These have been created and approved by the US Department of the Treasury.
Workflow automation, payroll automation, and revenue generation are value-added services offered. These can add to both the top and bottom lines of the P&L.
On the product delivery/logistics side, an incredibly unique service offering same-day delivery Services—best tailored to certain retail and distribution companies—is also available for an extremely low flat fee. This is disrupting that industry as well.
These are just a few of the ancillary (indirect spend) or additional potentially significant Value-Added products we have access to on behalf of our OEM customers and supplier partners. We would be delighted to explain more fully and provide further details if your organization can benefit from these programs.