major expense reductions
Game Changing/ Innovative Expense Reduction Proven Strategies
Turning FICA Liabilities into Free Cash Flow and Value-Added Employee Benefits
Back Bay has partnered with a world-class, innovative, international network of professionals, subject matter experts (SMEs), and leading market disruptors Whenthat can assist our client or customer OEMs with exceptional services, mainly focused on the indirect spend area – driving costs significantly lower and containing them – thereby significantly augmenting free cash flow/EBITDA and overall enterprise value.
Our World-Class Preventive Care and Wellness Program Partner: EHP/Revive
EHP/Revive offers an innovative, compliant (IRC 125, 105, and 106) employee preventive care and wellness program to any corporation with more than 25 Full-Time W-2 employees.
The program offers a world-class suite of additional benefits to each participating employee in five key areas: Primary Care, Urgent Care, Mental Health, Prescription (Rx), and Weight Loss. All with 24/7 access and zero copays.
Employers can save up to $649 per participating employee per year (PEPY), and the employees’ take-home net pay actually increases slightly.
So, all this in a net-neutral/net-zero implementation model that is easily integrated by our team of professionals at EHP/Revive.
Sounds too good to be true. Can’t be compliant? Think again. It IS on both fronts.
The program is non-disruptive to current plans in place and works particularly well with organizations that are self-insured. However, they also work very well in level-funded and fully funded scenarios. The program “sits on top” of a traditional major medical health insurance environment. Employers save significantly and immediately; employees have more benefits immediately with no copays.
Great employee program driving huge employer cost reduction/value creation, complemented by employee recruitment, retention, and overall productivity.
To learn more about this program or schedule a ½ hour call timeslot with our subject matter experts, please reach out.
Technology Partner Optimizer
Microsoft has announced a price increase that takes effect on November 1, 2025. Many organizations will see their costs go up at renewal — in some cases by double digits. To help Back Bay’s clients stay ahead of this and other technology cost increases, Back Bay has partnered with HonestStok Technology Partners.
As a dominant and world-class distributor, HonestStok specializes in sourcing, negotiating, and optimizing technology spending including Microsoft licensing. Their rifle-focused mission is clear: to assist our clients and customers – or any corporation for that matter – to reduce and right-size their overall spend on technology of any sort with a simple yet comprehensive integration plan.
For one middle-market-sized client, our joint review identified more than $425,000 in cost avoidance over three years. We can build the same type of technological cost avoidance/cost reduction program for virtually any organization in the world employing any technology, including AI and the IOT (Internet of Things).
Just reach out on either of these significant cost reduction opportunities, and we will take it from there. In both cases, the process is simple and straightforward.
For more details on the program, please review the information here.