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Who We Are

Sourcing and Accounts Payable professionals with 50+ years of deep experience driving optimal outcomes.

Why We Exist

Accounts Payable is absolutely critical to running a successful business.  Accounts Payable is the last line of defense against certain types of fraud, and it holds immense responsibility to manage cash, to comply with myriad regulations, and to operate efficiently to ensure that suppliers get exactly what they are promised, on time, every time.

Even so, A/P is often undersupported by investment leaving team members with manual processes driving everyday “hair on fire” drills, paper check processes that are unchanged in decades, and little capacity to make changes — even changes with huge ROI.

Value We Deliver

CostWellness is a boutique consultancy, focused exclusively on helping A/P and Treasury adopt the process improvements and enabling technology to bring their operations into the present day.  We have a proven, tested GAAAP methodology (Gather-Audit-Allocate-Authorize-Pay) that we use to turn enterprise accounts payable into a cost-neutral or revenue producing function.

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CostWellness Offerings

Our consultants are subject matter experts with decades of experience and hundreds of successful projects behind them.  Here are some areas we are proven to help clients….

Free A/P Assessment

Free A/P Assessment

Based on a combination of detailed Payables data and stakeholder interviews, our team of analysts will complete a high level analysis, complete with benchmarks, recommendations, and ROI analysis of needed changes.

Virtual Card Adoption And Optimization

Virtual Card Adoption and Optimization

Looking to expand beyond Pcard programs with low adoption and small rebates that may not even cover the internal costs to manage the solution?  Our program is proven to increase rebates by up to 7x.

M & A

M & A

When you buy or merge with another organization, you take responsibility for all their mess – the duplicative contracts that no one can find, invoices going to locations closed for years (but somehow paid anyway), redundant services!  CostWellness’ staff analysts and SMEs can cut through the clutter in weeks and give you plans, tools, and a rock-solid ROI to get complete control.

 

Technology Integration

Technology Integration

Once we make technology recommendations to achieve a desired ROI, we stay involved through the implementation, providing project management, software configuration and testing, and ROI attainment measurement.

Telecom Project Management

Telecom Project Management

Costwellness offers an unbeatable combination of deeply experienced Telecom resources and an innovative delivery model for very low costs. Our team will manage your telecom and cloud infrastructure project deployment end-to-end and turn over meticulous records to ensure that your project achieves both technical and business goals.

 

Telecom Audit

Telecom Audit

While the days of easy money in telecom audits are mostly behind us, there is still significant value in having our experts do a detailed bill review.  After reviewing your invoice and contract data, we will be able to provide an estimate of available savings and a path to achieving those savings, usually within 1-2 weeks.

 

 

 

Colocation Sourcing

Colocation Sourcing

Whether you are finally moving out of the LAN closet in your office, or considering strategic co-location to get next to customers, vendors, and cloud partners, CostWellness stands ready with detailed market knowledge of the facilities and connected partners at sites around the world.  Contact us today for a free review of upcoming decisions and talk with one of our experienced data center experts.

Software Sourcing And Negotiation

Software Sourcing And Negotiation

The line between software and services gets blurrier every quarter.  Software providers get inspiration from telcos for inspiration on product structure to avoid commoditization and protect high margins.  At the same time, we all know of clients who got 90% discounts on software!  How do you avoid overpaying?  Reach out and we will show you how!

 

Payment Processing

Payment Processing

The promise of fully electronic approval and payment has been around since the dawn of EDI.  Why then are you still sending paper checks to vendors!?  CostWellness can help make this a reality, savings hundreds of hours each month and millions of dollars in the process.  Call or email us today for a complimentary assessment including a detailed vendor analysis.  Who knows, we may even send you a check!

 

Free Assessment!

We start all our client relationships with a free assessment.  This makes it easy for you to get to know us, the quality of our work, and the value we deliver.  For us, it helps to build an understanding of your environment – your service providers, your organization and processes, and the challenges you are up against.

Why Cost "Wellness"?

Why are we called Cost”Wellness?”  We truly work to heal broken processes within organizations to better manage recurring IT spend.  We also work to heal broken relationships between you, the customer, and your service providers.  Oh, and we also do a ton of work for healthcare providers, and it’s important to align ourselves completely with our customers’ goals.