Cutting Costs Effectively

Operational costs can spiral out of control if not monitored closely. In this guide, we explore actionable steps for admin managers.

1. Audit Your Subscriptions

Review all software and service subscriptions. Cancel what you don’t use.

2. Automate Repetitive Tasks

Time is money. Use tools like VendorFi to automate procurement and vendor management.

3. Negotiate with Vendors

Don’t accept the first price. Build long-term relationships and negotiate better rates.