A multi-unit dental practice with 8 locations and growing. Their cost reduction priority was payment processing as they had a relatively high effective rate of 4.45%. Spendly found them a much more favorable 2.8% effective rate from a provider who could seamlessly integrate into their existing practice management software - Rectangle Health.
Delivered Cost Reductions:
Total Cost Savings
$127,961
Average Cost Reduction
26.5%
Savings Per Employee
$1,390
Category
Annual Reduction (%)
Annual Savings ($)
Payment Processing
37.1%
$90,750
Health Benefits
9.42%
$33,774
Workers Compensation
33.12%
$3,437
Client Testimonial:
“Our experience has been nothing but outstanding working with (Matthew) Spendly. We have been impressed by the savings they have been able to obtain on our behalf within multiple expense categories of our company. We highly recommend Spendly to anyone looking for cost savings in there company. ⭐️ ⭐️ ⭐️ ⭐️ ⭐️”
Dental Practice with 14 locations
Healthcare
About:
This successful DSO used Spendly to optimize costs across their 14 locations. For insurance, Spendly found over 25% in cost reductions across 28 Workers Compensation & ELP and Business Owner’s policies. For benefits, this client was able to reduce cost while maintaining matched coverage and deductibles. Last, for payment processing, they saved 6% in transaction fees with a provider who could offer a seamless back-end integration into their existing practice management software - Open Dental.
Delivered Cost Reductions:
Total Cost Savings
$131,582
Average Cost Reduction
6.81%
Savings Per Employee
$514
Category
Annual Reduction (%)
Annual Savings ($)
Health, Dental & Vision Benefits
5.05%
$61,788
Commercial Insurance
26.2%
$31,937
Payment Processing
6%
$20,005
A Private University
Education
About:
A private university in the midwest with 974 employees and 2K+ students. For payroll, Spendly found a provider that was able to integrate into their existing HR software but significantly reduce payroll cost. For commercial insurance, Spendly analyzed 100+ policies and found cost reductions ranging from 5-51% with equal coverage to current policies.
Delivered Cost Reductions:
Total Cost Savings
$392,489
Average Cost Reduction
37.7%
Savings Per Employee
$403
Category
Annual Reduction (%)
Annual Savings ($)
Payroll
57.4%
$294,943
Commercial Insurance
12.1%
$97,546
World Renowned Golf Resort
Hospitality
About:
A picturesque golf resort in the Carolinas with 1,790 employees. All four new payroll offers found through Spendly includes comparable HR and HCM tools utilized with their current payroll provider. Across the four offers, annual cost reductions found ranged from 23.4 to 43.3%. Additionally, the below three year savings projections account for Y1 provider implementation costs.
Delivered Cost Reductions:
Total Cost Savings
$156,127
Average Cost Reduction
43.3%
Savings Per Employee
$87
Category
Annual Reduction (%)
Annual Savings ($)
Payroll
43.3%
$156,127
Three Year Savings Projections:
Dental Practice with 8 Locations in the Southeast
Healthcare
About:
A multi-unit dental practice with 8 locations and growing. Their cost reduction priority was payment processing as they had a relatively high effective rate of 4.45%. Spendly found them a much more favorable 2.8% effective rate from a provider who could seamlessly integrate into their existing practice management software - Rectangle Health.
Delivered Cost Reductions:
Total Cost Savings
$127,961
Average Cost Reduction
26.5%
Savings Per Employee
$1,390
Category
Annual Reduction (%)
Annual Savings ($)
Payment Processing
37.1%
$90,750
Health Benefits
9.42%
$33,774
Workers Compensation
33.12%
$3,437
Client Testimonial:
“Our experience has been nothing but outstanding working with (Matthew) Spendly. We have been impressed by the savings they have been able to obtain on our behalf within multiple expense categories of our company. We highly recommend Spendly to anyone looking for cost savings in there company. ⭐️ ⭐️ ⭐️ ⭐️ ⭐️”
Dental Practice with 14 locations
Healthcare
About:
This successful DSO used Spendly to optimize costs across their 14 locations. For insurance, Spendly found over 25% in cost reductions across 28 Workers Compensation & ELP and Business Owner’s policies. For benefits, this client was able to reduce cost while maintaining matched coverage and deductibles. Last, for payment processing, they saved 6% in transaction fees with a provider who could offer a seamless back-end integration into their existing practice management software - Open Dental.
Delivered Cost Reductions:
Total Cost Savings
$131,582
Average Cost Reduction
6.81%
Savings Per Employee
$514
Category
Annual Reduction (%)
Annual Savings ($)
Health Benefits
5.05%
$61,788
Commercial Insurance
26.2%
$31,937
Payment Processing
6%
$20,005
A Private University
Education
About:
A private university in the midwest with 974 employees and 2K+ students. For payroll, Spendly found a provider that was able to integrate into existing HR software but significantly reduce payroll cost. For commercial insurance, Spendly analyzed 100+ policies and found cost reductions ranging from 5-51% with equal coverage to current policies.
Delivered Cost Reductions:
Total Cost Savings
$392,489
Average Cost Reduction
37.7%
Savings Per Employee
$403
Category
Annual Reduction (%)
Annual Savings ($)
Payroll
57.4%
$294,943
Commercial Insurance
12.1%
$97,546
World Renowned Golf Resort
Hospitality
About:
A picturesque golf resort in the Carolinas with 1,790 employees. All four new payroll offers found through Spendly includes comparable HR and HCM tools utilized with their current payroll provider. Across the four offers, annual cost reductions found ranged from 23.4 to 43.3%. Additionally, the below three year savings projections account for Y1 provider implementation costs.
