- Dave Johnson
former VP Purchasing
Restaurants Unlimited, Inc
FSIC's IntelliSpend solution provides a sophisticated reporting tool that produces actionable information to help you control costs.
If you want to actively manage your costs, need access to actionable data, or you need help finding the rebates and restitution/overcharges you are owed, FSIC has a variety of foodservice purchasing support solutions. These solutions are tailored to fit your specific business needs, allowing you to effectively manage your business and deliver results to your bottom line.
Our FSIC IntelliSpend solutions:
Monitors and manages pricing across units, distributors, manufacturers, categories and products, at invoice level and at line item detail.
Drills down to item level detail, across distributors, to uncover the errors that are simply inherent in the foodservice industry. IntelliSpend monitors operator costs, system wide, to ensure accuracy and consistency.
No longer do you have to wonder if your contracted items are charged correctly. Our Contract Management module manages contract line item detail across distributors and ensures your company receives the correct pricing that was negotiated with the manufacturer. And, if there are any overcharges uncovered, detailed reports help to expedite your claims for reimbursement and restitution.
Our Rebate Management module provides robust, actionable data, allowing your busy purchasing executives to focus on the day to day operations of the business and not micro-managing manufacturer rebates or spending hours trying to recap purchases to claim the monies earned. And, at your request, FSIC will track, bill and collect rebates on your behalf. Nothing falls through the cracks.
Our Price Verification service combines in-depth analysis from IntelliSpend to identify which products should be audited, along with knowledgeable and experienced foodservice auditors to perform the actual review on your behalf. You will receive a full report with a summary of each item, prices charged and recommendations for follow up and restitution claims.
Whether you are negotiating your first distribution or manufacturer purchasing contract or you already have them in place, FSIC is there to support you. Our team has over 45 years of purchasing expertise and we know how to negotiate the best deal possible for your company. We are available to represent your company in discussions with distributors and manufacturers, or we can remain in the background to coach your team on how to negotiate the best contract.
As an FSIC client, you have years of negotiation experice available to you to review and flush out any and all contract language that can cost your company hundreds of thousands of dollars
Audit your Suppliers
Fewer than 10% of chains we surveyed ever execute their supplier auditing rights. With limited resources to monitor and track price changes, rebate programs or deviated pricing contracts, most chains simply don’t have time to conduct a review of suppliers. FSIC can help you access all of the rebate money you are owed.
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