The Basic Model
The consultant’s fee is typically tied to a portion of documented savings they help achieve. This can reduce upfront expense but requires clear definitions and measurement.
How Savings May Be Calculated
Savings may be calculated by comparing current costs with lower rates, credits or more efficient terms after implementation.
What the Review Usually Involves
A review can include invoices, contracts, provider negotiations and implementation support across selected categories.
Contract Terms to Examine
Review the savings definition, fee percentage, fee period, payment timing, minimums, exclusions and dispute process.
Preserve Control and Service Quality
You should approve provider changes and remain informed throughout the process.
Questions to Ask Before Signing
Ask how savings are verified, which costs are included, how long fees apply and what documentation you receive.
