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Exciting News: We Just Got Even Better!

by | Oct 27, 2020 | CCA News, Cut Utility Costs & More, Industry News, Utility Expense Management

On September 22, 2020, Cost Control Associates merged with SIB Fixed Cost Reduction. You gain the collective power of two great companies whose mission is to provide great service as we lower your overhead costs and boost your profitability.

Cost Control Associates has partnered with SIB Fixed Cost Reduction for several years, and the two companies share many similarities. While Cost Control specializes in energy, waste removal and telecom, SIB reduces expenses in dozens of additional spend areas.

Everything you know and love about Cost Control Associates remains the same. Our dedicated team of analysts is still in place and looks forward to supporting you in all your cost-saving efforts. By bringing the companies together, we continue to create efficiencies for our clients while significantly reducing overhead costs in more areas of fixed expense.

SIB has many years of experience analyzing operational costs for a variety of industries and cost categories such as bank fees, commercial insurance and benefits, maintenance contracts, payroll processing, shipping and many more. [Check out this list!] Similar to Cost Control Associates’ Cost Recovery & Reduction program, SIB focuses on analyzing your invoices and finding you the best rates with your current vendors and service levels. They identify billing errors, ensure contract compliance and negotiate best-in-class pricing. SIB operates on a contingency model, only sharing in a portion of the savings they achieve for their clients.

CCA complements these services, helping companies reduce and better manage utility expenses for energy, waste removal, telecom and cellular. Our utility expense management services include utility invoice reviews, utility bill processing and payment, analysis and review of utility data, energy procurement and other services.

Words from the Top

Blog | CCA-SIB Merger | Cost Control Associates“We’ve partnered with the team at Cost Control Associates for several years in order to provide our clients with the most competitive rates and services for their utility spend,” said Kevin Flounders, president of SIB Fixed Cost Reduction. “Bringing CCA into the SIB family was a natural next step in our growth strategy as we expand both organically and through mergers and acquisitions.”

SIB and CCA will continue to operate independently in the short term, each with an expanded service offering that will benefit their respective client bases. Flounders leads the combined companies as CEO of SIB. Keith Laake, founder of Cost Control Associates, has stepped into a business development position as he plans for retirement and the next chapter of his life.Blog | CCA-SIB Merger | Cost Control Associates

“I spent almost 30 years making Cost Control Associates what it is today,” said Laake. “Merging with SIB allows us to do even more for our clients while also expanding SIB’s client offerings. This is a positive move for Cost Control Associates, and I feel good about our combined teams doing great things together.”

About SIB Fixed Cost Reduction

SIB Fixed Cost Reduction specializes in reducing monthly expenses for companies. SIB only shares in the savings they find and only after clients realize the savings. SIB has analyzed over $3B in spend across more than 70,000 locations nationwide. This expertise across a variety of industries and audit categories allows SIB to effectively rectify billing errors and negotiate lower pricing for our clients without changing vendors or service levels across dozens of spend categories, including telecom, utilities, waste removal, bank fees, maintenance contracts, property tax, commercial insurance and more. For more information about SIB, visit www.aboutsib.com.

About Cost Control Associates

Cost Control Associates is a national leader in utility expense management. The firm specializes in helping businesses and other organizations reduce and better manage their utility costs for energy, waste removal and telecom. Founded by President Keith Laake in 1991, the company offers a variety of innovative services including cost recovery and reduction, energy procurement, invoice processing and payment, and budgeting and forecasting. Cost Control Associates operates independently and provides unbiased consultation and advice that have saved millions of dollars for its client businesses, organizations, school districts and government entities. For more information about Cost Control Associates, visit costcontrolassociates.com.


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