This document provides information about a company that helps higher education institutions reduce expenses on equipment service contracts. It summarizes that most schools overpay for such contracts by 10-30% and the company's consultative process identifies current contract costs and terms to capture significant savings. The initial study to analyze contracts is provided at no cost. Major universities that have worked with the company are listed. Key services outlined include recommending how to achieve guaranteed savings, inventorying equipment, a repair call center, vendor selection assistance, payment processing, and reporting tools.
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Executive Summary - Higher Ed
1. 500 Elm Grove Road, Suite 101
Elm Grove, WI 53122
800-236-6866 toll-free
262-754-9391 fax
Other Locations:
GRAND FORKS, ND
HIGHER EDUCATION MADISON, WI
WAUSAU, WI
Expense management and strategic sourcing have never been more important than in today’s challenging economic
environment. An often overlooked expense category is equipment service contracts. Most institutions have a multitude
of agreements with varying expiration dates, vendors, terms & conditions, and coverage parameters. Our experience,
spanning over twenty years, tells us that schools are routinely over-spending by 10% to 30% on virtually all OEM and
ISO service agreements.
We are addressing this problem and opportunity head on. Our consultative approach coupled with the underwriting
and management expertise of this industry's founder and leader, Specialty Underwriters, will demonstrate to you what
agreements can be easily and effectively consolidated and allow you to capture significant savings to your institutions
bottom line.
Our benchmarking process will identify your current costs, vendor relationships, coverage terms, location and/ or PI in
charge of the equipment, etc… This Initial Study of your agreements is performed at no cost or obligation on your
part. We are confident in our ability to perform and will demonstrate why other schools such as Tufts, University of
Wisconsin, Northwestern, Harvard University, University of Iowa, University of Pittsburgh and many other major
universities and research institutions have embraced this proven program.
Summary of Services Typical Equipment Reviewed
in the Initial Study (sample)
Initial Study: to Determine and Confirm Overall Savings Targets
Recommendations: a Clear Path That Will Demonstrate How to Capture Alarm & Security Systems
the Guaranteed Savings Communication Systems
Inventory: Equipment is Inventoried and Appropriate Department Copiers & Multifunction Devices
Personnel are Visited and Informed of the Program Data Processing Equipment
Repair Process: a Toll-Free Call Center For All Equipment in the Lab & Research
autoclaves, cell savers, cell washers,
Program - One Phone # for Service Regardless of Equipment Type or centrifuges, chemistry analyzers,
Vendor chromatography, densitometers, DNA
analyzers, electron microscopes,
Vendor Selection: Remains With the Department. Most Institutions Select gamma counters, hematology analyzers,
to Continue With the Same Vendor. The Choice is Yours immunoassay analyzers, microscopes,
spectrophotometers, tissue analyzers
Vendor Payments: Vendor Payments Are Made on Your Behalf Allowing and more……….
You to Outsource This Timely & Costly Process Mail Machines
Reporting: Web Enabled Reports Brings Information Right to Your Office Equipment
Desktop. View Inventories by Lab, Building, Floor, Department, Patient Care Equipment
etc... ,Vendor Payment Histories and High Frequency Reports That
Veterinary Hospitals & Equipment
Pinpoints Equipment That is Failing Often and Why
SERVING HIGHER ED INSTITUTIONS NATIONWIDE