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SIB Fixed Cost Reduction
SIB Fixed Cost Reduction offers cost reduction and spend management services to mid-market to large global enterprises and private equity firms.
SIB Fixed Cost Reduction
SIB Fixed Cost Reduction offers cost reduction and spend management services to mid-market to large global enterprises and private equity firms. The company provides services such as benchmarking, invoice audit and analysis, vendor negotiation and management, business process outsourcing, and contract compliance. SIB was founded in 2008 and is headquartered in Charleston, South Carolina.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Charleston
Corporate office
Charleston, SC, United States
Frequently asked questions
How does SIB Fixed Cost Reduction charge for its services?
SIB operates on a pure contingent-fee basis with no upfront retainers, no hourly billing, and no project fees. The firm collects a negotiated percentage of the actual savings or refunds it recovers on behalf of the client. If the audit produces no documented savings, the client pays nothing. This gain-share structure is the core of the firm's client-acquisition model and risk-alignment promise.
What expense categories does SIB typically audit?
SIB focuses on recurring, high-volume vendor payables where billing complexity creates predictable error rates: electricity, natural gas, water, sewer, solid-waste hauling, recycling, and telecommunications. The firm does not typically engage on one-off capital expenditures or non-recurring vendor contracts. Its forensic methodology targets tariff misclassifications, tax-code errors on exempt services, incorrect meter-read multipliers, and unclaimed rebate credits.
Is SIB Fixed Cost Reduction a family office or an investment firm?
No. SIB is a professional-services firm that performs cost-recovery audits. It does not manage investment capital, does not take equity positions in client companies, and does not function as an asset manager, family office, or private equity fund. Its client relationships are transactional audit engagements, not investment partnerships.
What is the typical lookback period for a recovery audit by SIB?
SIB's audits typically span a multi-year historical window, often covering the full statute-of-limitations period that utility and telecom carriers are required to honor for billing corrections. This lookback period varies by jurisdiction and vendor type but frequently extends to 36 months or longer. Capturing these historical refunds is a material component of the total savings yield on an engagement.
Where does SIB Fixed Cost Reduction operate geographically?
The firm is headquartered in Charleston, South Carolina, and its historical footprint is concentrated in the southeastern United States. However, because utility and telecom tariff analysis is jurisdictionally portable, the firm can accept engagements in any US state where its forensic audit methodology applies to the local regulatory and tax framework.
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