Every business generates a different type of waste depending on its activities. For example, a grocery store, a restaurant, or any other business will generate different waste types. Most businesses overlook opportunities for waste reduction. They also ignore the waste costs and fail to understand they might toss their savings into the trash.
Since most businesses overlook waste management and costs, trash vendors seize the opportunity of overcharging their clients knowingly or unknowingly. A waste removal auditor can conduct audits of your waste management and uncover hidden savings. Here are some ways in which waste auditors can save your management costs.
Billing Audits
The waste auditor can conduct billing audits of all major service providers, including your local service providers. He can review your invoices each month and compare the invoice rates with contract rates. The waste editor uses advanced auditing methods to save your time, money, and waste removal costs in the long run. The auditing of the invoices can help find the following things.
- Incorrect charges
- Wrong service billed
- Container removals
- Invalid extra pickups
- Late fees
- Charges that are not mentioned in the contract
- New fees
A waste removal auditor studies your business and its unique waste environment. If the waste auditor finds any extra charges or incorrect fees, they will dispute it with the waste removal company on your behalf. Businesses can find it difficult when they handle such disputes on their own. Such dispute redressal can be time-consuming and confusing at the same time. The redressal process has endless follow-ups and long wait times.
Waste auditing companies simplify and expedite the billing dispute and save your valuable time and money.
Evaluation of Cost-Effectiveness Line Item Charge
The waste auditor closely analyzes your waste removal invoices and evaluates the truthfulness and cost-effectiveness of every line item charge in the invoice. The auditor will check the vendor contracts closely and ensure every line item charge is levied as per contract rates.
The waste auditing company will evaluate the net cost of each element in your solid waste management system. For example, the auditor will check if the invoice has accurate charges levied for composting, recycling, landfilling, and waste-to-energy.
Detailed Reports of Errors and Overcharges
Waste auditing company provides detailed reports of errors and overcharges in waste management invoices. The report also mentions the areas of savings. It allows your management to fine-tune processes or benchmark operations for minimal waste generation.
Renegotiation of Waste Management Agreements
The waste auditing companies have years of experience in the industry. They have good working relationships with most waste haulers providers in your state. The auditors also know the companies that offer the best rates for different waste management services.
The auditors can suggest you names of new service providers or renegotiate your waste management agreements with your current waste haulers. In both scenarios, your companies will benefit from the best waste management rates that will translate into significant savings.
Improvement of Recycling Programs
Recycling programs convert waste into new objects. The auditor can increase your recycling programs’ effectiveness by reducing the waste generated. By improving recycling programs, the waste auditor will also uncover new revenue streams for your business.
Suggestions on the Right Size of Equipment and Volume Usage
Many businesses completely ignore the right size of equipment in business processes. It is a common practice followed by businesses to use more extensive equipment when smaller equipment can suffice. Businesses fail to understand the importance of the right size of equipment. It can reduce the consumption of materials and also reduce energy bills without hurting operational efficiency.
Similarly, waste auditors can give valuable suggestions on the proper volume usage to reduce waste and improve operational efficiency.
Implement Contract Terms That Benefit Your Business
When renegotiating contracts, the waste auditor will ensure the terms included in the agreement are directed to protect your business interests and not the vendor. The auditor will work on your behalf when drafting and implementing contract terms.
Monitoring of Waste Charges and Recycling Expenses
The auditor will continuously monitor your waste charges and recycling expenses and look for ways to reduce your waste management expenses. Continuous monitoring allows the auditor to check the wasteful expenses and real-time and take steps to reduce these expenses.
To sum up, a waste audit is essential for every business. It tells how your business is operating and whether you are tossing your profits in the trash. Waste auditors can uncover inefficient use of materials and equipment and help you tackle costly wasteful problems.