Billcutterz.com
Billcutterz.com is a type of website which cuts or saves Money for customers from bills or cut the bill into half which helps the three parties (customers, utility company and the billcutterz company itself) to earn and save more money.
The parties who are involved in the profit are:
Billcutterz profit is taken from the saved amount of the customers.(1/4)
Customers profits from the saved money in the bill.
Utility company takes profit from customers.
Services offered by billcutterz are:
Analyze your bills for potential savings
Call your service providers on your behalf
Negotiate the best rates possible on your bills
Barry gross is the founder and president of billcutterz.com Billcutterz.com was launched in May 2009 when Barry gross decided to pursue a business opportunity presented to him by a close friend. BillCutterz has been helping people save money on
…show more content…
Typically, service providers would agree to the discount for one year and require a new negotiation at the end of the agreement period. The savings would appear on the customers’ regular bills from their service providers. Then this company invoiced the customer for one-half of the savings approximately 7 to 10 days after service provider bills were made available. Customers could pay BillCutterz.com the fee in monthly installments or in one-time, pay-in-full, lump-sum payment that included a 10 percent discount. BillCutterz.com contacted customers during the end of their discount period to determine whether they wished to have their bills renegotiated for another year.
This company was effective in convincing customer’s retention personal to accept his proposed terms. He honed his negotiating techniques over time to ensure that billcutterz.com used the best possible leverage points with service providers to achieve large
The purpose of this memorandum is to list that key procedures have been performed, integrities have been compromised, and professional standards were applied through the confirmation process. Positive confirmations send to and received by Simply Soups Inc. on November 2, 2015. These positive confirmations provide evidence to us when response is obtained from the recipient. The purpose of applying positive confirmation in this case is that contacting third party directly helps us to access outside party records
At [company name], customer satisfaction is something that we take very seriously and would never compromise under any circumstances. Unfortunately, sometimes unavoidable mistakes happen. In such rare cases, a satisfactory solution is always in place and preventable measures are introduced.
Spokane Industries has contracted Franklin Electronics for an 18 month product development contract. Franklin Electronics is new to using project management methodologies and has not been exposed to earned value management methodologies. Even though Franklin and Spokane have worked together in the past, they have mainly used fixed-price contracts with little to no stipulations. For this project, Spokane Industries is requiring Franklin Electronics to use formalized project management methodologies, earned value cost schedules, and schedules for reports and meetings. Since Franklin Electronics had no experience with earned value management, the cost accounting group was trained in the methodology in order to bid for the project.
In an increasingly competitive market, FastCat is struggling to position itself in the wake of tremendous growth in the medical software industry. In order to increase profitability, reaffirm commitment of our employees, and maintain our status as a leader for small-medium size medical companies, a change is needed to remain competitive and innovative. While our products maintain a unique niche in the market, there are some questions as to whether our products will remain the most relevant in the future. We must expand our market to include new customers across the country, as well as new categories of medical providers, while maintaining hold of our current customers that may be in danger of being consumed by larger hospitals. In order to remain relevant in the market, we must find new ways to decrease cost to our customers while increasing value. This is also an exciting time in the software industry - huge growth is upon us, and we must be able to maintain a competitive advantage with our top-notch employees, so we must ensure their commitment to continue to work for us. Lastly, a large expense at this point is an issue with some of our service contracts - we have some customers that require more of our time and resources than is worth what we collect as revenue.
Leverage can be achieved through numbers, competition, and quality of care. Jamie Oh (2010) lists the following strategies that physicians and hospitals can use to effectively negotiate future service-delivery contracts:
In week 2, I will be discussing a table showing the contracted payer, contracted rate, and contractual allowance. I will show the table below with and discuss how on could increase or decrease revenue in this system. Lastly, I will then describe how I could increase revenue or realize loss in this system. My conclusion will be an overview of my findings and what is importance.
Zupko, K.A. (1995). Hiring a billing service that won't be a headache. Medical Economics 72(12), 41. Retrieved from http://www.questia.com/read/5035765559?title=Hiring%20a%20Billing%20Service%20That%20Won't%20Be%20a%20Headache
In school, a Seattle computer company offered the students computer time, and Bill spent most of his time on computers, as that was his main interest. At the age of 15, Bill went into business with his friend, Paul Allen. They developed a computer program that monitored traffic patterns in Seattle. According to biography.com, they netted $20,000 for their efforts. While both in college,
Watson, H., & Volonino, L. (2007, October 07). Harrahs pay off from customer information. Retrieved from www.terry.uga.edu/~hwatson/Harrahs.doc
Companies that build relationships with their leads over time have the greatest success in turning leads into customers by staying top-of-mind until the lead is ready to buy.
BillCutterz.com came into existences at the encouragement of a friend Mindy Niles, who recognized Barry Gross negotiating skills when he was able to reduce her cable bill by 50 percent. She suggested that he should turn his skill into a business. It was from this idea that BillCutterz.com was founded in May 2009 by Barry Gross.
Cespedes, F., & Nunes, P. (2003). The Customer Has Escaped. Harvard Business Review. Volume 81 Issue 11, p 96-105.
A graph of your bills helps you to decide which ones need to be paid and when.
Dwolla has made quite a few waves in the credit card industry. People in the credit card processing industry and have been standing up and paying attention. Dwolla is offering low-risk payment alternatives to merchants, and they are offering it for free. The only drawback is that the merchant and the customer need to have a Dwolla