Scott Associates - Shared Savings

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SHARED SAVINGS...HOW IT WORKS

Example: Scott Associates discovers that Bell South is charging $100 per month for a business line which should cost $50 per month. Scott Associates has the rate corrected, saving $50 per month.

Without Scott Associates

With Scott Associates

Year 1

Incorrect charges continue:

($1200)

Corrected annual cost:	($600)
Our shared savings fee:	($300)

Year 2

Incorrect charges continue:

($1200)

Corrected annual cost:	($600)
Our shared savings fee:	($300)

Year 3

Incorrect charges continue:

($1200)

Corrected annual cost:

($600)

Year 4

Incorrect charges continue:

($1200)

Corrected annual cost:

($600)

Year 5

Incorrect charges continue:

($1200)

Corrected annual cost:

($600)

Without Scott Associates
CLIENT'S 5 YEAR COST:

($6000)

With Scott Associates
CLIENT'S 5 YEAR COST:

$3600

Scott Associates invoices its clients for savings ONLY when documentation becomes available that the cost reduction has appeared on the client’s bill. Client may then pay in equal payments the 24 month savings amount at their option, every 4 months, every 6 months, every 12 months, or in one payment within 30 days. Cash discounts as much as 10%, allowed based on payment option selected.