Denver Botanic Gardens (DBG), a nonprofit organization with two locations and more than one million visitors annually, was seeking greater cash flow to provide additional funding to its initiatives. Expense Reduction Analysts (ERA) was tasked with reviewing DBG’s current spend on health insurance and benefits, property & casualty insurance, and office supplies to determine where additional savings could be found.
ERA was able to achieve a large sum of savings for the client, across multiple cost categories. Specifically, a 24% savings was made in the cost categories of Health & Benefits, Insurance, Property & Casualty, and Office Supply.
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“When Expense Reduction Analysts discussed an engagement to recover cash flows from our supply chain, it seemed too good to be true. Two years later, an extra $400,000 in cash flow generated per year is helping the Gardens in a meaningful way.”