the amount the analysis netted in each of the years that he
was in charge of the analysis; while at the same time our payback
% remained the same. Jose always followed our analysis guidelines
and did a very good job negotiating paybacks to vendors." Read more
Recently, a Southern California maker of dietary supplements issued a nationwide recall of a fiber supplement due to contamination concerns. The product lot in question was sold through Amazon and consumers are being urged to return the supplement for a full refund. The company recall notice, posted by the U.S. Food & Drug Administration (FDA), states the product is being recalled, “…because it may be contaminated with Salmonella, an organism which can cause serious and sometimes fatal i...
U.S. stocks climbed Thursday as Facebook led a rally by technology companies. Most of the market moved higher as interest rates declined from the four-year highs reached over the last few days.
As a financial
officer, one of your primary focuses is to increase cash flows
for your company. Yet, you know that not all cash flow increases
are simply the result of increasing your gross margins or decreasing
expenses. In fact, profits and cash flows are actually lost
in the processing of daily business transactions. Your people,
processes and systems are efficient in collecting over 99.9%
of the cash due to your company… our business is to identify
and recover those small fractions of a dollar that would otherwise
be lost forever. On average, for each billion dollars in revenues,
you can expect to recover a minimum of $1 Million (i.e., .1%)
in profits that will be added directly to your bottom line.
management and reporting services extend above and beyond analysis
recovery and can include the various areas within your daily
operating systems. In many cases, the identification of system
improvements that are revealed during the analysis is more valuable
than the dollars recovered. This, combined with the competitive
marketplace that your business operates in daily, makes ‘Recovery
analysis’ an essential ‘Best Business Practice’.
The GALOSI team consists of experienced analysisors and IT professionals,
each in the analysis industry for 10 years or more. With this experience,
we develop unique, customizable software that outshines the “cookie
cutter” methods of our competitors. Our software allows us
to design programs based on your processes. We uncover the root
causes of payment errors in your accounts payable, vendor funding
and merchandising departments and deliver hard evidence to support
the recovery of all vendor claims.
Our client base includes companies in the retail, grocery, distribution
and services based industries. We are partnered with large U.S.
companies, U.S. companies with operations in Mexico and large Mexican
companies with sales exceeding $10 billion. Our track record as
the primary recovery analysis provider for 7-Eleven, Inc. (since 2001)
and CompUSA (since 2003) is proof that, given the opportunity,
we deliver impressive financial results.
The vendor communities that review our analysis findings value the
integrity, quality and simplicity of our claims and respect our
willingness to resolve issues in a fair and equitable manner. Our
main focus is to establish trust with our clients and their vendors.
We achieve this with a commitment to operate as an extension of
our clients. To our clients, this is just as important as the financial
results we deliver.
I look forward to the opportunity of visiting with you personally
and exploring the possibility of becoming one of your service partners.