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Written by / Agency / Source: Spend Management Partners (SMP)

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Spend Management Partners Expands Spend Optimization Categories to Include Retirement Benefits - SMP announced today the formation of its Retirement Benefit Practice Group to add to its’ 14 unique indirect spend optimization categories - SpendManagementPartners.com
Spend Management Partners Expands Spend Optimization Categories to Include Retirement Benefits

 

NewswireToday - /newswire/ - Batesville, IN, United States, 2012/02/07 - SMP announced today the formation of its Retirement Benefit Practice Group to add to its’ 14 unique indirect spend optimization categories - SpendManagementPartners.com.

   
 
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Edward G. Siddell, Practice Leader, joins SMP after 25 years in the Retirement Benefits industry. His tenure compliments SMP’s reputation of a Practice Leader roster of the best and brightest in market.

Tom Glaser, Managing Partner, comments,“What companies are charged by Retirement Benefit providers is all over the map. SMP’s purpose is to uncover opportunities in spend categories characterized by inefficient price/cost structures. In this category, like all categories, we review and analyze companies’ current provider relationship versus competitors and best in market, then validate and co-pilot implementation of adjustments.”

Ed Siddell, Practice Leader, says,“Our work in this area is supported by the US Labor Departments interest in plan administrators and investment companies to disclose the cost of 401K plans. The fee disclosure regulations may very well turn out to be the most important change in the history of the 401K plan.”

About SMP

SMP (spendmanagementpartners.com) drives cash flow and cash flow productivity for clients by optimizing service and supplier relationships within Core Services and Corporate Services areas of indirect cost. Spend Management represents clients in the Services, Manufacturing, Healthcare, Financial, Banking, Real Estate, Consumer Products, Education and Non-Profit Industries.

Spend Management Partners is leading the next generation in service and supplier centric displine. From whom do you buy? What do you buy and why? What are you paying and TCO? What are you getting? How do you manage contracts?

 
 
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Written by / Agency / Source: Spend Management Partners (SMP)

 
 

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Spend Management Partners Expands Spend Optimization Categories to Include Retirement Benefits

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Publisher Contact: Jill Clift - SpendManagementPartners.com 
812-932-6220 jclift[.]spendmanagementpartners.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Spend Management Partners (SMP) securities in any jurisdiction including any other companies listed or named in this release.

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