Value Engineering: Cost savings for Alabama associations

Providing cost savings solutions to Alabama communities and buildings through Value Engineering

One value-added initiative that truly sets FirstService Residential apart in Alabama is our innovative Value Engineering™ program, a unique cost-cutting service that only our company offers. Provided to buildings and communities throughout Mobile, Birmingham, Huntsville, Orange Beach, and beyond, this unique program is so valuable to our Alabama properties that we offer it to you as part of our standard full-service solution.

Value Engineering is designed to lower your Alabama association’s costs, improve the overall performance of your operations and significantly impact your bottom line. Our highly trained Value Engineers will conduct a line-by-line review of your financials, vendor contracts, utilities and operations to identify areas where you can receive better pricing and service from your third-party suppliers. Their goal is to unearth ways to dramatically reduce your costs, improve service and discover what is working well, and more importantly, what is not.

Armed with this knowledge, our local experts can leverage our strong relationships and purchasing power with banks, utilities and vendors in Alabama to reduce your current costs and improve the quality of your current services. If you’re overpaying a vendor, we’ll find you a lower price. If you’re not earning the highest possible interest on your accounts, we’ll secure the best rates. We want to make a difference by making sure that you receive the highest quality, and lowest price, for every third-party service your community receives. And as the Alabama property management leader, we are the only company in Alabama with the expertise and resources to offer you this exclusive personalized service.
 

Our Value Engineering services include:

• Benchmarking
   
• Preferred banking
   
• Leveraged buying
   
• Insurance review by our affiliate
   
• Supplier/contract audits
   
• Utility audits
   
• Forecasting cash flow

Cost savings for your Alabama property

By leveraging our proprietary Value Engineering™ program, your Alabama association gains a powerful advantage in optimizing financial performance and operational efficiency. This exclusive service provides a clear path to significant cost reductions and improved service quality by meticulously reviewing your community's expenditures. Our commitment to this process delivers tangible savings and enhances the overall financial health of properties we manage throughout Alabama, from Birmingham to the Gulf Shores.

Are you interested in cost-cutting for your Alabama association? For more information about our proprietary Value Engineering program or any of our many unique services, please contact FirstService Residential in Alabama.