In today’s competitive property management landscape, finding ways to maximize cost savings is crucial for condominium corporations. At Andrejs Management Inc., we understand the importance of financial efficiency and have implemented various strategies to benefit our clients. By leveraging our extensive network and expertise, we have secured volume discounts, streamlined payment processes, and negotiated advantageous contracts. These initiatives not only help reduce expenses but also contribute to the overall financial well-being of the condominiums we manage.
Volume Discounts on H.V.A.C. and Fire Inspection Contracts:
Through our extensive portfolio of H.V.A.C. and fire inspection contracts, Andrejs Management Inc. has established strong relationships with suppliers. Leveraging the volume of our business, we are able to negotiate discounts ranging from 2% to 10% off the invoices or secure refunds from the suppliers. These discounts are directly passed on to our clients, allowing them to benefit from cost savings while ensuring the safety and compliance of their buildings.
Competitive Gas Pricing:
As your trusted agent, Andrejs Management Inc. acts on your behalf and, through our broker, purchases and sells gas at competitive prices. We closely monitor market conditions and leverage our industry knowledge to secure favorable rates. By accessing competitive gas pricing, we help minimize utility costs for our clients, contributing to their financial stability.
Convenient Pre-Authorized Payment Program:
To simplify payment processes and provide added convenience to unit owners, Andrejs Management Inc. offers a Pre-Authorized Payment Program. Through our online integration with the Bank of Nova Scotia and The Royal Bank, we streamline payment transactions by directly downloading information from our computer system to the banks. Moreover, we provide this service at discounted rates, further enhancing cost savings for unit owners.
Volume Discounts on Elevator Maintenance:
Given the significant number of elevator cars managed by Andrejs, we have been able to negotiate substantial volume discounts ranging from 10% to 15%. By leveraging our strong relationships with elevator maintenance providers, we pass on these savings to our clients, ensuring optimal elevator performance while reducing maintenance costs.
Group Benefit Program for Employees:
At Andrejs Management Inc., we believe in taking care of our clients’ employees as well. Through our Group Benefit Program, we offer access to comprehensive coverage at large group rates. By pooling resources and negotiating favorable terms, we can provide valuable benefits to employees while keeping costs manageable.
Cost-Effective Lighting Supplies:
To ensure competitive pricing on lighting supplies, Andrejs Management Inc. directly purchases from a major supplier. Through a special contract negotiation, we have secured advantageous pricing, allowing us to pass on the savings to our clients. By sourcing quality lighting supplies at reduced costs, we help optimize operational expenses while maintaining a well-lit and inviting environment.
Efficient Payroll Processing:
Andrejs Management Inc. streamlines payroll processing through our partnership with a major Payroll Service. By handling all data input, we achieve significant savings in payroll cheque processing charges. This consolidated approach not only saves costs but also ensures accurate and timely payment for all building employees.
Interest-Bearing Operating Accounts:
To further enhance financial benefits, each Corporation’s Operating Account managed by Andrejs Management Inc. receives interest below the Prime Rate on the average daily balance. This allows our clients to earn passive income while enjoying the convenience of no service charges on their accounts. We prioritize financial optimization and provide our clients with an added advantage through favorable interest rates.
At Andrejs Management Inc., we are committed to delivering comprehensive property management solutions that go beyond standard services. Through our strategic initiatives, such as volume discounts, competitive pricing, streamlined payment processes, and advantageous contracts, we unlock cost-saving opportunities for our clients. With our expertise and dedication to financial efficiency, we help condominium corporations achieve sustainable financial health while maintaining the highest standard of service. Choose Andrejs Management Inc. as your trusted partner and experience the benefits of our proactive approach to cost optimization in property management, Contact us today.