Once your agency has committed to conducting a thorough audit of its expenses, the next step is to identify all your vendors and list them on the excel sheet provided. Your expense-identification champion should also be provided with a list of all SaaS subscriptions.
“The person in your team who is completing this needs to reach out to the business owner of each expense to gain an understanding of what it is, what value it’s bringing to the table, and whether the service is being used effectively,” Yeomans says.