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Cost Optimization & Recovery Services

Ellevate Stop the Leaks

Cost Optimization

Stop the leaks. Fuel the growth.

We help you recover lost dollars, reduce operating expenses, cost of goods sold, and unlock cash flow - all with fixed fee transparency

See How We Deliver

Who's It For

Our Cost Optimization services are designed for leaders under pressure to reduce costs without slowing growth. We partner with CFOs navigating inflation, commodity volatility, and margin erosion to uncover sustainable savings. For Oil & Gas companies, we bring deep expertise in vendor contract, joint venture, and ad valorem audits. And for Private Equity-backed businesses, we help drive efficiency and strengthen earnings before interest, taxes, depreciation, and amortization through data-driven, strategic cost management.

Problems We Solve

• Accounts payable inefficiencies —duplicate/overpayments slipping through  
• Joint Venture (JV) disputes — partner charges not validated, recoveries left on the table
 
• Ad Valorem tax overpayments — assessments not reconciled with production/revenue
 
• Rising Operating Expenses and Lease Operating Expense Costs without visibility
 
• Margin erosion from inflation & uncontrolled spend
 
• Working capital trapped in slow Accounts Payable and Accounts Receivable cycles

Our Services

Cost Optimization & Recovery Services

Vendor & Contract Optimization

Review agreements, ensure discounts applied, renegotiate rates, enforce terms, and detect duplicate/overpayments

Joint Venture Audits (Oil & Gas)

Validate partner charges, recover disputed costs, strengthen joint venture governance

Ad Valorem Audits (Oil & Gas)

Property tax reviews, reconciliations, recoveries, and compliance improvements

Operational Cost Optimization

Operating Expenses and lease operating expense benchmarking, supply chain efficiency, procurement redesign

Working Capital Improvement

Optimize Accounts Payable terms, accelerate Accounts Receivable collections, improve cash forecasting. 

Sustainable Cost Discipline

Policies, dashboards, and key performance indicators to keep costs in check. 

Outcomes You Can Count On

$15M+

in recoveries delivered to clients

10-15%

vendor savings through contract optimization and renegotiations

$9M+

recovered in joint venture audits by resolving partner disputes

$7M

Ad Valorem (ADV) recoveries reducing tax burdens and freeing cash

10%+

operating expense cost reduction in targeted categories

10-20%

stronger earnings before interest, taxes, depreciation, and amortization (EBITDA) results

How We Deliver: The Ellevate Method

We partner with leadership to identify cost savings and protect margins by uncovering inefficiencies across accounts payable, joint venture accounting, tax assessments, and operating expenses. We deliver quick wins while building durable financial controls that drive measurable savings and sustain long-term performance.

Engagement Models

ES-icon-Black Recovery Engagements

contingency or fixed-fee based on dollars found

ES-icon-Black Optimization Projects

defined scope (6–12 weeks)

ES-icon-Black Ongoing Discipline

quarterly reviews to keep costs tight

Our results speak for themselves. Vendor contract audits captured missed discounts and secured lower terms through strategic renegotiations. Joint venture audits recovered millions in disputed costs, while ad valorem audits reduced property tax overpayments and strengthened compliance. Through lease operating expense benchmarking, we helped operators lower per-well costs by double digits, and our supply chain redesigns delivered up to 15% savings across key categories.

Frequently Asked Questions

Do you perform specialized Oil & Gas audits?

Yes. We conduct vendor contract audits, joint venture audits, and ad valorem audits — all tailored to Oil & Gas operations and cost structures

Do you only work in Oil & Gas?

No. We apply cost optimization across industries but bring deep energy sector expertise

How are recoveries measured?

We validate dollars found and track realized cash impact, not just paper savings

Do you require long-term commitments?

No. We scope projects flexibly — recovery, optimization, or ongoing support

Ready to recover what's yours?

Stop the leaks. Optimize Spend. Protect margin.