The following case studies are genuine unbiased testimonials from typical businesses around the country:
“I can already see the difference. Now I know what to charge based on my actual costs. As an industry, we (veterinarians) do a bad job as business people knowing what to charge for all the other costs. Not only does it tell me what to charge based on the profit I want to achieve, it shows if I have been breaking even on my current charges for services.”
Dr. C, Texas
“I liked the flexibility it gave me setting up my business. It helped me project an income based on certain fees, knowing all costs relate to the bottom line. It also allowed me to easily change prices if necessary and do so without overcharging the client.”
“I know I was losing money before because in my business, I have to be competitive or I lose the business. This software is a great solution for me, it has allowed me to remain competitive by offsetting some of my other prices. I can do this with the assurance of knowing my fee structure is sound and how much profit it will make me.”
“With Profit Solver we’re able to calculate the most optimal fees for each of our services. We’ve been very pleased how simple it is to use and almost all of our staff have been trained on it. We’re currently using the software to learn whether it is more cost effective to conduct our lab work in-house or to send it out. In addition we use the various economic reports available at our staff meetings. We’re able to evaluate our profits and costs on a monthly basis. It’s so helpful to be able to easily review every aspect of your business. We would recommend Profit Solver to any business owner – it will become a great benefit to our bottom line.”
Dr. L, California
I was interested in Profit Solver as I knew I was pulling fee prices out of the air. I wanted a more sound economic approach to calculating a fee for a procedure. It was the first time that I could actually see what my costs were for a given service or what the actual cost is for an employee at our facility.
By using Profit Solver you learn how to account for overhead and hidden costs that you would never think of through your fees. It was an eye-opening experience to see that the way my fees were structured was limiting the potential for our practice to grow and flourish. It allows me to charge a fee that is good for the bottom line, but it also benefits the clients because I can accurately charge a fee that is fair and accurately represents the service rendered. Now I can charge a fee based on sound economic data instead of basing my fees on my professional intuition which may have some very faulty assumptions.
I would wholeheartedly recommend this software to any other veterinarian or small business owner who wants to optimize the growth of their business. I think most small business owners would be surprised what their overhead actually is and would be even more surprised to see that a few tweaks in their fee schedule could make the difference between a failing business and a viable one.
The thing I like best about the software is its ability to show business owners the expenses for each part of their practice – labor, inventory and equipment costs. It is also flexible enough to allow you to figure in the fee costs associated with replacement or upgrade of equipment, salary increases and return on investment.”
“I have been a clinic owner for 17 years. The implementation was easy and the program will give my employees confidence when they present a bill, help my new manager learn the business, improve our standards of care and hopefully make my business more profitable while staying competitive in a small town atmosphere.
I was impressed how much the staff at Fee Technology cared about our financial situation and the time spent with us during our implementation. In addition they understood every aspect of the veterinary business. Many business consultants’ approach is to make the veterinary care better giving them an edge over the competition. This program gives vets the tools to make more money right where they are without having to revamp how things are done. Profit Solver would help all veterinarians make more money right away to the point that I wish I could buy it and install it in the competitors’ offices.
I am encouraged to practice better medicine now I know that I can account for it and will get paid. Thanks Fee Technology for your contributions to the profession and to helping us see what we are worth!”
I have recently bought my own clinic and I bought the software because I am a vet not a businessman and wanted to be sure the charges were fair to the client and also pay the bills at the clinic. The program is very easy and soon I was setting up all the prices in the clinic. Profit Solver has helped me feel confident about my charges. As the typical veterinarian, I tended to undercharge, but once I saw what it cost to run a clinic and perform quality work, I felt good about the prices. Thank you!