Can Expense Reduction Analysts change the amount of the Technology Fee?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
ned in Item 11) as part of our evolving System.
In addition to the Technology Fee, we reserve the right to require that you pay us or our designated vendor(s) a fee (which may be collected monthly, quarterly, or annually via automatic EFT withdraws with notice) associated with other technology requirements, including but not limited to maintaining required computer hardware and software, and any other technology used in the operation of your Consulting Business, and such payment shall be made in the manner prescribed by us or the designated vendor(s), as applicable ("Technology Fee"). We reserve the right to change the amount of the Technology Fee or incorporate additional technology fees as changes are made to the System's hardware, software and other computer requirements or as required by the third-party vendor(s) or by any regulatory agency. As of the Issuance Date, the license fees associated are included in the current Technology Fee.
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- SpendVue Fees. SpendVue is proprietary software owned by franchisor and required to be used in all projects. SpendVue assists the presentation of the benefit of franchisee's expense reduction offering to its clients. The charge is currently 1.5% of the Net Cumulative Receipts which sum is paid to Franchisor whenever the client pays the project fees. If the prospective client does not engage franchisee's services, no fees will be charged to franchisee for using SpendVue in the client engagement process. Your SpendVue Fees paid may be reimbursable from your Marketing Fund Contributions. We may develop or substitute other cost intelligence assessment tools and or proprietary products for use in your Consulting Business, including private-label products that bear our Marks. If we update or replace SpendVue you will be required to use and pay fees for any such alternate product(s).
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- Training and Coaching Fee. The initial franchise fee includes initial franchise training for you or your Designated Principal; additional training is available at a separate cost as disclosed.
Source: Item 6 — OTHER FEES (FDD pages 13–19)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, Expense Reduction Analysts retains the right to modify the Technology Fee. Expense Reduction Analysts may also incorporate additional technology fees as changes are made to the System's hardware, software, and other computer requirements, or as required by third-party vendors or any regulatory agency. As of the Issuance Date, the license fees associated are included in the current Technology Fee.
In addition, Expense Reduction Analysts may adjust the Technology Fee annually based on increases in the Consumer Price Index (CPI). This adjustment will always result in an increase, not a decrease, to the fee.
Expense Reduction Analysts also states that the amount of software fees and the manner and timing of payment may change as they update the Computer System as part of their evolving System.