Auctioniq Co is a leading technology and services cost reduction company based in Midvale, UT. With over 30 years of experience, they specialize in analyzing non-employee vendor expenses and delivering hard dollar savings to their clients, resulting in an average savings of 44.6% on service expenses. Their innovative processes and refined approach have helped thousands of companies, including Fortune 500 companies, optimize their business and increase profitability.
Utilizing their unique business process, AIQ reviews financial data, identifies potential savings categories, and provides actionable data for clients to select the areas they want AIQ to work on. With a fully managed process, AIQ ensures that implemented contracts between clients and suppliers match the predicted financial results, resulting in significant savings ranging from hundreds of thousands to millions of dollars for their clients.
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