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County hires SpyGlass to audit technology vendor spend; findings expected in weeks
Summary
Finance has provided SpyGlass a list of about 75 county vendors for review; SpyGlass, a technology expense management firm, will deliver findings in the coming weeks and the county may direct follow-up to recover funds or negotiate better rates.
The committee heard that the Finance Department provided SpyGlass Group with a list of roughly 75 vendors used by Oconto County for a technology expense audit. SpyGlass is expected to return findings within several weeks and the county may instruct the firm to pursue repayment or negotiate lower rates where problems are identified.
SpyGlass described its service model to the committee: auditing invoices for billing errors or contractual violations, identifying savings opportunities (the minutes state SpyGlass typically finds savings in 99% of engagements and claims an average reduction of roughly 20% annually), renegotiating contracts on the county’s behalf and offering ongoing invoice monitoring under a success-based fee structure.
