Xpressdocs was founded nearly 25 years ago as an innovator in marketing technology solutions and helps clients build better brands by providing unique products. Xpressdocs is focused on the creation, production, and distribution of branded materials, marketing collateral, and communications with solutions that streamline processes, automate tasks, and empower a distributed workforce throughout North America.
With an expanding footprint and a move into a larger facility, Xpressdocs realized that energy was becoming more important to their operations and bottom line. As the business experienced rapid growth, Xpressdocs recognized that they needed a partner that was both reputable and with deep energy expertise. Their team reached out to 5 for an initial consultation to identify any immediate cost-saving measures.
5 performed an audit of their energy procurement strategy and identified a significant opportunity to reduce their expenses and plan for future growth. 5 addressed the client’s existing energy contract issues before guiding Xpressdocs through a procurement process that capitalized on favorable market conditions and significantly lowered their costs into the future. This new contract included provisions that allow Xpressdocs to expand, while also reducing their annual costs by 66%.
In addition to a proactive procurement strategy, 5 works with Xpressdocs to perform bill audits and to identify potential power factor correction penalties. The CFO, Pete Fisher, said “5 continues to be a valuable partner in helping us control our energy costs while planning for the future, not only of our own industry, but helping us to understand the changing landscape of energy.”
As Xpressdocs continues to grow their business by creating crucial marketing strategies for their clients, 5 will continue to serve as their partner, and help to navigate consistently evolving energy markets.