Cost Reduction Solutions

Contact Us Today! 973-887-8124 or info@costreductionsolutions.com

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About Us

Cost Reduction Solutions - Helping your business maximize profits and productivity and minimize expense. 


We offer services Globally and have affiliates to assist you around the world. Our Headquarters in the NY/NJ Metro area provides direct service to the entire continental United States as well as other countries, such as Canada, China, Mexico and The United Kingdom. Additionally we have a Florida based office.

 

What sets us apart? Quality, integrity and communication. Our processes are set to deliver high quality results while we  strive to perform unique, low cost services as an added value.


Cost Reduction Solutions provides YOU, the client, with tremendous opportunities and advantages. Our tenured staff is comprised of business professionals and CPA's who have pertinent expertise & experience to support the wide variety of services related to: Finance, Banking, Auditing, Accounting, Business Planning, Operations, Sales and Marketing  allowing our clients a single source of quality services at discounted rates. We are committed to full client satisfaction.


Our Bank Exam Support Division has performed more than 7,000 standard recurring exams and new surveys spanning over 100+ lending institutions & banks. Our exam division offers field exams in every state. Call for an appointment to tailor our services as a full outsource to your lending needs.

Cost Reduction Solutions - Bios

Michael F. Albanese, CPA. 

Michael is the lead consultant for Cost Reduction Solutions. He has over 35 years experience as Chief Operating and Financial Officer for various companies within many different industries.


Michael helped Roger Penske build Hertz Penske's One Way Consumer Rental business in the early 80's and subsequently has assisted many companies build solid operating and financial foundations for growth and profits.


He also developed and operated mid-size manufacturers and distributors in textiles, floor coverings, golf products, LTL and TL trucking, wholesale and retail food, metals, insurance, banking and financing companies as well as a variety of service organizations.


Mr. Albanese has served on the board of directors of a publicly traded international environmental company as a general board member and as a chair to both the audit and compensation committees and is actively involved in servicing bank and financial institutions in monitoring their collateral loan portfolios, servicing public & private clients in order to meet their financial statement and tax reporting requirements and providing consultation service to a variety of clients. 


Michael is a member of the; AICPA, N.J.S.C.P.A., the Garden State Credit Association, NJ Commercial Finance Association / Secured Finance Network and other varying industry related organizations.

Our CRS Workforce is comprised of over 55+  tenured individuals. Full Bios upon request. CRS carries all appropriate AAA rated insurance certificates.