Hidden costs are a real scourge for businesses, eating into their margins and disrupting budget forecasting . To avoid this problem, it is essential to adopt a supplier sourcing approach based on transparency , a key value at Feraya Trade . Thanks to our rigorous method, we help businesses avoid surprises related to unanticipated costs.
Understanding the forms of hidden fees
Hidden costs can take many forms. Common ones include undisclosed logistics fees, additional customs charges, and hidden commissions that directly affect a company's margins.
Ask suppliers the right questions
Transparency starts with clear communication with your suppliers. It's crucial to ask the right questions, such as, "Does this price include delivery?" or "Are taxes included in this price?" These details help ensure no hidden fees creep into the transaction.
Check documentary consistency
Effective sourcing also requires a thorough document audit. We ensure that quotes, general terms and conditions of sale (GTC) , and standard invoices are consistent and transparent. At Feraya Trade , this step is systematic, which helps limit the risk of hidden costs.
Establish clear contracts
Formalizing clear contracts is essential to ensure sound expense management. We support our clients in detailing each expense item, making each contract completely transparent and unambiguous.
Conclusion
In France and the French-speaking world, businesses must be vigilant about hidden costs. Feraya Trade offers specific expertise to eliminate these costs sustainably, ensuring healthier business relationships and better cost control.