Transforming Waste & Recycling for Property Management: How Sourgum Helped Pratum Cut Costs and Boost Efficiency

Pratum Companies, a leading multi-state property management firm, needed a service provider to handle complex, varied site needs with reliability and transparency. Sourgum delivered a comprehensive, adaptable solution tailored to their unique requirements.

Pratum Achieved

By working with Sourgum, Pratum experienced impactful results:

• $75,000 in savings during the first year, representing a 22% reduction in waste service costs.

• Achieved 100% invoice predictability, allowing Pratum to maintain accurate budgeting with no unexpected fees or fluctuations.

• Real-time access to detailed waste and recycling data, enabling Pratum to make informed decisions and track metrics for long-term planning.

Challenges Faced by Pratum

Pratum had struggled with various issues from past waste haulers who failed to meet their needs for consistency, customization, and responsiveness:

• Inconsistent Invoicing: Relying on multiple waste haulers across locations and states led to unpredictable costs. Pratum’s invoices fluctuated widely from month to month, with hidden fees and percentage-based line items that complicated budgeting and made costs hard to forecast.

• Need for Adaptable Service: Pratum needed lightweight 2-4 yard plastic containers to allow for flexible placement within their sites to optimize service levels in response to natural fluctuations in occupancy—something previous vendors couldn’t provide.

• Specialty Disposal Needs: Pratum required disposal for unique items, like mattresses and tires, which previous vendors either couldn’t handle or charged exorbitantly for.

• Delayed Service Resolution: Service issues with waste haulers took too long to resolve, causing operational inefficiencies and allowing debris to accumulate.

• Lack of Transparency: Pratum didn’t know if they were receiving competitive rates compared to similar properties in each area.

Sourgum’s Comprehensive Solution

Sourgum provided a tailored solution that addressed Pratum's challenges:

• Data-Driven Cost Strategy: Sourgum’s SaaS platform enabled a thorough cost analysis, implementing a data-driven strategy that resulted in a 22% cost reduction with a flat monthly invoice—eliminating unexpected charges.

• Tailored Waste Solutions: Sourgum met Pratum’s exact specifications across all locations, providing lightweight plastic dumpsters, doorstep mattress removal, affordable tire disposal, and a robust bulk item removal service for tenants.

• Haulsourcing Platform: Through Sourgum’s reverse auction solution and their curated network of 5,000+ trusted vendors, Sourgum secured the best available pricing while ensuring reliable, consistent, and high-quality service.

• Real-Time Data with AI Predictions: Sourgum’s proprietary system identified and preemptively resolved potential vendor issues by automatically switching vendors when patterns indicated possible disruptions—without service interruptions or cost increases.

• Local Compliance Management: Managing all vendor compliance and reporting, Sourgum ensures Pratum remains compliant with local waste and recycling regulations, relieving their management team of the compliance burden.