Ennio Manto has worked in business finance for more than 23 years. In that time, Ennio Manto has proven successful in creating budgets and mitigating business expenses.For business leaders seeking to reduce costs, a strategic first step is to identify areas of greatest spending and evaluate which cuts could have the greatest effect. For example, if a business spends large amounts on insurance, a less expensive policy with similar coverage can save a significant amount.Experts also recommend comparing actual spent amounts with budgeted amounts for each category. If there is a significant difference, the business may take that as a cue to identify any points of over-spending.If the business is paying more to vendors than expected, the department responsible can check for errors in billing. There may also be the opportunity to review orders and eliminate unnecessary expenses, such as the regular ordering of supplies that the company is not using.Relatedly, the company may be able to negotiate with vendors to secure discounts. Companies can often achieve this end by starting a dialogue with their vendors and discussing the company's commitment to cost-cutting. If the vendor knows that it may have competition, it may be more willing to offer competitive pricing.Another potential strategy is to seek out suppliers and service providers that let a company bundle services. By consolidating print and mailing, for example, a company may be able to save more than if it paid two different organizations for these services. And instead of ordering small amounts frequently, the company may be able to seek out ways to get bulk-order arrangements on certain supplies that are in regular demand.The only way to find the most efficient strategy, however, is to research the available options. By communicating with vendors and internal personnel, business leaders can learn how they can truly make their money go as far as possible.
As president of Automotive Finance Solutions in Boston, Massachusetts, Ennio Manto’s responsibilities include overseeing a funding program for clients with poor credit history. Ennio Manto also served as the regional finance manager for Clean Harbors Environmental in Norwell, Massachusetts, where he managed 40 business units in the midwest and northeast regions.Founded in 1980, Clean Harbors Environmental was created to provide an environmental and hazardous waste disposal service that features emergency response teams to help keep harbors and other areas of industrial and hazardous materials safe. The company has grown to become the leading environmental service provider, serving not only Canada and the United States, but also Puerto Rico and northern Mexico. Clean Harbors Environmental features a number of services, including a bulk-waste disposal service.The Clean Harbors Environmental bulk-waste disposal service provides the disposal of waste using five different methods: incineration, recycling, fuel blending, wastewater treatment, and landfill. The bulk-waste disposal service helps protect companies against liability issues while also providing environmentally-friendly disposal of bulk-waste.
Ennio Manto draws on his years of experience to lead Automotive Finance Solutions. Ennio Manto holds an MBA and a bachelor of science in business administration from Bridgewater State University. Among other international academic programs, Bridgewater participates in the Mandela Fellowship for Young African Leaders.On June 20, 2017, Bridgewater State University welcomed 25 fellows to the Mandela Washington Fellowship welcome dinner on its campus. The Mandela Fellowship for Young African Leaders program brings 1,000 young leaders from sub-Saharan Africa to various colleges and universities in the United States to complete a six-week Academic and Leadership Institute. Students choose from three academic tracks during their studies: Civic Leadership, Business Entrepreneurship, or Public Management. Following their studies at the Institute, the students visit Washington, DC, for the Mandela Washington Fellowship Summit, which includes networking opportunities and panels with U.S. leaders from the private, public, and nonprofit sectors. A select group of 100 students remains in the country to undertake a six-week Professional Development Experience related to their career interests and goals.This is the second year that Bridgewater State has participated in the program. During the welcome dinner, President Frederick W. Clark, Jr., shared his excitement with the visiting students and encouraged them to do their best to change the world by starting locally when they return home after the experience.
An executive with extensive experience in used car financing, Ennio Manto formerly led Automotive Finance Solutions as president. During his tenure, Ennio Manto helped a myriad of qualified individuals with poor credit secure automotive loans to purchase pre-owned vehicles. As of May 2017, the US pre-owned vehicle marketplace shifted to benefit car dealers and buyers. The change centers on the supply of used cars, largely determined by the number of vehicles coming off lease.Due to the Great Recession, many car manufactures had reduced the number of affordable leases they would offer. This meant that fewer cars would eventually pass on to pre-owned vehicle lots. However, now the dynamic has shifted such that millions of off-lease, pre-owned vehicles have come to market. Some estimates predict the trend lasting well into 2019. While this boon plays to the advantage of consumers, who can expect lower pre-owned car prices, it negatively impacts car manufacturers. With buyers enticed by reasonably priced pre-owned options, they will be less likely to purchase newer factory products.
