We are business controllers, specialised in supplier conditions and sets of conditions. We apply our financial know-how to structurally improve your purchasing processes and results, rendering them manageable.
As CFO of Alliance Automotive in the UK, I worked with Recentes group during 2023, on a project focused recovery of rebates, but also covering duplicate payments and correct recovery of VAT. By committing time to explaining our business model to the Recentes team prior to the commencement of the assignment, the Recentes team were then able to work independently with very little disturbance to the local finance team. We received regular and clear updates on the assignment on a monthly basis, and any points of negotiation were resolved quickly and pragmatically. We recovered a significant sum of money from the work of Recentes and also learned many points for improvement within our own processes. I would not hesitate to recommend the team from Recentes and will likely engage them again in the future.
John CoombesFinance directorAlliance Automotive Group UK
A major intervention in the processes
A supermarket group
Forward Buying is a controversial retail concept. Buyers apply temporarily lower purchasing prices in order to accumulate extra stock; and stores often follow suit. Suppliers make attempts to counter the process, though often against better judgement. But what if the purchasing system could prevent Forward Buying in the future? How can you then safeguard the vital extra margin?
A leading retailer is to implement a new ERP system, which will have major consequences for those processes that place purchase orders with suppliers. From now on, the purchasing volumes will be more or less automatically calculated instead of being determined off the balance sheet.
This major intervention in the ordering processes may deprive retailers of great advantages, due to them no longer being able to buy stock at discounted prices. This system is referred to as “forward buying”: purchases made at discounted prices are partially sold at regular prices, thus generating extra margin.
The client requires assistance in calculating the old versus the new situation, in order to [..]