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
An extremely risky situation
Industry, Retail, Wholesale
We encounter risky situations among a number of our clients, when it comes to safeguarding contracts and other agreements with suppliers. Recentes has the know-how to propose and implement improvement measures. Risk reduction and extra grip on revenue are vital factors for any (purchasing) organisation.
We encounter risky situations among a number of our clients, when it comes to safeguarding contracts and other agreements with suppliers.
Not all contracts with suppliers are agreed annually; some contracts are more than 10 years old
Contracts are free-form, therefore resulting in frequent debate on their interpretation: definitions are lacking, the timing and method of settlement is unclear, the principles are ambiguous and preconditions overly vague
Contracts are disseminated throughout the organisation; each buyer can basically reach their own agreements and decide whether to register them. There is no authorisation procedure
Besides annual contracts, many additional agreements are made casually or per e-mail. Here too, there is no central