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
How to include a growth bonus in the net price?
A large supermarket chain
Including a growth bonus in the net price. What pitfalls will you face? This is an example of what we often encounter, as advisers and business controllers.
This client is a large supermarket chain. Because we’ve been an actual part of the company for a long period of time, this case has been written from the point of view of our client. Our financial know-how has been deployed to contribute to the best possible results.
Supplier X has been our preferred supplier for an important turnover group for many years. In recent years, we had more or less fixed bonus agreements with our supplier. These agreements concerned a guaranteed percentage condition of 4% on the full purchasing value and a growth bonus of 2% on top of that upon achieving the €10 million purchasing value threshold.