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
Better registration was proven to give significant results
A non-food retailer with 97% name awareness
A leading international chain of stores (a franchise organisation with a rapidly changing seasonal range) and a good consumer reputation, was unaware of large sums of money lying neglected with suppliers. Recentes helped unearth this money while also implementing structural changes.
Recentes came into contact with this organisation and proposed an audit of the conditions of recent years. The assessment would determine whether all purchasing conditions revenue had been received and whether suppliers had accounted for the full (decentralised) purchasing value.
While the expectations were only cautiously positive beforehand, large sums of money were shown to be lying neglected with suppliers. Much more than expected. Due to buyers not always feeling responsible and not having the correct information, suppliers were inadequately obliged to account for purchasing value. One supplier, with whom business had been done for many years without a contract, even sent a quarterly calculation of their bonus. Without ever having [..]