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.
Recentes helped Cosis to map out the contracts we have concluded. They also investigated whether the execution by the contractor, in accordance with the conditions and the legal and fiscal frameworks, had taken place correctly. Recentes has carried out this process very carefully and has also had a lot of contact with suppliers. Due to their careful and correct attitude, these contacts went well. In addition to understanding the weaknesses in our contract processes, Recentes' activities have also provided us with financial returns. I can certainly recommend them.
B.J. (Bert) HogeboomMember of the boardCosis
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