![[Original size] CoEfficient Group Circum](https://static.wixstatic.com/media/4a203f_36a08025537c48639eb07978ecbdd0aa~mv2.png/v1/fill/w_160,h_160,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/%5BOriginal%20size%5D%20CoEfficient%20Group%20Circum.png)
![[Original size] CoEfficient Group Large](https://static.wixstatic.com/media/4a203f_ef27d3a215d54da89b42c378ab9b0efe~mv2.png/v1/fill/w_940,h_445,al_c,q_90,usm_0.66_1.00_0.01,enc_auto/%5BOriginal%20size%5D%20CoEfficient%20Group%20Large%20.png)
Releasing Cash Back Into Your Business
Our Work
Our primary role is to increase our clients’ operating margins, cash position & liquidity
by significantly reducing their costs and optimising their expenditure.
Approach
Practical and tactical: informed by 20 years of experience, current market knowledge and smart data
Toolkit
Proprietary tools evolved to combine available client data and advanced benchmarking to support
informed decision making
Standards
Brand imperatives and management priorities understood - quality thresholds and service levels maintained & enhanced
Resourcing
Expert project team with specialist category analysts.
Normal course of client business uninterrupted
Control
Highest standards of discretion and confidentiality
Unconflicted and objective
Operational control reinforced
Results
Rapid, pragmatic, robust and enduring.
Maximum benefits delivered in the minimum time
Our Clients
We specialise in assisting Boards and Management teams, often in time-sensitive turnaround situations, to identify and address cost efficiency challenges swiftly and sustainably.
Client Types
We work with listed and private companies, portfolio businesses, charities and national government departments. Engaging across a broad range of sectors including banking, private equity, healthcare, utilities, mining, manufacturing, retail and luxury brands contributes to our knowledge bank and live benchmarking data. We are fanatical about client confidentiality but can share approved references on request.
Client Challenges
CoEfficient Group is often brought in to focus on an urgent special situation or particular issue, such as consolidating fragmented non-core expenditure, identifying specific cost reduction opportunities or addressing supply risks and non-compliant practices:
Finding cash to invest in growth
Rapidly boost profitability
M&A activity
Refocus on core activities
Outsourcing initiatives
ESG compliance
Bringing acquisitions and subsidiaries into line
Expansion into new territories and markets
Proliferation of locations and suppliers
Problem Solving
We have particular expertise in helping clients identify and address:
competitor/best practice performance gaps
supply chain risks in an increasingly challenging environment
costly and avoidable inefficiencies and waste of resources
misallocated resources
incompetence, malpractice, unethical or corrupt practices
Our Services
Agile and Flexible
We work to tight timescales, with a very light footprint, to ensure project traction and maintain enthusiasm. The level of speed and accuracy required is achieved by deploying experienced and expert analysts in sufficient numbers, using proprietary analysis and benchmarking tools, drawing on in depth supply market knowledge, and incorporating assessments of workflows and associated areas of activity without which many opportunities are missed or simply fail to gain acceptance.
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![[Original size] CoEfficient Group Large](https://static.wixstatic.com/media/4a203f_ef27d3a215d54da89b42c378ab9b0efe~mv2.png/v1/fill/w_75,h_75,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/4a203f_ef27d3a215d54da89b42c378ab9b0efe~mv2.png)
![[Original size] CoEfficient Group CoAles](https://static.wixstatic.com/media/4a203f_243bdc57cee947d9912cb3fdc8ab03ab~mv2.png/v1/fill/w_75,h_75,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/4a203f_243bdc57cee947d9912cb3fdc8ab03ab~mv2.png)
Rapid Engagement & Delivery
Focus on agreed expenditure categories
Use of available data
Identify and prioritise opportunities
Actionable results within 2-5 weeks
Contingent fee basis
Continuous Cost Optimisation
Provision of tools and services to maintain and develop efficiency gains in the most appropriate manner for the needs of the client business
Data Services
Data transformed into actionable intelligence
![[Original size] CoEfficient Group CoProc](https://static.wixstatic.com/media/4a203f_d7c729a6faf94868a41d08ff4339bc7b~mv2.png/v1/fill/w_75,h_75,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/4a203f_d7c729a6faf94868a41d08ff4339bc7b~mv2.png)
![[Original size] CoEfficient Group CoComp](https://static.wixstatic.com/media/4a203f_d77a681fc96e413c84fd88c282d6cb23~mv2.png/v1/fill/w_75,h_75,al_c,q_85,usm_0.66_1.00_0.01,blur_2,enc_auto/4a203f_d77a681fc96e413c84fd88c282d6cb23~mv2.png)
Cost Control in Context
Rigorous benchmarking supporting your people to succeed
Outsourced Delivery
Optimised savings, enduring efficiency
Supply Risk Mitigation
Soft cost savings, optimised practices, cash recovery
Our Insights
Delivering potential benefits as rapidly as possible requires a pragmatic understanding of how and where best to prioritise action. When this is informed by experience across categories and sectors it can add real value, fast.
Achieving meaningful and sustainable results requires a disciplined and objective process, specialist data analytics capabilities and relevant (current) sector/category benchmarking information. These are rarely found together within client businesses.
Double digit savings can often be achieved from categories that are considered to be managed efficiently or have recently been reviewed internally. Rigorous review is best achieved independently.
Constructive challenge from a knowledgeable third party can re-set and motivate established supplier/service provider relationships and employees. Executed properly, the process is an effective agent for essential change.
Testimonials
FAQ
We would welcome the opportunity to explore the various ways we can help you. The following provides answers to the the sorts of questions we have encountered over the last 20 years from potential clients prior to working with them
Why now? There are too many competing initiatives already in progress and our resources are stretched...
The time demanded of individual employees is very limited. We do all of the heavy lifting, especially in the initial phase where we are identifying and quantifying any opportunities from primary data sources. Subsequent activity is informed by the certain knowledge of the savings available, and the timescales and resources required. We can also deliver and implement for you, typically within just 30 days.
An often overlooked axiom is the fact that a cost saving is never deferred or delayed, it is lost forever. Kicking the can down the road loses your money. This lost cash will never be recovered, potentially delaying investment in revenue generating and strategic projects.
Why not just do this ourselves?
The task of addressing overhead expenditure often falls on finance and operational teams. These teams typically have been working to capacity, coping with day-to-day operational tasks and the challenges of strategic projects, COVID-19 and Brexit. Those currently tasked with the role of reducing cost typically:
act in these areas infrequently at best
are not all trained negotiators
don’t have access to up-to-date and relevant benchmarks
lack market analysis to inform their decision-making process
In reality many just don’t know what they don’t know and therefore face challenges that are often difficult to overcome from budget holders and suppliers with greater technical knowledge and a reluctance to change.
CoEffiecient operate in these markets on behalf of clients continually. We therefore know not only the markets, but also the strengths and weaknesses of potential suppliers and the effectiveness of their various solutions. Our virtual procurement power enables us to negotiate on our clients’ behalf with the suppliers’ senior teams. This high-level contact, combined with access to current price and service benchmarks, achieves the best possible results and avoids unintended consequences.
Why do we need you? We employ people who do this...
CoEfficient's engagement makes available additional expert resource and experience that supports your people, enabling you to significantly reduce expenditure by:
benefiting from the virtual procurement leverage of all CoEfficient’s clients - we engage and negotiate with suppliers at board level, accessing their most competitive rates and value-added services typically reserved for their top clients
accessing directly relevant benchmark costs and a knowledge bank of best practices, together with local, national and international sourcing opportunities - allowing your staff to use this information directly themselves or freeing them to focus on core activities while we complete the process
combining this expertise with robust analysis rapidly to identify, deliver, implement and track the optimum solutions in the shortest timescale.
A saving is never deferred, the wasted cash that takes so much effort to earn has simply been lost for ever. If people haven’t yet got round to delivering savings and improving efficiency, when will they have the time? We help our clients to deliver greater savings as quickly and effectively as possible.
Why CoEfficient? How are you different from your competitors...
Genuine alignment with your interests
Our engagement is designed to deliver clients a material return on investment and to be cash flow positive from day one. Unlike traditional consultancies, where fees are front-loaded, the rewards uncertain and difficult to attribute, and the incentive is to prolong the engagement to earn more time-based fees.
The worst-case outcome for a client engaging with CoEfficient is a rapid and independent ‘audit’ to confirm that expenditure is already at an irreducible minimum…giving investors, shareholders and stakeholders confidence that the company is operating as efficiently as some of the corporate world’s most effective organisations.
The typical outcome is a material and enduring improvement to your bottom-line performance, delivered in the shortest timescale.
Experience & Expertise
The experience and expertise that we deploy goes deeper than expenditure category knowledge and price benchmarking…important though this is. The skill is often the understanding and comprehension of the complex dynamics and relationships which course uniquely through each business and leveraging these to ensure that our recommendations will work and endure.
It also requires a detailed understanding of the complexities of negotiation, how to build a virtuous proposition, when to concede, how far to push and so on, such that key stakeholders feel they have gained benefit from the process. It is within this methodology that lies the true value of what we do...transforming the theoretical to the tangible.
Scope and Opportunity
We cover the most comprehensive range of expenditure categories, delivering savings in 216 sub-categories ranging from: Professional Services to Property costs; Marketing to Merchant Services; IT to Intellectual Property Rights; Accountancy to Zero Based Budgeting solutions. Addressing more than just a few commodity-based categories affords clients the opportunity to make the deepest savings across the widest range of their expenditure, in the shortest time. It also allows clients to benefit from opportunities to consolidate provision where optimal, and avoid unintended consequences when a theoretical ‘saving’ in one category, increases costs in another.
Resource & Reliability
The vast majority of our clients come from personal endorsements, referrals and recommendations. It is the most flattering form of approval when clients take us with them to help with new challenges. Perhaps this is because of our corporate mantra never to miss a deadline. We deploy sufficient resources with the appropriate training, back-up, support and experience to ensure that we deliver high quality results on time, every time.
Integrity
All of our recommendations are predicated on your best interests. CoEfficient’s code of corporate governance, employee contracts and SOPs enshrine a strict policy of never taking payments or inducements of any kind from suppliers or third parties…we even pay for coffee at supplier meetings and don’t accept any corporate or personal hospitality.
Next steps?
Because our work is tailored to the specific needs of each client, a quick conversation will swiftly establish what value we can add to a business and in which categories.
Contact Us
CoEfficient Group Ltd
5th Floor
167-169 Great Portland Street
London W1W 5PF
+44 (0)207 1015060