Total Expense Management and Procurement Strategies
Supply financial services and manufacturing, petroleum, mining and pharmaceuticals with the highest Return on Investment (ROI) and profitability by providing best strategies and transformations that leverages a unique expertise in managing operational and financial performance turnaround,
expense management, and sourcing challenges.
We provide a strategic consulting solutions in operations, finance, strategic sourcing in engagements. We have enhanced the performance of operating units and improved productivity and efficiencies.
Process Offers
Work with management teams to develop highly focused strategies, targets, and plans of action
Guiding principle is that all improvements need to explicitly flow through the P&L, become budget sweeps or are quantifiable (e.g.: system implementation, business plan, etc.)
Ensure that proper MIS is being generated consistently and timely (create or redesign if necessary)
Establish periodic business unit performance KPI / KRI review meetings with senior management
Total Expense Management Solution (TEMS)
TEMS is a “turn-key” process that identifies, creates, and sustains measurable savings from expenditures, operational efficiencies, leverages strategic sourcing best practices, and enhances a firm’s culture on how it thinks about expenses - Savings Identification – translate and analyze your financial data from multiple disparate systems to identify savings and control spending
- Process reengineering and Expense Efficiencies - business process efficiencies along with desired cultural enhancements are driven by the review of demand for sourced items, how and why they are utilized/consumed.
- Strategic Sourcing - savings are extracted from all expense categories by leveraging our deep sourcing and supplier industry expertise, inclusive of unique, complex or strategically sensitive areas. An improved sourcing strategy execution adds real value to the supply chain.
- Strategic Alliances –
Strategy is developed with Firm’s management to execute a successful plan
C Level Executive Consulting oversees project management and deploys alliance companies to support initiatives as required
You get a “turn-key” Total Expense Management Solution
Expeditious Implementation
We perform initial expense analysis, generating customized reports in only 2-8 weeks from receipt of suitable data.
Market and supplier analyses for key expense categories are performed.
Set baselines, goals and plan of attack with your business units, financial and procurement groups.
Current sourcing practices are evaluated and selected contracts benchmarked against our experience with "best-in-class" pricing and service levels.
Fund longer-term sourcing initiatives by taking immediate advantage of savings by piloting target categories during the review period
Program builds incentives and ensures all stakeholders are represented and engaged.
Sustaining Savings
Ensure cost savings are sustained each year by tracking and analyzing expenditures, and monitoring contract compliance.
Strengthen your financial and procurement organizations’ capabilities with cutting-edge sourcing and organizational collaboration skills training.
Benefits
TEMS is the solution when you are looking for more than just price reductions:
Complete understanding of expenditures and control over demand
Well-defined specifications and cost/benefit options for optimal purchasing
Improved policies and procedures
Improved service and quality levels
Best-in-class contract terms and conditions
Total cost of ownership savings opportunities
Project/event design and management
Post-event bid analysis and recommendations
All client and supplier communications
Performance metric reporting
Performance Improvement, Turnaround, and Restructuring
Expertise in dealing with under-performing divisions, troubled business processes, or ineffective organizational structures. We identify opportunities and act with you to take advantage of them
Offer practical thinking and hands-on action in times of dramatic corporate change and times of crisis with effectiveness in:
Financial forecasting and cash flow planning
Accounts receivable and payables issues
Renegotiate loan covenants
Product reviews – profit margins, industry benchmarks
Working with management we execute quick improvements and restructuring solutions that sets the stage for long-term corporate health and success
Transition can create challenges, but also generates real opportunities for improving corporate performance. Our planning process ensures the greatest possibility to harness value from transitions.
Proven methodology clearly identifies performance obstacles and provides a wide variety of alternatives to manage challenges and enhance performance.
Providing the strategy, we work together with your managers and staff, and drive a results oriented implementation of whole-business turnaround solutions.
Lend credibility to management's restructuring strategy by executing quick improvements - identifying and mitigating risk, helps retain credibility.
Financial Advisory
Develop tailored programs that help management make informed decisions and comprehend facts and figures that lead to sound choices.
Corporate Health Checkups
Project and new initiative capital spending and ROI evaluations
Our professionals have combined industry knowledge, credentials and hands-on experience to help understand the financial, transactional, regulatory, and legal issues
IT Turnarounds
CLEC offers a unique set of information technology services, focused on retrieving and using operating data to support turnarounds or performance improvements
Our strategy ensures that your information technology investment is aligned with business objectives
We perform due diligence and analysis, looking for ways to reduce costs, improve efficiencies and increase the value that your IT investment brings to your daily operations and ultimately, to your bottom line. This defines optimal IT capacity
Expertise in structuring, negotiating and managing outsourcing relationships to ensure an equitable balance, as well as for helping companies restructure the IT function, drive mission-critical projects, and develop e-business strategies