Select Service Partner

February 2023

1 expensereduction.com
From our recent survey*
*Managing Uncertainty ERA surveyed 278 senior procurement professionals

of respondents feel that procurement is

99% under-resourced in their organisation

of respondents believe more investment

94% in procurement would boost profits

of respondents believe they would benefit

63% from using external resources to help
with procurement
Our Promise

• Transparency and measurable results

• Implementation oriented working method
• Our work is completed, when extra profit is shown in your
P/L-statement
• We provide you with additional resources and know-how
• Your quality standards will be maintained or improved
• The aim of our work is to keep your company "fit" Success-
based fee model

OUR PROMISE: We will increase your competitiveness!

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What we do for our clients

Increase
Competitiveness

Cost Process Quality

Improvement of Improvement of Improvement of
cost efficiency processes quality and
and transparency performance

Expertise & experience of 1.200 experts

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We optimise costs and Where we support you
create opportunities
Expense Reduction Analysts delivers Production Material Cost
tactical advice and solutions for IT
Optimization Optimization
cost optimisation and supplier
management to companies all Supply Chain Tax Optimization Digitalization
around the world. Optimization

Our partners have the expert Banking & Financial HR / Temporary

Commodities
knowledge required to analyse Services work
every market – no matter how
Global Sourcing
complex it is. Thus, they can offer
their clients the best solutions
available. Quicker Less expensive Better
ERA overview
ERA: World leader specialist within cost optimation

Norway >5000 active clients

Sweden
Finland
>1000 partners and consultants
Germany Denmark
Austria
Switzerland >36 countries, 18 languages
Canada UK
USA Ireland
Mexico China
European & Global
Thailand
>39.000 successful executed projects
US HQ: Addison, Texas HQ: Kent, UK
Malaysia
Belgium Russia India (2017)
Netherlands Poland
France Czech Republic Savings up to 60%
Slovakia
Spain Romania
Brasil Italy Croatia
Bolivia Portugal Ukraine More than 25 years of Insight know how
Turkey
and market intelligence
Australia
New Zealand 100% supplier independent

Global presence – local knowledge

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Our process to optimize your cost
We’ll look at your expenses and do a health check to see if we can find ways to lower
your costs – and we’ll carry the risk and only share the savings if we are successful.

Analysis Research Selection Monitoring

Situation Options Report Implementing Performance

Report of Option(s) Reports

4-6 weeks 4-6 weeks 2-4 weeks 24+ months

Our simple process adds value at every stage. You benefit from
expert external resource, market knowledge and exceptional delivery.
Fee structure
Our commitment
• We are engaged to find savings
• We do the work
• If no savings are identified there will be no
fee for our service
• Success fee only: 50% of all realized savings
during 24 months (the Review period)
• Recommendation Fee and Implementation
Fee will be offset against fees due in the
Review period
Our fees are generated throughout the
Your commitment
project
• On presentation of Options report: 10% of • 50% of savings are achieved during the first
total projected savings will be invoiced. 24 months
Binding offers from supplier(s) are on the Cost optimisation is long-term and generally
table
lasts for 4 to 5 years
• Upon implementation of selected savings
Savings generated by Expense
option: 10% of total projected savings will be
Reduction Analysts
invoiced. You have new supplier or new prices
from existing supplier FEES
4-5 years
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CONTACT

Victor Iosifescu
Partner

viosifescu@expensereduction.com

+40 722 599 406

9-11, dr. N. Manolescu str, 1st floor

050583, Bucharest, RO

www.expensereduction.com