In time for the 2008 budgeting process, Return on Efficiency, LLC (RoE), a consultancy specialising in Interim management, IT and Operational improvements is pleased to announce another successful cost savings and process improvement engagement.  The client is a large, global, b2b transaction portal.

Situation

A member of the US Fast 50 was under price pressure and as such had to cut spend. The CEO was wise enough to realize that rather than an ‘Attila the Hun' approach, longer lasting results could be accomplished via operational improvements.  All G/L categories were on the table, the only proviso being that the results had to impact both 2007 and beyond and had to be real-dollar and measurable. 2007 spend was approximately $40M pre-engagement. 

Results

Operational improvements resulted in a 3.55% savings for the second half of 2007 and 6.5% in each of 2008-9. Said improvements included policy changes, new processes, selected BPO, technology enhancements and other measures, positioning the company for continued growth. RoE's fees were recovered an average of 5X. 

About Return on Efficiency

Since its founding in 1995, RoE has assisted hundreds of companies deliver measurable results, on a risk/reward sharing basis. Among them are:

• 100%-300% revenue increase
• Developed and implemented 24-36 month Product Roadmaps
• Created ebusiness strategies, managed implementations
• Acted as Trusted Advisor and Interim COO and Interim/Co-CIO
• Multiple new products conceived, developed, launched, first sold and implemented
• Cut spend sufficient to attract new investors
• Took multiple last-place operating units and made them #1 or #2 in their companies
• Turned around multiple Professional Services Organizations
• Operated even under ‘odd' conditions such as currency and market collapse, revolution, hyperinflation, war
• Converted multiple Consulting and knowledge based companies into product companies, growing both revenues and valuation

For additional information contact Richard Eichen, Managing Principal at (richard.eichen@returnonefficiency.com).