Case Histories

Pension Group

Background
Specialist pension group with SIPP capabilities in overseas property with head office in London and associate agents and offices world-wide.

CBS Applied Activity
We were initially asked to find a minimum of £150,000 in reductions to assist their imminent UK buy-out plans and we suggested stationery, I.T. consumables, mobile contracts and legal fees, as our target categories for fast savings. Our overall audit trail also indicated several further areas that would benefit our services within their group and we would expect additional savings to be achieved. In the meantime, we produced substantial savings in excess of the requirement and within the timeframe allocated.

What the Client had to say about us:
‘Nice team - we liked their no nonsense approach and didn’t really see much of them once we gave CBS access to our suppliers. Our own internal review 2 years prior showed potential savings but required implementing. CitiBusiness Savings conducted their own audit and delivered a concise report after gathering data and made the changes to generate the reductions forecast. They acted swiftly to secure new suppliers within our timeframe and were professional at all levels. We particularly liked their delayed fee consignment method of billing and find their terms very reasonable. We shall invite CitiBusiness Savings back to review other areas they thought would yield savings, once our buyout is finalised’.
Financial Controller

Reductions achieved:

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