Expense Reduction Financial Services Solutions

Gain a Competitive Advantage for your organisation with our Financial Services Solutions

Overview

Financial Services play a vital role in supporting business investment and growth, offering people and organisations secure access to their money, protecting against risks and providing stability for households and corporations.

The sector provides more than 11 million jobs in the EU and accounts for €681 billion of economic value. The EU is a leading exporter of financial services worldwide with annual exports of €78 billion accounting for about a quarter of global financial services exports.

Industry Challenges & Opportunities

The financial services industry continues to grapple with the impacts of the financial crisis and is still working hard to build confidence in its products and services. At the same time, it has great cause for optimism, with a chance to innovate, explore fast-growing markets and use transformative technology to unlock new opportunities.

Gaining a Competitive Advantage

The ever-changing landscape of the Financial Services market continues to present organisations and their leaders with unprecedented challenges. Greater and more complex consumer demands, fast-moving competitors utilising disruptive business models, increasing risk and compliance issues and the continuing progress of technology are all having an impact.

Download our corporate brochure today to learn more about Expense Reduction Analysts and discover how we can help your organisation.

Case Studies

Download our Corporate Brochure to learn more about ERA

Our Corporate Brochure helps you to explore the value and insight that can be delivered by Expense Reduction Analysts. Explore our services in more detail and learn how we can help your organisation.

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Corporate Brochure - Expense Reduction Analysts
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Introduction to Expense Reduction Financial Services Solutions

Expense Reduction Analysts provide a wide range of industry solutions, with a variety of dedicated teams made up of experts from those industries. Here, Richard Placito, the chair of our Financial Services Industry Solutions group, provides a simple overview of how Expense Reduction Financial Services Solutions can help your business, including the common challenges we've been able to help our clients with already. To learn more about our Financial Services Solutions, download the full white paper now.

"To achieve a competitive and sustainable cost base, firms must find the right mix of tactical cost reduction solutions to drive short-term gains and more strategic initiatives to realise the transformational cost reductions needed to compete in the emerging Financial Services marketplace."

Financial Services Case Studies

Harpenden Case Study

“Thanks to the great work by Peter and Lorraine at ERA, we’ve been able to retain our existing supplier but on significantly enhanced terms, so we’ve got the best of both worlds! We’re able to maintain existing relationships, save money and feel confident that we’ve got water tight policies in place. What more could you ask for?” Phil Bannister, Head of Operations, Harpenden Building Society

Harpenden Building Society is an independent Mutual Society, owned by its members. For over 60 years Harpenden has helped local people to buy their own homes and to save for their futures. With six branches across Herts, Bed and Bucks, Harpenden credits its success to a unique combination of personalised, no-fuss products teamed with friendly, knowledgeable staff. Proudly referred to as its ‘best assets’.

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Harpenden Case Study
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Paymex Case Study

“What distinguishes ERA is that they have provided an endto-end service for Paymex – running tender processes then actively managing our suppliers and ongoing purchasing habits, ensuring that we are always getting the best value available. This has worked exceptionally well for us, the benefits that ERA has brought to our company have gone far beyond just the identified cost savings.”

Paymex are a company that is conscious of their indirect costs and had previously managed these internally despite not having an in-house purchasing department. However, when Robin Russel-Fisher, Group Financial Director, Paymex Limited, met with Clive Cowan of Expense Reduction Analysts, it became evident ERA would become their trusted procurement advisors of choice.

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Paymex Case Study
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Our process is simple. Our sector specialists, all with extensive knowledge of their expert areas, use the skills acquired over impressive professional lifetimes to help you negotiate a better deal in overhead spend. Find out more about who we are and how we help you.

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