Vendor Analysis
published on Nov 10, 2023
Report Overview:
This NelsonHall vendor assessment analyzes Efficio's offerings and capabilities in Procurement Transformation.
Who is this Report for:
NelsonHall’s procurement transformation profile on Efficio is a comprehensive assessment of Efficio’s offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of procurement transformation services and identifying vendor suitability for procurement services RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the F&A and Supply Chain services sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Efficio’s procurement offerings and capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, weaknesses, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization including the location of delivery centers.
Key Findings & Highlights:
Efficio Ltd. is a U.K.-based procurement and supply chain services company, established in 2000 with offices globally. Efficio:
- Affirms to deliver up to 10x ROI
- Has ~650 employees engaged in procurement and supply chain-related activity with a focus on sourcing, supplier, and contract management
- Has a proprietary technology platform, eFlow, which combines source-to-contract functionality with a knowledge and insights platform
- Has subject matter experts to deliver improvements to the client's procurement function
- Does not offer standalone P2P services but bundles them in combination with sourcing services.
NelsonHall estimates that Efficio generated overall revenues of ~$80m from procurement and supply chain consulting services in 2022. Efficio claims continued growth across all geographies in which it operates.
It has ~650 employees across 11 global offices. NelsonHall estimates that around 600 FTEs are procurement and supply chain consultants. The rest of the employees hold administrative and managerial roles. Approximately 150-200 employees are analysts supporting more experienced consultants. Efficio has a digital team supporting the eFlow platform and a knowledge management team supporting consultants with training and category insights.
Efficio is looking to expand its operations outside the U.K. The company opened a new office in December 2022 in Lisbon, Portugal. This expansion is a part of Efficio's strategy to grow its presence in Europe to support clients across geographies.