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for F&A & Supply Chain Transformation

Track the pattern of service adoption by monitoring F&A & Supply Chain Transformation contract awards by your peers. Identify who are the successful vendors this industry now. Updated monthly!

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Rachael Stormonth on Latest Trends in F&A BPS

Rachael Stormonth, Senior Vice President at BPS analyst house NelsonHall, discusses the latest business trends in F&A BPS with Professional Outsourcing magazine, and describes how some companies are using it as a platform for business transformation.

Efficio - Procurement Transformation

Vendor Analysis

by Vaibhav Wardhan

published on Nov 10, 2023

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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.

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