Case Studies

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Cash recovery initiatives deliver ~£275m benefit for large Energy supplier

Project Lead: Rachel Littlewood
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Debt
Transformation Re-platforming
Project Lead: Rachel Littlewood

Identifying a ~£1m cost avoidance opportunity in a large supplier's customer migration

We supported a large energy supplier with the migration of its customer base to a new system provider. As this was a background migration, we helped the supplier to cleanse their existing customer data, ensuring that any potential risks were recognised in advance and managed effectively.

Debt
Project Lead: Rachel Littlewood

Challenger supplier reduces debt book by ~£30m with improved processes and new campaigns

Challenger energy supplier facing ~£75m debt book increase due to inefficient processes, a lack of collection campaigns, and little progress towards Ofgem smart meter install targets.

Operational Excellence
Project Lead: Lauren McCullough

​Large B2B supplier increases efficiency with operational excellence

We supported a large B2B energy supplier with operational improvements in its Pricing team, aiming to increase efficiency and reduce the time taken to produce prices for new and existing customers.

Industry Operations
Project Lead: Jon Vincent

Operational process improvements deliver ~£15m cash benefit for large energy retailer

We supported a large energy retailer with the management of its prepayment portfolio, where a shortfall in expected cash was causing a double-digit revenue gap. This problem was expected to increase in scale significantly, due to the ongoing energy crisis and its impact on prices.

Debt Transformation
Project Lead: Ian Barker

Outsourced credit turnaround yields 10% bad debt reduction and ~£10m in cash

Challenger supplier faced difficulties with their outsourced credit partner. Our transformation plan delivered ~£25m benefit within 4 months, with ~£20m from new debt prevention.

Debt
Project Lead: Rachel Littlewood

Large energy retailer debt sale and capabilities creation for £20m cash benefit

We used our tried and tested Debt Sale Management Framework, helping our client to identify segments of debt it wanted to sell, segments it would consider selling, and segments it did not want to sell.

Debt
Project Lead: Rachel Littlewood

Large energy retailer closes P&L gap through debt sale

Our client was seeking to close a ‘P&L gap’ of £5m and saw debt sale as an opportunity to support its year-end gap closing initiatives. BFY undertook a detailed data analysis and segmentation exercise.

Debt
Project Lead: Ian Barker

Challenger energy retailer first debt sale delivered £1m in year one

Our client wanted to explore debt sale as an alternative to using debt collection agencies, which had historically struggled to provide consistent returns.

Strategy Benchmarking Transformation
Project Lead: Ian Barker

Supporting a large supplier's transformation through challenger strategy and scenario analysis

Our client, a large Energy retailer, was looking for quantitative and qualitative analysis on how challenger energy suppliers operate. We delivered our insights and recommendations to the board using our modelling on the energy market, backed by the evidence gained through our benchmarking study.

Strategy
Project Lead: Matt Turner

Economic advisory on Ofgem’s price cap for a large energy retailer

Our client, a large energy retailer, was looking for economic advisory on how it would be impacted by Ofgem’s price cap and how it should respond to its consultation. It needed to pull together a team at short notice to provide the quantitative and qualitative analysis of the published data provided in the Ofgem data room.

Strategy M&A
Project Lead: Ian Barker

Accelerated M&A process on behalf of a Senior Secured Creditor

We deployed our accelerated M&A team to conduct due diligence analysis of the domestic retailer, modelling the business, and customer book, at pace to prepare for all disposal options.

Headshot image of Tom Bromwich, Director at BFY Group.
Strategy
Project Lead: Tom Bromwich

Strategic options analysis for a mid-sized challenger

Our client, the Managing Director of a mid-sized challenger brand, was struggling to create a strategic plan and needed support to produce scenario analysis on a number of strategic options.

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