Gain 1 of 6
Financial gains
Margin, costs, cash, and what your suppliers owe you.
Read the detail: Financial gains
- Where the gain comes from
- Spend committed without a forecast and discovered at year end.
- Variances between budget and actuals that nobody explains.
- Customer invoices paid late, and cash that gets tight.
- Penalties and refunds written into the contract and never claimed.
- What I do
- I tie the budget to financial control: forecasts, commitments and variances, reviewed on fixed dates.
- I go through costs line by line, with the people who commit them.
- I set up a 13-week cash flow plan when the situation calls for it.
- I reread the contracts and prepare, with your lawyer and your accountant, what they entitle you to claim: penalties, refunds, renegotiation.
- How it is measured
- Baseline: The approved budget, actuals for the last twelve months, today’s cash position.
- Indicator: Budget against actuals, margin by activity, the 13-week cash forecast, sums recovered from suppliers.
- Who signs off: Your finance director or your accountant. The figure that counts is theirs.
- Targets
- 30-day target: A 13-week cash flow plan in place, updated every Friday.
- 90-day target: 3 to 5 fewer days of late customer payment.
- 12-month target: 5 to 10% savings on the overheads reviewed, signed off by your finance director.
- Example
For an SME with turnover of €9,000,000, collecting 4 days earlier frees up about €100,000 of cash (€9,000,000 × 4 ÷ 360 days).
- Benchmarks
- In mid-2026, the average payment delay in France is 12.3 days, and 49.7% of companies pay their suppliers on the due date.Altares, “Etude Comportements de paiement France 1er semestre 2026”, 2026
- The executives surveyed achieved on average only 48% of their cost-saving targets in 2024 (more than 570 executive-committee leaders worldwide).BCG (Boston Consulting Group), “One-Third of Corporate Leaders List Cost Management as Their Most Critical Priority for 2025”, 2025
- From my track record
- GRDF: Spend optimised through cost analysis and supplier negotiation, and a budget projected into the following year with financial control.
- Monoprix: Weekly budget reporting for the executive committee, and tools to detect overspend risks.
- The Walt Disney Company: A budget held in direct contact with financial control: forecasts, accruals, payments, contract approvals.
- On every assignment: Contracts negotiated so that penalties or refunds could be claimed, or a contract exited.
- Monoprix: Projects costed in three stages (studies, pilots, roll-out), then spend tracked on fixed-price and time-and-materials contracts.
- TotalEnergies: An internal resourcing budget of several million euros, tracked across more than ten departments and dozens of managers, and reconciled with the official data extracts.
- TotalEnergies: A delivery budget of several hundred thousand euros, built line by line, contingency included.
- Gains per assignment, as an order of magnitude
- TotalEnergies: Several million euros, as an order of magnitude.
- The Walt Disney Company: Several million euros, as an order of magnitude.
- GRDF: Several hundred thousand euros, as an order of magnitude.
- Monoprix: Several hundred thousand euros, as an order of magnitude.
Savings achieved, penalties or refunds recovered, deadlines met. I give these gains as an order of magnitude; we can go through the detail when we speak.
Going further
- Service: Growth
- Service: Coming through a crisis
- Full module: A budget you can steer
- Full module: Cash under control
- Template: 13-week cash flow plan
- Article: Raising profits without cutting everything: where to start