Retail, FMCG and Grocery

The pace of modern trading, number of lines carried and high transaction volumes mean the slightest error can significantly affect your profit margins… Aveiroe Europe can provide professional assurance services to any area of your business, financially auditing any functional activity or process.

With the greatest depth and breadth of experience of any Recovery Audit team in the UK we have assisted clients by delivering significant profit improvement. This can be achieved either through an outsourced recovery audit approach or working alongside existing internal teams………………………………….. or a combination of both.

“Recovery audit is not a reflection of poor processes. It is a reflection of thorough and conscientious management. In fact, those in the top quartile of efficiency and effectiveness are more likely to perform Recovery Audits than others in the study”

Extract from the Hackett Group paper on Recovery Auditing

Recovery Audit has become best practice due to complex trading, systems and processes and the multi-channel evolution within the sector. Our experts have a proven track record in these specialist audits, having delivered a significant uplift in performance to clients wherever we’ve worked.

The Aveiroe Europe approach is unique, centred upon our Faculty Services, the unrivalled experience of our team and the development of tailored audit programmes. Our “non-standard” approach is to create and perform a bespoke audit programme to meet your needs and objectives by providing the appropriate calibre of professional resource.

We ensure the best outcome for your business through our services by thoroughly understanding both your sector and the complexities of your organisation. The UK grocery market, for example, has evolved significantly since the introduction of The Grocery Supply Code of Practice (GSCOP). Retailing and recovery audit practices have needed to evolve to reflect these changes. Our UK grocery audit experts have embraced GSCOP since it was introduced. Our work with clients and engagement with the Grocery Code Adjudicator have ensured that our sophisticated audit programmes and mature stakeholder engagement maximise client returns whilst working within the code.