Cash Processing Solutions (CPS)
Mark was appointed following the acquisition of CPS by Privet Capital. The objective was to bring the business back under control following a carve out from De La Ru & identify and execute an efficiency programme to reduce costs & during the difficult Covid period.
Cash Processing Solutions (CPS)
Mark was appointed following the acquisition of CPS by Privet Capital. The objective was to bring the business back under control following a carve out from De La Ru & identify and execute an efficiency programme to reduce costs & during the difficult Covid period.
Our impact
Deliverables
Delivery of a £4m transformation plan including:
The immediate stabilization of the business with the implementation of a companywide transformation plan, bringing all current 70 business projects under control & ensuring all current machine builds finished under budget & on time.
Implemented a new programme to fix the technical issues of next generation highspeed desktop system. The new desktop system significantly late & over budget; having a material impact on cash flow.
Implemented a Covid survival plan, resulting in c$2m of annual savings.
Implemented a new global supply chain strategy to improve spares availability & reduce working capital.
- Satus:
- Realised
- Services:
