From XU Magazine, 
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Reducer Is Back!

September 13, 2023

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September has started with the news that Reducer has returned to help accountants make cost-saving recommendations for their clients.

Originally founded in 2017, Reducer grew to become the number one cost-saving platform platform in the UK, partnering with hundreds of accountants and delivering their bespoke cost advisory service to over 9,000 businesses.

However, in August of last year, the fallout from Brexit, COVID-19, and the energy crisis left them with the need to take a step back and evaluate their options.

“We were in a tough spot, and the future looked bleak,” explains CEO Rishi Sharma. “But, while informing our partners of the hiatus, we received an unexpected outpouring of positive feedback and support. Buoyed by the response, a small group of us banded together and vowed to bring Reducer back. It’s been an uphill struggle (and a sea of paperwork), but it’s great to finally say we’re back!”

There was a restructure with Rishi Sharma, the previous Sales Director and the driving force behind the resurgence, taking over as CEO. Most of the previous team was retained, and, along with a few exciting additions, they have been working hard to bring new ideas to expand and improve the Reducer offering.

Following the relaunch of Reducer in June, 150 existing customers have already been guided through the murky waters of the current energy market, saving an average of £2,018 per year on their energy spend.

In a time when businesses are struggling to stay afloat, Reducer understands more than most the value of being as lean as possible with overheads. Now, Reducer is in a position to reestablish accountant relationships and take on new clients to help reduce energy spend and save time with their expert advice.

Sharma concludes, “It is a true testament to the resilience of our team that we are not only still standing, but stronger and more motivated than ever. We now have to build upon the foundation we have already laid and drive Reducer to even greater heights.”

Why leave it there?

To find out more about Reducer

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