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LUCENT Advisory

About the company

Founded: 2017
1+ Empl.

We are a leading indigenous Tanzanian business firm, known for top tier services in each of our core practice areas. We are specialist in Corporate Finance, Accounting, Assurance and Taxation services. We are passionate about working to ensure active economy hence we provide tailored MSME Development and promotion together with Development Advisory services. We are regularly retained by both local and foreign investors and our firm has played an advisory role to foreign investors’ many transactions in Tanzania’s MSME, agriculture, financial and social development sectors.

We are a leading indigenous Tanzanian business firm, known for top tier services in each of our core practice areas. We are specialist in Corporate Finance, Accounting, Assurance and Taxation services. We are passionate about working to ensure active economy hence we provide tailored MSME Development and promotion together with Development Advisory services. We are regularly retained by both local and foreign investors and our firm has played an advisory role to foreign investors’ many transactions in Tanzania’s MSME, agriculture, financial and social development sectors.

We are a leading indigenous Tanzanian business firm, known for top tier services in each of our core practice areas. We are specialist in Corporate Finance, Accounting, Assurance and Taxation services. We are passionate about working to ensure active economy hence we provide tailored MSME Development and promotion together with Development Advisory services. We are regularly retained by both local and foreign investors and our firm has played an advisory role to foreign investors’ many transactions in Tanzania’s MSME, agriculture, financial and social development sectors.

Contact LUCENT Advisory

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Services

AccountingBusiness ConsultingFinance & Accounting Outsourcing (FAO)HR ConsultingGraphic DesignPrint DesignCorporate Training & CoachingBI & Big Data Consulting & SIFinancial Consulting

Industries

ManufacturingRetailTelecommunicationsE-commerceEnergy & natural resourcesFinancial servicesReal estateSupply Chain, Logistics, and TransportInformation technologyAdvertising & marketingBusiness servicesHospitality & leisureMediaMedicalNon-profit

Portfolio

Financial Due Diligence

Undertaken a financial due diligence in preparation for bond issuance

Reviews ( 5 )

Overall rating

5

5 Reviews

Expertise

5

Accuracy of Cost Estimates

5

Value for Money

5

Communication

5

Accuracy of Timeline

5

Review of Exceptional Services Provided by Strategic Management Experts

Published: December 30, 2022

The Project

Accounting

Completed

Apr 2021 - Dec 2022

25000-50000 USD

anonymous

Anonymous

Founder & Managing Director

Energy & natural resources

10 - 49 employees

Overall rating

5

Expertise

5

Accuracy of Cost Estimates

5

Communication & Responsiveness

5

Accuracy of Timeline

5

Value for Money

5

Willingness to Refer

10/10

Summary

LUCENT MANAGEMENT CONSULTANTS exceeded our expectations by delivering quality results that led to improved business performance and company valuation. Their friendly and competent team made the process engaging and stress-free. We are committed to working with them for our business sustainability.

Project Description

I chose LUCENT MANAGEMENT CONSULTANTS after a thorough evaluation of various consulting firms. Their engagement included a comprehensive review of our financial history, regulatory compliance, and operational policies. They provided valuable advice on corporate governance, strategic investing, and business valuation.

Pros

Their fees are competitive and they deliver on every promise. They excel in project management and have a team with excellent people skills. They instill confidence and trust in their clients, relieving them of stress and uncertainties.

Cons

There are no areas for improvement. They maintain high quality service and have exceptional customer relationship management.

Switched from another provider?

yes

Considered other providers?

yes

Valuation of Staff Benefits for the Leisure Industry

Published: October 15, 2021

The Project

Accounting

Completed

Sep 2021 - Oct 2021

25000-50000 USD

anonymous

Anonymous

Finance Manager

Hospitality & leisure

50 - 249 employees

Overall rating

5

Expertise

5

Accuracy of Cost Estimates

5

Communication & Responsiveness

5

Accuracy of Timeline

5

Value for Money

5

Willingness to Refer

10/10

Summary

In summary, working with LUCENT MANAGEMENT CONSULTANTS on the valuation of employee gratuity and leave encashment for a tourism company was a highly positive experience. Their professionalism, expertise, and commitment to delivering exceptional results make them the best in our market.

Project Description

I engaged LUCENT MANAGEMENT CONSULTANTS to conduct an actuarial valuation of staff benefits for compliance and reporting purposes. Their professionalism and objectivity in meeting our needs were commendable.

Pros

The team at LUCENT MANAGEMENT CONSULTANTS provided us with an organized report that included objective assumptions and valuation methodologies. They exceeded our expectations and demonstrated a unique approach that delivered positive results. Their commitment and creativity in addressing our concerns were highly appreciated. The workflow between our teams was seamless, and we realized significant value from their expertise. Their cost-effective and serious approach to client matters set them apart as best-in-class experts.

Cons

While LUCENT MANAGEMENT CONSULTANTS excelled in their approach, we believe there is room for improvement in training upcoming consultants to adopt similar or even better practices. We would have advocated for a merger with other consultants or for LUCENT to provide training on handling clients’ pressing concerns.

Switched from another provider?

yes

Considered other providers?

yes

Consulting Services for Improved Business Strategy

Published: December 14, 2020

The Project

Business Consulting

Completed

Aug 2019 - Dec 2020

25000-50000 USD

anonymous

Anonymous

Chief Operations Officer

Confidential

250 - 999 employees

Overall rating

5

Expertise

5

Accuracy of Cost Estimates

5

Communication & Responsiveness

5

Accuracy of Timeline

5

Value for Money

5

Willingness to Refer

10/10

Summary

Working with LUCENT MANAGEMENT CONSULTANTS was a rewarding experience. They successfully facilitated the acquisition of new trucks under a finance lease agreement, resulting in improved cost reduction practices and reduced delivery times. Their thorough review of our business operations led to constructive findings that have strengthened our overall strategy.

Project Description

Our collaboration with LUCENT MANAGEMENT CONSULTANTS involved a comprehensive review of our business operations, from contracting to marketing. Their insights helped us identify areas for improvement and strengthen our sustainability strategy.

Pros

Their reasonable fees and high-quality services make them a valuable partner. The team’s approach turned daily tasks into enjoyable experiences for my staff. I appreciate their dedication to our project.

Cons

Expanding their regional offices for better accessibility would be beneficial. Although their fees are reasonable, I believe their expertise is worth more than what they bill for.

Switched from another provider?

yes

Considered other providers?

yes

Revolutionizing Financial Management in the Transportation Industry

Published: January 30, 2018

The Project

Accounting

Completed

Nov 2016 - Jan 2018

25000-50000 USD

anonymous

Anonymous

General Manager

Confidential

250 - 999 employees

Overall rating

5

Expertise

5

Accuracy of Cost Estimates

5

Communication & Responsiveness

5

Accuracy of Timeline

5

Value for Money

5

Willingness to Refer

10/10

Summary

Lucent Consulting’s expertise and dedication played a pivotal role in helping us secure financing for new vehicles and achieve our primary goal. Their proactive project management approach, innovative solutions, and talented team of experts have made them our top choice for future projects.

Project Description

Through their innovative approach, Lucent Consulting revolutionized our financial management in the transportation industry. They provided us with cutting-edge solutions to streamline our accounting practices, ensure compliance with regulations, and secure financing for our business expansion.

Pros

Lucent Consulting’s unique project management style, personalized approach, and commitment to client satisfaction stood out the most. Their ability to assume full responsibility for our challenges and deliver exceptional results was truly impressive.

Cons

There are currently no areas for improvement that we have identified. However, we encourage Lucent Consulting to expand their presence to other African countries and establish partnerships with European consulting firms to reach a wider audience in need of their services.

Switched from another provider?

yes

Considered other providers?

yes

Area served

WorldWide

Media

No Media yet

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