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.
Undertaken a financial due diligence in preparation for bond issuance
Overall rating
5 Reviews
Expertise
Accuracy of Cost Estimates
Value for Money
Communication
Accuracy of Timeline
The Project
Accounting
Completed
Apr 2021 - Dec 2022
25000-50000 USD
Founder & Managing Director
Energy & natural resources
10 - 49 employees
Overall rating
Expertise
5Accuracy of Cost Estimates
5Communication & Responsiveness
5Accuracy of Timeline
5Value for Money
5Willingness to Refer
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
The Project
Accounting
Completed
Sep 2021 - Oct 2021
25000-50000 USD
Finance Manager
Hospitality & leisure
50 - 249 employees
Overall rating
Expertise
5Accuracy of Cost Estimates
5Communication & Responsiveness
5Accuracy of Timeline
5Value for Money
5Willingness to Refer
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
The Project
Business Consulting
Completed
Aug 2019 - Dec 2020
25000-50000 USD
Chief Operations Officer
Confidential
250 - 999 employees
Overall rating
Expertise
5Accuracy of Cost Estimates
5Communication & Responsiveness
5Accuracy of Timeline
5Value for Money
5Willingness to Refer
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
The Project
Accounting
Completed
Nov 2016 - Jan 2018
25000-50000 USD
General Manager
Confidential
250 - 999 employees
Overall rating
Expertise
5Accuracy of Cost Estimates
5Communication & Responsiveness
5Accuracy of Timeline
5Value for Money
5Willingness to Refer
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
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Enterprise Solutions & Ecommerce Apps
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