Finativ introduces new product to drive bottom-line operational gains

In response to growing demand from finance companies and intermediaries looking to simultaneously improve service levels, reduce operating costs and generate positive results in the same financial year, specialist consulting and advisory firm Finativ has developed a new methodology to support those aims.

Combining subject matter expertise in both operational excellence and in responding to the commercial imperatives of the client’s business model, the Finativ Focus approach concentrates on specific areas of a finance or intermediary company’s operating model, flexibly combining a range of forensic techniques to develop a holistic view of current performance and clear areas for improvement.

Recent results for a client were impressive:-

• 17% short-term increase in dealflow capacity identified, with minimal IT investment and no headcount increase
• Realisable near-term benefits were 6x the cost of Finativ’s engagement
• Longer term upgrade benefits 10x the project cost
• Potential to roll-out approach into other areas of the business

More detail of this particular case study is available at https://finativ.co.uk/focus/

Identifying the uplift in business performance is one thing but unlike other consulting firms, Finativ go one step forward, offering to align their fee income with the delivery of tangible business benefits for the client.  Simon Potts, consulting director at Finativ and a Lean Six Sigma Black Belt, commented, “At Finativ we have the hands-on expertise to drive project execution as well as opportunity identification.  We’re able to work shoulder-to-shoulder with our clients to deliver practical outcomes of real value, that both parties are committed to.”   Jeff Longhurst agreed, “The in-depth industry knowledge of our consulting directors means that we can achieve such results for our clients with the minimum of disruption to and distraction of valuable resource from the day to day performance of business as usual.”