Arkle Finance Goes Live with Alfa Systems in Fast Implementation using Alfa Start
Arkle Finance Limited has successfully gone live using the Alfa Start implementation methodology.
Alfa, the producer of Alfa Systems, the software platform relied on by the most innovative asset finance companies worldwide, has announced a successful implementation with Arkle Finance Limited.
A funder with a wide range of financial products and a diverse customer base, Arkle engaged Alfa in October 2020. With scoping and go-live separated by just 24 weeks, the March 2021 go-live represents the latest success of the Alfa Start implementation methodology.
Cloud-hosted and fully documented, Alfa Start projects deliver the enterprise Alfa Systems platform rapidly, with project plans, configuration and system integrations all predefined. Their preconfigured nature means Alfa can empower its customers reliably and cost-effectively, without the need for additional process definition or configuration.
Daniel Bailey, Executive Director of Arkle Finance, said: “The partnership with Alfa has been incredibly productive and we have been amazed at the speed of this project. Alfa’s delivery has been so much faster than any other project or implementation we have tried, and the core functionality is making a huge difference to our operational efficiency.
“For example, with Alfa Systems we have full and immediate control over product configuration, enabling us to deliver flexible lending products to meet the needs of our clients. As well as this, fundamental tools like business processes and reports - instead of being a hindrance - provide us and our partner with greater insight.
“We see Alfa Systems as a platform for future growth, and we’re excited about the possibilities it offers us going forwards.”
James Paul, Alfa’s Chief Delivery Officer, said “We’re delighted to have worked together with Arkle towards this achievement. A strong relationship has been essential to the success of the implementation, both professionally and personally. Arkle has been impressively open-minded, committed and decisive, embracing the Alfa Start methodology from the outset, and with senior stakeholders fully involved and on board. This success further endorses the Start model and makes the proposition more compelling for future prospects.”
This was Alfa’s second Alfa Start project for the UK equipment finance market, after Hampshire Trust Bank. Alfa Start also serves the US automotive finance market, in which various implementations have been delivered or are currently in progress with clients.