Alfa completed an implementation of its Alfa Systems platform with Arkle Finance using its Alfa Start implementation methodology.

Arkle Finance, an equipment finance company in the UK, engaged Alfa in October 2020 and the project was completed in March. Using the Alfa Start methodology, the scoping and go-live of the implementation were separated by 24 weeks.

Cloud-hosted and fully documented, Alfa Start is designed to deliver the Alfa Systems platform rapidly, with project plans, configuration and system integrations all predefined.

“The partnership with Alfa has been incredibly productive and we have been amazed at the speed of this project,” Daniel Bailey, executive director of Arkle Finance, said. “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 forward.”

“We’re delighted to have worked together with Arkle towards this achievement,” James Paul, chief delivery officer for Alfa, said. “A strong relationship has been essential to the success of the implementation, both professionally and personally. Arkle have 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, with the first completed with Hampshire Trust Bank.