Point of Sale system, powered by N4, increases firm's sales by 22%
The Point of Sale (POS) system powered by N4Solutions, the UK's leading provider
of distribution and fulfilment technology for mortgages and financial planning,
has increased a firm's sales by 22%.
A leading, Surrey-based, financial consultancy firm, Rock Financial Consultants,
an Appointed Representative of Intrinsic Financial Services, has seen a 22% increase
in sales since the introduction of the Intrinsic POS platform, powered by N4, twelve
months ago, due to significant increases in efficiency.
Key reasons for increased sales:
- Increased efficiency
- Decreased business processing time
- Decreased administration for consultants
The POS system has directly impacted profit figures, through additional turnover
and productivity at Rock Financial Consultants. Business volumes have increased
by over 20% but total administration costs have remained constant resulting in reduced
costs per case.
David Carter, director of Rock Financial Consultants, says; "Quite
simply the POS system has enabled our consultants to do more business per head.
POS is a state-of-the art system within our industry and it is good to be working
with a company utilising systems at the forefront of financial services technology."
George Higginson, sales operations director, Intrinsic, says; "The
Point of Sale technology offered by N4 provides a straight-through processing capability,
allowing advisers to use their time more efficiently. We are delighted that this
has been reflected in sales turnover at Rock Financial Consultants and confident
that it will continue into the future."
For more information please contact:
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Karyn Middleton
N4 Solutions
01285 852210
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Vaughan Andrewartha
Votive Communications
0207 402 2448
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N4Solutions (N4), N4Solutions (N4), founded in 1999, is the UK's leading provider
of distribution and fulfilment technology for mortgages and financial planning.
Developed by a management team with extensive financial services industry knowledge,
the technology delivers effective and efficient distribution and fulfilment technology
solutions comprising a complete suite of components supporting the provision of
Mortgage, General Insurance and Financial Planning advice, within regulatory frameworks.
Based on industry-standard technologies the architecture facilitates ease of integration
with existing systems and can be deployed either in its entirety or as a selection
of components.
