Published on 08 April 2008

ALFA Systems was live at Close Asset Finance in November 2006, with further data migrations taking place in December 2006 and June 2007. Close Asset Finance recently entered the middle-ticket marketplace with the launch of Close Leasing Limited, extending its reach into larger ticket transactions.

The Close Asset Finance business model empowers its teams to innovate and go the extra mile to meet customer needs. The key challenge for this project was to maintain this dynamic, entrepreneurial culture while delivering common processes and the efficiency provided by a single system. Continuing its outstanding track record for project delivery, CHP implemented ALFA successfully across all divisions of Close’s UK back-office operations, providing better control and reducing duplication across business locations.

David Wilson, Operations Director at Close Asset Finance, commented: “A solid system platform is a fundamental building block for an asset finance company. Close is an acquisitive company and ALFA gives us the freedom to take on new businesses with the certainty that we can integrate them effectively and efficiently. For us to change the working practices associated with twenty years in the business was always going to be a challenge, but CHP understood our needs and helped deliver a genuine business transformation.”