Financial Terms Glossary

Cost Savings

Formal

So you want to invest to make your business more efficient. Well, how are you going to quantify the impact of your brilliant decision? Try 'cost savings' 'revenue acceleration' and 'reduced customer churn'. These are the measurable pounds, euros and dollars compared against the original investment cost to determine whether returns are acceptable.

Informal

Efficient businesses don't waste money! They run like well-tuned engines and don't carry 'fat'. They are more valuable because they maximise their profits and minimize costs. If a well-run business is asked to spend money on investment - the first question is 'how much will it save', followed by 'for how long?' and finally by 'will it improve our service to the customers?'

What we do

At Shark Finesse we have developed an enterprise-grade cloud application to help businesses standardise and simplify their value engagements across the entire customer journey.

Shark, a business value engagement platform used by 1000’s of customer-facing teams globally (e.g. pre-sales, sales, value teams, and customer success) is easy to use, intuitive and usable directly with the customer to negotiate the likely business returns from investing in a solution.

By adopting the Shark approach you will fundamentally transform conversations with new and existing customers, close more business, and differentiate from the competition.
Find out how

We'd love to hear from you!

Phone
+44 (0)1256 338635
Address
Grove House, Lutyens Close
Basingstoke, Hampshire
RG24 8AG, UK