Financial Terms Glossary

Efficiency Improvements

Formal

A general term that denotes the more efficient operation of a business. It covers eliminating wastage, cutting down costs, higher revenue per head, and many more. Many employees claim efficiency improvements but few measure their delivery. Real efficiency improvements can always be measured in cash - don't believe anyone who claims otherwise.

Informal

'Oh... I am far more efficient today than I was 10 years ago'... OK so prove it in real cash terms, because these are all that matter. For example, PC's and IT infrastructure have undoubtedly saved employee time, so have made people more efficient. There is a clear investment spend on equipment and clear time saved. Many claimed improvements are not valid in cash terms, unless the business itself rather than the individual gains the measurable benefits.

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