Financial Terms
Glossary

Write Downs

Formal

The restatement - downwards - of the value of any company asset following new information about its value.

Informal

One night I tell you I completed a great deal. The day after I tell you what I bought yesterday is now obsolete - a newer product has just appeared on the market. How much did I just lose? That's the Write Down.

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.