Alfa Financial Software Strengths, Domain Expertise, and Key Differentiators
Alfa (formerly CHP Consulting) has been delivering systems and services to the global asset and automotive finance industry since 1990. Alfa Systems is used to administer both retail and corporate business, from point of sale, through originations, to contract management and remarketing. Alfa Systems manages both high-volume transactions and complex leases and loans, in any region, language and currency.
Alfa Financial Software Recent Developments
In September 2020, Alfa has revealed a significant new release of its software platform for asset finance, Alfa Systems. Alfa Systems 5.6 brings together 18 months of important new features. Highlights include: A comprehensive redesign of the user experience, Alfa Start a new preconfigured edition of the software, Support for risk-free interest calculation rates such as SONIA and SOFR, Usage-based billing and cash accounts, and Many other features and inhancements, including some important technical innovations.
In August 2020, Alfa released a new, preconfigured edition of its software solution - built exclusively for auto finance in the US. Alfa Start delivers the Alfa Systems platform at entry-level cost for US-based auto finance operations of all sizes.
Alfa Start delivers the Alfa Systems platform at entry-level cost for US-based auto finance operations of all sizes. Delivered quickly and cost-effectively, Alfa Start includes a preconfigured start position with predesigned process catalogue and a suite of out-of-the-box integrations. Start customers also benefit from an always-on, cloud-native solution with fully managed infrastructure and regular upgrades.
In November 2016, CHP Consulting, the makers of Alfa Systems rebranded to simply Alfa.
Alfa Financial Software Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Alfa Financial Software applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Alfa Financial Software and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Alfa Financial Software customers.
Alfa Financial Software Overview
Ownership: - LON: ALFA
Number of Employees: 390
Functional Markets: EPM, ERP Services and Operations Management,
Key Verticals: Automotive, Banking and Financial Services, Manufacturing, Professional Services, Retail,
Alfa Financial Software Key Enterprise and Cloud Applications
Alfa Financial Software
Alfa Financial Software Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Alfa Financial Software Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Alfa Financial Software Enterprise Applications Revenues By Functional Markets, $M:
Alfa Financial Software Enterprise Applications Revenues By Verticals, $M:
Alfa Financial Software Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Alfa Financial Software Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Alfa Financial Software Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Alfa Financial Software Customers
No. of Alfa Financial Software Customers: x
No. of Alfa Financial Software Enterprise Applications Customers: x
No. of Alfa Financial Software Cloud Customers: x
No. of Alfa Financial Software Cloud Subscribers: x
In June 2017, the company won 2 major customers, with contracts worth over $4 million. Alfa has 32 customers across 26 countries, 55% from Banking and Financial Services and 24% from Automotive vertical markets. In Europe Alfa has 23 customers, only from UK it generates $39.7 million of total revenue, while in the USA with 6 customers it accounts $54.5m. In Australia and New Zeland Alfa has 3 customers.
Some of their customers are Commonwealth Bank of Australia, John Deere Financial Services, PACCAR, Siemens Financial Services, Nordea Finance, Close Brothers Asset Finance, Santander, Standard Bank, HTB, Arkle Finance, PEAC Finance, Societe Generale Equipment Finance, Hitachi Capital Business Finance, Motability Operations, CarMax, Mercedes-Benz Financial Services, Toyota Financial Services, Bank of America, and many more.
Alfa Financial Software Market Opportunities, M&A and Geo Expansions
In early 2017, Alfa partnered with NuoDB, an elastic SQL database company. This affiliation brings value to Alfa's clients in the form of improved availability, better performance, and lower costs. NuoDB's elastic SQL database is designed to meet the needs of cloud applications without sacrificing the transactional consistency and durability that many applications demand.
Alfa Financial Software Risks and Challenges
Alfa company reported a 9.2% fall in revenue in 2019 to GBP64.5 million from GBP71.0 million.
Alfa Financial new contracts in the US have been cancelled due to the Covid-19 outbreak. It was also been asked by other customers to reschedule work.
Alfa Financial Software Ecosystem, Partners, Resellers and SI
Alfa has ten offices - in London, Munich, Paris, Stockholm, Warsaw, Sydney, Auckland, Detroit, Dallas.
Alfa Technologies has trusted partners over the years and the number is getting bigger every year. Some of the companies Alfa works with are Leasing Foundations, FLA, Leaseurope, ELFA, AFSA and many more.
In February 2020 Alfa Financial signed a global partnership deal with consulting firm Accenture. This Partnership is a fundamental part of Alfa growth strategy, and working with a partner like Accenture will help them accelerate efforts to deliver Alfa to customers who want to become digital leaders.
Alfa Financial Software Cloud Infrastructure Insights
Subscribe to read more about:
- Alfa Financial Software Public Cloud and Infrastructure (IaaS)
- Alfa Financial Software Platform (PaaS)
- Alfa Financial Software Application Delivery
- Alfa Financial Software Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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