CBoxx was founded around a unique project for Skipton Financial Services to build a system that could foretell their financial future! An actuarially based calculation engine was designed and built by CBoxx to project the revenue streams that would be generated over the next three years, based on current new business volumes and split across every product type sold by Skipton. Seasonal variations were accounted for and a graphical, web based user interface was developed to enable the overall three year forecast to be viewed and then drilled down into business areas for closer analysis.
The accuracy of the data was ensured by integrating the system with an existing sales data warehouse and refreshing the projections on a monthly basis. By using the data warehouse the forecast could also be compared to the actuals, allowing the calculations to be tuned.
Later on, CBoxx were also contracted by Skipton to conduct an on site review of their commission reconciliation processes and then draw up a report and present recommendations to the board on how to automate those processes through the use of Origo standard commission feeds.