Corporate Excellence Awards 2020
focus on modernisation, Tide enables its customers a quick and simple process to open up a business account, with no need for booking appointments and approval processes as everything is managed online or via the Tide App. One of its most popular features is the ability for customers to register their new business on Companies House, apply for a bank account and set up a virtual office address in one easy application, something that in not offered anywhere else. In September, Tide joined forces with ClearBank and were awarded £25 million pounds to help UK SME’s turn their recovery from coronavirus into an opportunity for growth. The partnership allows them to provide financial support and products to SME’s against the challenges of the recent coronavirus pandemic and also post Brexit. In addition to this, Tide has also set-up a Covid-19 Help Hub to support its customers and indeed any other SME’s looking for support through this difficult period. Looking ahead to what the future holds, as SME’s in the UK continue to battle ahead through the effects of the Covid-19 pandemic, Tide will continue to pursue its mission of becoming the UK’s leading challenger in business banking, and remains dedicated to supporting all small and medium sized businesses with their banking needs. Ready For Business Launched in 2017, Tide is a leading business banking platform solely focussed on supporting small and medium sized business in the UK with their digital business banking services. As winners in the 2020 Corporate Excellence Awards, we took a look behind the scenes to find out more about this remarkable platform and how it has established a reputation for being one of the best SME business account services providers in the UK today. With just short of six million small and medium sized businesses in the UK, SMES are undoubtedly the backbone of the UK economy. Each year SME’s generate billions of pounds in revenue, however these businesses face many challenges when it comes finding solutions for their banking needs. With a lack of support from banks and the frequency of products and services on offer not meeting their needs or expectations, SMEs are left struggling. Transforming the SME banking sector is Tide, one of the only large-scale digital business banking platforms in the UK today. Tide serves SME’s of all shapes and sizes, and by studying them intently is able to offer a service that’s helpful, saves time and reduces costs. The platform understands that SMEs are incredibly diverse and have very different business models, but when it comes to the challenges these businesses face, the majority of business owners encounter the same problems when it comes to their banking and admin needs. As such, Tides main focus is to ensure that each customer is provided with products and services that truly help them to succeed, and allows them to focus on the growth of their business. Currently, Tide provides business current accounts and smart financial admin services to more than 250,000 SME’s across the UK. With a strong Issue 12 2020 209 Company: Tide Contact: Sarah Penney Website: www.tide.co Oct20248 Jul20457 This is where Excelledia comes in. Excelledia decided to create the solution which will suit their clients’ needs. The consultants who understood the needs, as well as the expectations of their clients worked with the software development team within the firm to create their own enterprise management system; isorobot. Initially designed for their initial customers, isorobot was never intended to be sold for commercial use. Excelledia found that there was a greater need for their system within the market than they had originally thought. isorobot is one of the first intelligence business (ISO) management software. Designed with some of the very best practices of several ISO standards – isorobot stands out from the crowd. Looking ahead to what the future holds for the firm, Muhammed and the team at Excelledia will continue to deliver an exceptional service to clients, which not only meets their requirements but exceeds their expectations. With the phenomenal success the firm has seen with isorobot software system within the Middle East, Excelledia was able to expand their reach even further to Lisburn, Northern Ireland. As a relatively young company, we are certain that Excelledia will have continue to rise in the industry in the years to come. Company: Excelledia Digital Innovation Website: www.eiuk.org Making Transformation Possible With offices across the globe, Excelledia Digital Innovation is a leading business improvement and management consulting firm, which helps countless organisations to become more efficient, effective and financially profitable. Following their recent success in the Corporate Vision’s Corporate Excellence Awards, we decided to take a closer look at the firm to discover more about Excelledia’s meteoric rise to success and the innovative solutions the team effortlessly provides. For more than a decade, Excelledia has been providing best practice business optimisation solutions to implement process, organisation and technology improvements for a vast range of businesses. Founded by CEO, Muhammed Farooque in 2010, Excelledia has offices located in UAE, Qatar, Netherlands, Kuwait, India and most recently the United Kingdom. Since its inception, the firm has continued to be successful as they rapidly expand within the industry. Starting their operations by providing consultancy services to businesses, this was just the beginning of Excelledia’s operations. Today, the firm have established wonderful relationships with their client base through the consultancy side of their business. However, the team noticed that their clients had a consistent battle with a management system solution to help them improve their business operations. Following numerous suggestions offered to their clients, businesses saw that there was no solutions which were the perfect fit. The management systems which were available on the market focused solely on separate operational factors, nor did they communicate clearly or frequently enough to help the business effectively.
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