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Intelliflo announces profits of £3.6m

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  • 23/04/2014
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Business management provider Intelliflo has announced it has increased the subscription base to its software from 8,864 to 10,292 in the year to December 2013.

The firm’s results confirmed annual turnover has also increased by 9% from £12.6m to £13.8m. Profit remained broadly flat at £3.6m.

Intelliflo offers software Intelligent Office largely for advice firms with assets under advice of £150bn as at 31 March 2014.

Nick Eatock, chief executive officer of Intelliflo, said: “We are delighted to announce these results and it is hugely encouraging that our sales continue to increase. We work closely with our clients, continually enhancing Intelligent Office to ensure that it offers the most efficient and cost-effective solution available and that it meets users’ ever changing needs.

“Intelligent Office currently has over 11,000 users across over 1,150 firms and with 2014 already looking particularly strong, we expect this to rise further as more advisers turn to technology to increase business efficiencies in a straightforward and effective way.”

Intelliflo launched its mortgage adviser practice software in November 2011.

 

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