CASE STUDY
Enhancing Strategic Planning and Operational Control for Social Housing
Located in the western part of the city, the London Borough of Ealing is one of the 32 boroughs that make up Greater London. Formed in 1965, the local government area has its own council, and is responsible for providing various public services, one of them being housing and social services.
This success story highlights how both, ProVal and Sequel, have been able to boost performance and improve delivery of social housing.
CATEGORY: ProVal & Sequel
NUMBER OF USERS:
20 ProVal users | 20 Sequel users
CHALLENGE
Ealing needed a reliable way to assess financial viability and manage housing development projects efficiently, ensuring cost control, timely delivery, and strategic alignment.
RESULT
The implementation of ProVal and Sequel has brought substantial value to the organisation by enhancing both strategic planning and operational efficiency.
Overall, these improvements have strengthened financial oversight, enhanced decision-making, and contributed to the long-term success of the development strategy.
REQUEST
The search for a Comprehensive Solution
The London Borough of Ealing sought a comprehensive solution that could:
- Provide accurate financial appraisals and viability assessments to support informed investment decisions.
- Deliver robust project management capabilities, including budget tracking, timeline control, and resource allocation.
- Integrate both strategic and operational oversight within a single ecosystem, ensuring seamless coordination between financial planning and project execution.
This led the Londong Borough of Ealing to choose ProVal for financial modeling and Sequel for project management.
ProVal eases detailed financial analysis, enabling precise forecasting and viability assessments, while Sequel streamlines project workflows, timelines and resource allocation. Together, these two tools combine to support project planning and execution, ensuring every initiative is managed with optimal oversight and strategic insight.
SOLUTION
From Investment Viability to Project Delivery
ProVal has addressed pain points by providing a reliable framework for evaluating the feasibility and profitability of construction investments. It allowed the organisation to perform detailed financial appraisals, including project costs, revenues, and overall return on investment. The tool helped in minimizing risks associated with investment decisions, ensuring that the organisation commits to projects that are financially sound and align with strategic goals.
On the other hand, Sequel has tackled operational challenges related to project management and financial oversight. With a clearer view of project expenditures and future financial commitments, it helped prevent overspending and ensure that budgets are adhered to. Not only helped financially but also on project delivery with its timeline management functionality, highlighting potential delays and allowing proactive adjustments to schedules and resources.
THE RESULTS
Key Benefits of ProVal and Sequel in London Borough of Ealing
Long-term Income Projection
By using advanced financial modeling, the organization can now better anticipate these cash flows and incorporate them into long-term financial planning, which supports more informed investment decisions and optimizes revenue generation strategies.
Clearer View on Expenditure
This enabled more effective budget management, allowing them to identify cost-saving opportunities and reduce financial waste. Real-time visibility into development costs and sales revenues has also facilitated more accurate forecasting and budget adjustments, ensuring that resources are allocated efficiently and supporting financial sustainability.
Data-driven Decision Making
Furthermore, these tools have empowered the London Borough of Ealing to make data-driven decisions regarding the performance and viability of its schemes. By providing insights into project profitability and potential risks, the organisation can now assess whether projects are meeting their financial and strategic objectives.