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Housing associations are facing unprecedented business challenges. Changes to housing and welfare policy combined with the drive to build more homes across a range of tenures with limited government support has required providers to adopt a more commercial approach, seek to drive efficiency and be prepared to take more risks.
It means boards and executive teams need to be on top of their game and fully understand the complexities of the business and implications of their decision making. They must also be able to prove the numbers stack up when the HCA comes calling.
This is where i4H comes in.
A Fresh Approach
i4H is a new insight tool designed to help drive improvements and deliver value for money using data analytics. QAHC, HACT, Beevers and Stuthers and the Northern Consortium have developed a new service which has a real collaborative ethos, ensuring that we consistently meet your needs and continually improve to maximise the benefit to the social housing sector.
The i4H platform will ensure succinct dashboards and charts as well as unique bespoke insights and recommendations.
We will be promoting our partnership at the NHF Housing Finance Conference in March with guest speaker and MD of i4H, Gursh Lail & Sue Hutchinson Social Housing Partner, Beever and Struthers.
The i4H team will take away the burden of data collection by completing cost centre mapping and employee allocation reviews.
The i4h partnership is guaranteeing faster more responsive peer performance insights, delivered at a significantly lower fee. (See VfM Analytics page)
The partners will also be collaborating to provide you with a range of innovative and data driven projects. This will benefit your association by providing deeper insights to enable you to deliver quality services based on wider analytical data. See Further Insights section
We are presenting at the finance conference
After rigorous testing in the sector with over 30 organistions, we know it will transform the way organisations undertake peer comparison performance reviews and use analytics to gain greater insights. But don’t just take our word for it.
Up to date data will be available for your self-assessment including forward looking forecasting.
i4h provided an excellent service, as they did all the data collection and delivered the analysis quickly and in an understandable format. i4h were also very proactive in providing advice and further bespoke analysis in areas we wanted to improve.
We will be using this data for our 2016/17 VfM Self-Assessment".
''i4h were great in working with us to understand our benchmarking figures and sense check our cost mapping. The tool, developed by i4h, combines financial, performance and satisfaction information to produce a metric which is easy to compare with peers. i4h analysis for us also consisted of a logical dashboard which allowed for key value for money information to be viewed at a glance and forms an ideal starting point for any investigation into organisational efficiency”.
''The data collection process for the 15-16 analysis proved to be quick and easy and only relatively few queries meant it felt really efficient – certainly the turnaround time for the production of the outputs was very good''.
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i4H will provide complete VfM analysis including new sector efficiency indicators, statutory accounts analysis, in-depth cost per unit, financial analysis, operational performance and customer satisfaction.
"The data collection process was uncomplicated and easy to complete, which came as a pleasant surprise. i4H spent a few hours with us and then went away and did the rest. The methodology is clear and simple and we liked the report format. The report was well received by our Board of Management. We will definitely be using this service again next year".
ANALYTICS FOR SOCIAL HOUSING
A NEW DIMENSION