Waterfall Works
AN EXAMPLE

The Full Waterfall

One operational question, traced from source to answer.

Some of the work we are asked to do is broad by design — never one size fits all. We start by understanding how demand, workload, capacity, people and process actually fit together for a business, then work out the operational course that's right for them.

In this example, we’re looking at a business that wanted its resourcing needs made visible across a number of real "what if" scenarios: what a seasonal spike in demand would actually cost them, and what pulling different operational levers could buy back.

It’s what we call The Waterfall

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Grouped

The business ran on a large number of small tasks. We start by finding where each one truly belongs in the end to end customer journey.

Log a new enquiryScore the leadCustomer creates accountVerify identityGenerate quote documentApply pricing rulesCollect application detailsRun credit checksVerify supporting documentsCross-check against watchlistsAssess against approval rulesGenerate approval letterCountersign the agreementSet up account accessSend welcome packCollect first paymentReconcile payment ledgerLog a support enquiry
Verification & ChecksPayment ProcessingCustomer RegistrationDocumentationSales LeadsOngoing SupportApplication ProcessingOnboardingQuote ProductionApproval Decision

Every task finds its category — the same ten we’ll walk through next.

Untangled

Then we work through each category and pull it apart — who does each step, whether it's manual or automated, how long it takes, over how many days, and how exceptions can change that.

Verification & ChecksPayment ProcessingCustomer RegistrationDocumentationSales LeadsOngoing SupportApplication ProcessingOnboardingQuote ProductionApproval Decision
Customer Registration
Customer creates their online accountAutomated1m
Verify email addressAutomated1m
Run a standard identity check↳ Assumed ID check failure rate: 10%Automated2m
Confirm contact & communication preferencesRegistration Advisor3m
Link customer record to their accountAccount Administrator2m
Send welcome email with login detailsRegistration Advisor5m
↳ If the check fails: Manual ID follow-upRegistration Advisor10m
Standard path
Unit Time: 14 Mins, Elapsed Days: 0
Exception path · 10% of cases
Unit Time: 24 Mins, Elapsed Days: 5

We repeat this for every process above, breaking each one down into its component parts.

Sequenced

We line the categories up into the real journey a case follows, start to finish.

Now that we know what happens within each stage, who does it, and how long it takes, we're ready to build the waterfall.

1Sales Leads
2Customer Registration
3Quote Production
4Application Processing
5Verification & Checks
6Approval Decision
7Documentation
8Onboarding
9Payment Processing
10Ongoing Support
Building the Waterfall

It's vital that a waterfall accurately reflects exactly what a business does, day to day — that's why we never use a standard template or approach.

Here are a few of the real assumptions behind this example: conversion rates, people capacity, and timing.

Conversion Rates
Quote → Application rate45%
Application → Approval rate80%
ID check failure rate10%12%
People & Capacity
Working hours per day7.5h
Holiday allowance10%
Sickness allowance3%4%
Timing & Cadence
Application conversion time5 days
Applications landing same month90%85%
Applications slipping to next month10%

There are many more like these — these are the ones that shape the model here.

Every one of these is editable — change the number, and the waterfall updates with it.

Sent Through

Now the waterfall is built — let's send 500 sales enquiries through it and see what it shows us.

500 sales enquiries enter in month 1 — every stage and every role shown, even where nothing has reached them yet.

Month 1Month 2
Sales Leads5000
Process Waterfall
Customer Registration3500
Quote Production3150
Application Processing1420
Verification & Checks1350
Approval Decision1080
Documentation1030
Onboarding0103
Payment Processing0103
Ongoing Support0103
Resources Required
Sales Advisor1.50.0
Case Manager2.50.4
Finance Officer0.00.1
Servicing Administrator0.00.3
Operations Manager0.40.1
Same 500 sales leads in Month 1 produce work in Month 2 because of the end-to-end waterfall.

Same rates as before — 45% quote → application, 80% verification → approval — real unit times and elapsed days at every stage.

A real year

Let's see the impact of adding a spike in sales in the summer.

M1M2M3M4M5M6M7M8M9M10M11M12
Sales Leads500500500500500500500500500500500500
Resources Required
Sales Advisor1.51.51.51.51.51.51.51.51.51.51.51.5
Case Manager2.52.92.92.92.92.92.92.92.92.92.92.9
Finance Officer0.00.10.10.10.10.10.10.10.10.10.10.1
Servicing Administrator0.00.30.30.30.30.30.30.30.30.30.30.3
Operations Manager0.40.50.50.50.50.50.50.50.50.50.50.5
Total FTE4.45.35.35.35.35.35.35.35.35.35.35.3
Additional Heads Needed0.00.00.00.00.00.00.00.00.00.00.00.0
The improvements

Now let's look at how we'd improve this journey — one realistic change at every stage, from first enquiry to ongoing support.

01Sales Leads

Enquiries land by email. Someone reads each one, pulls out the contact details and what they're asking for, logs it on the spreadsheet, then assigns it to whoever's free — and emails the team so two people don't call the same person.

Solution → Automate enquiry capture

02Customer Registration

ID documents arrive as photos or scans. Someone checks them by eye against the application, keys the details into the system by hand, and runs a separate identity check through another portal before the account can be opened.

Solution → Auto-verify identity and KYC

03Quote Production

A Case Manager pulls the customer's details together, works out the right price from the rate sheet, and builds the quote in a template by hand — checking the numbers twice before it goes out.

Solution → Auto-generate quotes

04Application Processing

The same details the customer already gave get re-typed into the application system, checked against the quote, and any gaps get chased by phone or email before the file can move on.

Solution → Auto-populate application data

05Verification & Checks

Every case is checked in full — documents re-read, figures re-verified, a second person signs it off — even though the large majority come back clean.

Solution → Sample-check instead of checking every case

06Approval Decision

A Case Manager reviews every file against the approval criteria and makes the call, even the straightforward cases that clearly meet every standard rule.

Solution → Rules-based auto-approval for standard cases

07Documentation

Once approved, someone drafts the paperwork from a template, fills in the case-specific details by hand, and checks it against the file before it goes out for signature.

Solution → Auto-generate documents

08Onboarding

A Case Manager sets up the account, posts or emails a welcome pack, and talks the customer through what happens next — one conversation at a time.

Solution → Self-service onboarding

09Payment Processing

First payment is chased and taken manually — a call or an email with payment details — then someone reconciles it against the ledger by hand.

Solution → Automated payment collection

10Ongoing Support

Every support enquiry, however small, lands with a Servicing Administrator to read, triage and answer individually before it's routed to the right place.

Solution → Self-service support triage

Try it — switch these on and watch the table below respond.

M1M2M3M4M5M6M7M8M9M10M11M12
Sales Leads500500500500500500900900900500500500
Resources Required
Sales Advisor1.51.51.51.51.51.52.72.72.71.51.51.5
Case Manager2.52.92.92.92.92.94.95.25.23.22.92.9
Finance Officer0.00.10.10.10.10.10.10.20.20.20.10.1
Servicing Administrator0.00.30.30.30.30.30.30.50.50.50.30.3
Operations Manager0.40.50.50.50.50.50.80.90.90.50.50.5
Total FTE4.45.35.35.35.35.38.89.59.55.95.35.3
Potential Savings0.00.00.00.00.00.00.00.00.00.00.00.0

At its peak (month 8) the spike needed 9.5 people — 9.5 with 0 of these ten changes applied, a difference of 0.0. Same demand, same team available — just far less of it consumed by manual work.

The full picture, start to finish.

01

Grouped

Many everyday tasks, sorted into where they truly belong.

02

Untangled

Each category pulled apart and fully understood: who does it, how long it takes, and what changes it.

03

Sequenced

Lined up into the real order a case follows, start to finish.

04

Build the waterfall

No template — this business's own conversion rates, capacity and timing. Whatever truly impacts the flow of work.

05

Find the base

500 enquiries run through the model. The true resourcing need became visible.

06

Pressure test

A seasonal spike, modelled as a real ‘what if’ — to see exactly how the resourcing need moves.

Now you can see exactly what's worth changing, and why. The decision is yours — but we're still here to make it happen when you are ready.

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