Our specialist teams work with you to improve the efficiency of running the finance function by leveraging the latest finance and accounting technology. Sophisticated technology such as data scanning and recognition software means we can also drive efficiencies and reduce the cost of maintaining financial information.
We will help you realise the potential of Cloud by implementing accounting platforms including Xero, QuickBooks, Twinfield and AccountsIQ. We can help you improve productivity and confidently provide timely management information by designing the right accounting solution to streamline and automates processes.
You can be confident that we have the right solutions to help. We bring a suite of solutions and a strong track record of successful projects. We deliver strategic, operational and technical finance and accounting system implementations.
Our services include;
- Accounting system:
- Independent selection
- Cloud accounting system
- Health checks
- Data migration
- After care support
- Finance business process review and mapping
- Cloud application advisory, implementation and integration
A property management client reliant on desktop accounting and property management software that wasn’t integrated with other systems approached us for support. The business spent a significant amount of time on manual processes and duplicate data entry. They were unable to manage their properties effectively, monitor cash flow or gain easy access to the financial information needed to run the business and meet bank covenant requirements.
How we can help you
We began by facilitating discovery workshops to review the existing legacy desktop applications and discuss the key challenges and requirements for the new system
Xero and Receipt Bank were identified as the right tools to enable automation and reduce manual data entry. Implementing these applications and providing training meant the client were able to process the data more efficiently and complete the reconciliations across the group in a timely manner
We project managed the implementation of the ‘Released’ application to effectively automate the property portfolio. We also conducted a review of cash flow requirements and consolidated reporting. The client was able to provide the better insights for the business in respect of its financial position.
The aftercare support provided included heath checks on the updated systems, additional training and preparing and tracking action plans. This was done working alongside the client to ensure they got the required results.
If you're looking to maximise productivity from your finance function, visit our 'Rethinking finance function of the future' hub to access curated insights and case studies.