At a Glance…
Challenges:
• Clunky accounting software.
• Manual bookkeeping processes.
• Lack of integrated solutions.
Benefits:
• Cost savings.
• Streamlined workflows.
• Ability to utilise all tools and evenly distribute workload over the month.
• Increased control.
Objectives:
QED Scientific are at the point where they need access to real-time information, to help make strategic decisions, faster. They wanted to have increased automation around the finance workflows, to minimise the time spent at month-end and year-end reporting.
Solution:
After a thorough review of their workflows, it was clear that Sage 50 wasn’t allowing them flexibility and they couldn’t adopt much automation. What did we do:
• Sage 50 to Xero conversion.
• 2-phased approach for Xero training.
• Streamlining of workflows to minimise data entry.
• Saved them money.
Benefits
- Reduced burden of manual data entry
With Sage 50, they were inputting invoices manually, along with the manual bank reconciliation process. The move to Xero has allowed them to utilise bank feeds and other automations within Xero. - Access to real-time reporting
One of the biggest benefits for them has been being able to see all the information when they need it. It’s made reporting clearer, and easier. - Cost savings
The move from Sage 50 to Xero, not only saved them licencing costs, but has also save them time when it comes to bookkeeping, and also, working cross functionally.
Sarah Ashton, Finance and Office Admin said:
“Once we made the decision to move over, Keaton and Dave worked together and once the move happened Keaton took over and has been there to support us. Working with both has been positive.”
