Product category:
Software
News Release from: Exchequer Software | Subject: Exchequer Enterprise
Edited by the Buildingtalk Editorial
Team on 04 February 2005
Exchequer Enterprise software saves time
and money
Independent house builder will save four to five days per month by automating finance function.
Independent house builder, Barry Howard Homes , has placed an order with Exchequer Software for its business and accounting software, Exchequer Enterprise The new system will save the company four to five days per month as a result of streamlining financial processes, reducing manual administration and improving the production and availability of management reports across the business
This article was originally published on Buildingtalk on 26 Nov 2003 at 8.00am (UK)
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Barry Howard Homes is part of the Barry Howard Group Plc.
The business has developed and dramatically expanded since its establishment in the 1990s.
Barry Howard Homes is one of the Midlands region's larger independent house builders now developing in excess of 120 dwellings units per annum.
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The company portfolio includes new homes, renovation of buildings and listed buildings.
The implementation of Exchequer Enterprise will provide Barry Howard Homes with a flexible, scaleable and resilient financial infrastructure that will underpin further business growth as the company looks to continue its rapid expansion in the Midlands region.
Neil Brawn, Group Financial Controller at Barry Howard Homes, says, "With Exchequer Enterprise we will be able to drive down manual admin processes within the finance function, which will free up the time of finance staff to focus on analysing business performance rather than number-crunching".
" We will also be able to produce far more sophisticated management reports which provide 'real-time' information and enable us to analyse the profitability of any home or building within our portfolio." He continues, "We expect that Exchequer Enterprise will save us around four to five days per month as a result of the level of automation that the system enables within the finance department".
" In an industry as competitive as ours it is essential to have robust IT systems that can help us to be more agile and responsive as a business whilst providing us with the relevant Key Performance Indicators which will drive further expansion." The versatility of the OLE report writer within Exchequer Enterprise will bring significant benefits to Barry Howard Homes, as it provides a seamless link between Microsoft Excel and the financial management data held within Exchequer Enterprise.
By producing management reports within Microsoft Excel, Barry Howard Homes's management team will have visibility of financial information in a familiar and user-friendly format, which makes it very easy to analyse and interpret business performance.
Barry Howard Homes has invested in the region of £20,000 in Exchequer Enterprise and the system is expected to go live in January 2005.
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