We are working with some start up companies who are looking at requiring 3 locations.  They originally saw they would need 3 accounts packages, 3 bookkeepers and receive monthly accounting information perhaps 2 weeks after month end.  Using Newmarket's solution they can have all the information input online to one package and view it anytime day or night from anywhere worldwide.  Again, other than set up there is no up front cost to purchase software.  They may not even need an expensive server- more savings!  They are also looking at outsourcing the bookkeeping as the person inputting will not need to be in the office.  They can just as easily work from home.

Because it is all online Newmarket will be providing a cost effective service tailored to the company's needs to include

• software helpline
• monthly/ quarterly financial review and reporting
• annual budgets
• cashflow management 
• annual accounting, audit and tax compliance

The package is particularly strong at providing graphic analysis of how performance is reported.  An example would be the graph showing an analysis of current top ten debtors.  This can be adapted to suit your needs to get the information you want at your finger tips.
We find that many readers of accounts prefer this approach as it allows them to instantly interpret performance and take corrective action.
From an operational point of view invoicing can be done electronically eliminating further postal costs.  All in all it will support a near paperless environment.

To date its flexibility has been equally beneficial to new start-ups who want a package that can grow with them, companies who need to upgrade but don’t want expensive outlay, or even companies looking to save costs but not reduce the quality of information.

Bottom line is that it will help business operate more efficiently and cost effectively.

Contact Gary at gary@newmarket.ie for a free consultation and demonstration