Worky Gained A Strong Accounting, Inventory Management Solution For Continued Growth Across Its Business
Ray Nolan, Founder, Worky
Founder of Worky, Ray Nolan, explains,
Having setup a new operation , we needed to implement a solution quickly . We initially looked at buying an on-premise accounting package and the required servers and infrastructure but AccountsIQ was recommended to us and we were able to implement a full solution within 4 weeks at a fraction of the cost of installing an on-premise solution.
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The Challenge
Worky needed a strong accounting, order processing and inventory management solution for continued growth across its business. They needed accounting software which would allow them to gain a broader understanding of their revenue streams by analysing their operations through the use of departmental analysis group and codes. It was essential that the software could be accessed online at all times by any of the accounts team.
Ray Nolan, Founder of Worky, explains,
We trade all over the world and in this case needed a solution that was available to the local operation but was also accessible by us remotely. AccountsIQ provides us with a solution that is simultaneously accessible to everyone without us having to worry about the IT infrastructure to achieve this. It allows us to closely monitor profitability of the operation and participate in operational decisions on pricing etc. when required. We are delighted with the solution and particularly the reporting capability and have found the support to be excellent.
Solution
Worky chose to adopt AccountsIQ for all its financial requirements consisting of:
- AccountsIQ online accounting system
- Full multi-currency processing
- Inventory management including ability to roll up landing/shipping costs
- Control over sales pricing with ability to change to suit market dynamically
- Local withholding tax requirements
- Consignment profitability reporting
Key Benefits
- Single system with online access for teams in Ireland & Africa 24/7
- Simple monthly fee with no upfront capital cost on local servers etc.
- Strong sales and profitability reporting – no need to export to Excel or re-key anything
- Extensive functionality and scalable