September 07
Featured in Computer Weekly
Although client server finance systems have proved their worth, browser-based software can offer lower set-up costs and predictable charges. Symmetry bluQube is an example of a financial and management accounting system that is completely web-based, and is designed for use by non-finance professionals.
The system is aimed at companies that have a turnover of £3m to £250m, and up to 8oo users, and it can integrate with other financial systems. According to the supplier, the product was designed to simplify the complexities faced by finance professionals.
Infrastructure asset management software company Exor migrated from two standard desktop accounting packages to Symmetry bluQube when it needed to extend its finance system to support the firms global expansion.
Kay Quance, Exor's finance director, said, "The old system would regularly fall over; we would lose data and it was just too slow. We also needed to increase our level and sophistication of reporting, both for our investors and to individual departments in the business."
After Exor moved to bluQube , Quance said the firm gained a more structured approach to implementation and integrating with other applications, such as Order Book. "With Bluqube, there is full integration, which means that we only have to enter information once. And because this is shared with the core accounting system, we can produce more detailed and meaningful reports.
"Our month end used to take two people up to a week, now it is done in a couple of days," said Quance.
bluQube costs between 20,000 and 180,000 , depending on the products selected and the number of users.
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