UK-based architectural firm Broadway Malyan has gone live with a new integrated accounting and project management system to streamline its operations spread across different geographical locations.
The new system will automate the company’s business processes, combining Cubic Interactive’s Rapport 3 software with online accounting software provided by Twinfield, part of the Wolters Kluwer Tax & Accounting division.
Broadway Malyan expects that the new system will help the company save on costs by moving accounts to cloud.
Broadway Malyan associate director Anne Howard said that Twinfield is providing the company with a scalable system, which will allow it to standardise its processes across all of its businesses in every region and increase its visibility.
"This initial phase is expected to result in significant cost savings of up to 50%," Howard said.
In August 2011, Broadway implemented Cubic Interactive’s Rapport 3 practice management software for HR management, contact management and quality assurance.
After implementing the practice management software, the company integrated the Rapport 3 software with Twinfield’s online accounting software.
Completed in around seven weeks, the integrated system helps in automatically updating all sales and purchase accounting data, together with all expense data from Rapport 3 into Twinfield.
Exchange rate for any currency is transferred from Rapport 3 automatically, helping the company to operate its business in a multi-currency environment.
Broadway was previously using an ageing financial system, Progression by RedSky, based upon an Oracle database, which had only limited integration capabilities into Rapport 3.
The architectural firm’s six UK offices and its Madrid office were the first to implement the solution on 1 May 2012.