StarLeaf manufactures a complete range of next-generation video calling and video conferencing products, which are affordable, easy-to-use, and easy-to-deploy. StarLeaf also provides a comprehensive, cloud-based management service.

Products in Use: FinancialForce Accounting; FinancialForce Billing

Company size: Small

Previous system: QuickBooks

Location: Rickmansworth, UK

Industry: Telecommunications

Our processes are more efficient and accurate with month end close reduced from a month to less than a week.

Daren Bigmore, Finance Director

Business Issues

  • Quickbooks unable to provide global financial picture and flexibility for growth
  • Hong Kong and US subsidiaries on separate financial installations from UK office
  • Manual rekeying of data time consuming and inefficient
  • Unable to track service expiry dates
  • Closing prior month’s books took up to a month involving to and fro with overseas offices reviewing spreadsheets and sending adjustments via email
  • System’s inability to handle multi-currency transactions

We are only just beginning to use the full extent of FinancialForce Accounting’s capabilities and we are already seeing efficiencies from running our finance system in the cloud on the platform.

Daren Bigmore, Finance Director

Benefits & Results

  • Manual sales invoice preparation eliminated reducing errors and saving time
  • Can deal with outstanding payments proactively due to better visibility
  • Access to more company financial performance metrics than before
  • Timely and accurate financial information with one view across all offices
  • Prior month’s books closed from four weeks to less than a week as all offices have the same view and Finance Director in UK can make adjustments for overseas offices himself
  • Consolidated view of financials can be run whenever needed
  • Collaboration across teams and offices is now common practice
  • Scalable solution to grow with the business
  • Multi-currency capabilities have provided more streamlined processes