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IRIS Exchequer fights off competition to win first Softworld order

7th Apr 2008
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The London Academy of Music and Dramatic Art has placed an order for the IRIS Exchequer Accounting and Business System as a result of a first meeting at the recent Softworld Exhibition.

Although the Academy had, in principle, made up their minds to specify another, the IRIS Exchequer team managed to persuade them to at least look at the award winning financial management system. The result: an order for a full financial system comprising modules for Core Financials, Project Costing, Paperless, Sentimail for proactive alerts that can be sent by e-mail and text, the Visual Report Writer and Payroll. The full and comprehensive integration between the accounting system and the payroll system was central to the decision to implement IRIS Exchequer as it removed any risk of data mismatches and errors.

Cyril Wood, Director of Finance and Administration for the Academy said: “We were most impressed with the level of expertise demonstrated by the IRIS Exchequer team at Softworld. Their in-depth understanding of accounting procedures persuaded us to take the discussion further.”

The implementation of the IRIS Exchequer system is expected to return significant time savings for the Finance department, especially with the ease of reporting. Cyril particularly likes the links to Excel that are a feature of the accounting system and he commented: “If you are familiar with Excel and the way in which it works, it means there is no learning curve. We are not a big organisation and the amount of time we have to spare in each day is extremely limited, so we need a system that is easy to use and will save us time. IRIS Exchequer won on three counts: its ease of reporting, its integrated payroll system and its cost.”

It is the first visit to Softworld for 3 years for the IRIS Exchequer team. Stuart Dawson, Managing Director commented: “We are delighted that the London Academy of Music and Dramatic Art has specified IRIS Exchequer as its system of choice. This particular order win is an excellent example of the way in which Exhibitions can bring potential customers and suppliers together. We are looking forward to a long and successful relationship with the Academy.”

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