Brought to you by
pegasus
We’ve been creating market-leading accounting software since 1981 and in that time we’ve come a...
Save content
Have you found this content useful? Use the button above to save it to your profile.

Prima Systems chooses Pegasus Construction Industry Solutions

6th Nov 2006
Brought to you by
pegasus
We’ve been creating market-leading accounting software since 1981 and in that time we’ve come a...
Save content
Have you found this content useful? Use the button above to save it to your profile.

Customer Profile

Based in Kent, Prima Systems specialises in the design, manufacture and installation of fenestration products. Prima employs a total of 30 employees and has a turnover of approximately £5 million a year.

Challenge

Prima required a construction system that conformed to the requirements and regulations of HM Revenue & Customs (HMRC), was able to cope with the complexities of record keeping and was easy to use. Prima looked at the construction package, Sage Construct, but didn’t find it to be good value for money. Sue Halfpenny, Finance Director at Prima explains:

“We’ve spent years looking for the right construction package and have been very disappointed every time we’ve looked at what is on the market - until we saw Pegasus CIS.”

Solution

Prima attended a seminar on Pegasus CIS where they learned about the upcoming legislation changes to the construction industry and how important it was for their company to become compliant with the new rules. Pegasus CIS conforms to the requirements and regulations of HMRC Construction Industry Scheme – both now and when the legislation changes in April 2007.

From attending the seminar, Prima could see that Pegasus CIS would be the ideal solution for them. Sue explains:

“We learnt a lot from the seminar and how crucial it is to be using a system that meets the requirements of the new construction legislation. We could see how it would integrate with our existing Pegasus Opera II system in seconds - it was the obvious choice for us.”

Results

Sue found the training to be straightforward, smooth and easy to pick up:

“If I was a programmer, I would have written Pegasus CIS in precisely the same way - it does exactly what I want it to.”

Prima is using the Contract Sales Ledger extensively and find this module to be priceless. For Prima, knowing when payments are due is critical to successful management of cash flow within the organisation. Pegasus CIS comes with comprehensive aged debtor reporting features to allow payments to be monitored. The Contract Sales Ledger is self contained and works in conjunction with the Accounts Sales Ledger. The Contract Sales Ledger allows Prima to maintain details of current Payment Applications, together with all previous Applications; it also contains information on current and cumulative revenue values, together with retention, main contractor discounts, contras, and so on.

Prima has found the system to be a great time saver and implementing the system has cut Sue’s work down by half. Prima is also very impressed with the integration with their existing Pegasus Opera II accounting system. All job-related data is entered into the Pegasus CIS system, which updates other areas, such as the Purchase and Sales Ledgers, with invoices, cash receipts and payments.

“It’s absolutely brilliant; we haven’t had any problems at all and now we have greater control of our finances. We have a single user system at the moment, but we’re definitely looking to increase users to 4-5 soon. I would definitely recommend this solution to anyone looking for a construction package.”

After Prima attended the seminar organised by their Pegasus Partner on the construction industry and learnt about the changes, they booked another course in order to stay up to date with legislation and to remain compliant.

For details of your local Pegasus Partner and more information on the advantages Pegasus Construction Industry Solutions could bring to your business, contact the Pegasus Team on 0800 919704; alternatively e-mail [email protected] or visit www.pegasus.co.uk/findapartner.

Partner Connection

Pegasus delivers Opera II through a network of Certified Partners. Prima chose Operational Accounting Systems, a Certified Partner based in Kent.

“Our Pegasus Partner is just down the road, but we have only ever needed them for telephone support and training, we haven’t had any major issues with Opera II or CIS to call them out.”

Tags:

Replies (0)

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.