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Whisky group selects Twinfield UK for its cloud-based accounting

20th Mar 2015
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The Loch Lomond Group has selected Twinfield UK, Wolters Kluwer’s online accounting service, for its cloud accounting platform. The independent distiller and blender of some of the finest and rarest scotch whiskies in the world will use the solution across its two distillery sites in Campbeltown and Alexandria and its bottling and warehouse site in Ayrshire, Scotland.

The company chose Twinfield as it required a cloud accounting solution that could be implemented easily and quickly ahead of its new financial year.

“We needed a solution that could be implemented across multiple sites – as our users are not always based at the same location,” says Laura Cummings, Financial Controller at Loch Lomond. “Previously our accounting system had to be locally installed at each site in order for staff to gain access. This could be particularly frustrating if staff needed to access information from home or from a different site to where they were usually based.”

Cummings continues, “I had used Twinfield at my previous company, therefore I was confident that it would meet our requirements and that the team of six would be able to work from the same system, enabling any changes to be automatically updated and shared across users. Prior to using Twinfield, one member would have had to make updates on a central system which was both time consuming and also limiting to how much could be done.”

Having implemented the cloud solution in October, Loch Lomond is already seeing a number of benefits – not least that they are now more productive due to the time savings they have made using Twinfield. In addition, they are able to run regular reports in order to help bring greater connectivity, collaboration and intelligence to business and financial planning.

Cummings explains, “We’re now able to capture data instantly at a customer level providing valuable insight into trends. Previously we would have had to do this offline and it might have taken a week to gather all of the information. We are using Twinfield as a database, capturing all the data at the source and then using the time we have gained to add additional value to the business.”

Diane Williams, Managing Director of Twinfield UK, comments: “Cloud accounting is helping organisations such as Loch Lomond to gain greater insight for business and financial planning. It also brings speed, accessibility and ease of use to users right across the organisation and empowers those using the system with real-time data to support operational and strategic decision-making.”

About Wolters Kluwer

Wolters Kluwer had 2013 annual revenues of €3.6 billion, employs approximately 19,000 people worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt programme. The ADRs are traded on the over-the-counter market in the US (WTKWY).

Follow @wolters_kluwer and @wolterskluwerUK

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