Customer Success Stories Successful ERP Implementation - FixNetix

FixNetix

London Financial Firm Upgrades to Acumatica, Trades Data Problems for New, Flexible ERP
Acumatica Cloud ERP solution for FixNetix

About FixNetix

Location: Headquartered in London, with offices in Boston, New York, and Tokyo

industry: Services

Website: http://fixnetix.com

Application Replaced: QuickBooks
"Within two months, we reduced the work and time spent preparing management accounts. It used to take 10 work days to complete what now takes 7 days."
Shaun Jackson, Director of Finance at FixNetix

Shaun Jackson
Director of Finance

Key results for FixNetix

  • Improved financial reliability

  • Gained flexible subaccount structure

  • Boosted employee productivity, saving days of work

  • Gained multi-currency reporting and consolidation

  • Improved financial reporting capabilities

  • Reduced reliance on accounting, boosting productivity

  • Challenges
  • ERP Solution
  • Outcome

Challenges

Fixnetix needed to:

  • Upgrade from Quickbooks
  • Find a robust system that was still easy-to-use
  • Increase reporting speed and detail
  • Have multi-currency capabilities
"We found Acumatica to be a very good value compared to the total cost of the other mid-range ERP systems we reviewed."
Shaun Jackson, Director of Finance at FixNetix

Shaun Jackson
Director of Finance

ERP Solution

Acumatica partner Tascoli (Cloudaccountinguk.com) frequently fixed Fixnetix’s QuickBooks data errors, which led to a conversation about changing vendors and an introduction to Acumatica, says Shaun Jackson, Director of Finance for Fixnetix.

“We were just looking to fix the errors at the time, but once we learned about Acumatica and reviewed other cloud products, we decided to implement Acumatica,” Jackson says.

ERP Solution implemented

Outcome

“Within two months, we reduced the work and the time spent preparing management accounts,” he adds. “It used to take 10 work days to complete what now takes 7 days. Most of the time savings is due to the automation of billing and deferred revenue/expense. Before, we had to manually generate invoices and deferred postings via journals, which was very time-consuming.”

Jackson says Acumatica’s pricing structure helps them save money. “No longer is there a cost implication in rolling out the system to new users,” he said. “We will be extending the system to the consulting employees, who outnumber the accounting team, but there is no additional software license cost.”

Acumatica Cloud ERP Mobile
Application replaced:
QuickBooks

Most companies got their start using Inuit’s QuickBooks for their financials. But there comes a time when QuickBooks is just not enough. If you’re ready to take the next step, see what Acumatica has to offer.

Acumatica Customer Speaks Out

Learn what they really think about cloud ERP in this Gartner Peer Insights report.