PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: Adastra Software Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Wales Council for Voluntary Action to Improve Reporting with Live Metrics Via Advancedís Finance Solution - Wales Council for Voluntary Action (WCVA) has gone live with Advancedís accounting solution Exchequer, as it looks to enhance reporting with access to real-time information - WCVA.org.uk / OneAdvanced.com
Wales Council for Voluntary Action to Improve Reporting with Live Metrics Via Advancedís Finance Solution

 

NewswireToday - /newswire/ - Slough, Berkshire, United Kingdom, 2016/09/20 - Wales Council for Voluntary Action (WCVA) has gone live with Advancedís accounting solution Exchequer, as it looks to enhance reporting with access to real-time information - WCVA.org.uk / OneAdvanced.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Wales Council for Voluntary Action (WCVA), the umbrella body for the third sector in Wales, has gone live with Advancedís accounting solution Exchequer, as it looks to enhance reporting with access to real-time information. The charity will save around 2,000 pieces of paper per year by going live with electronic document management at the same time.

The organisation went live with the technology in July 2016 and will also implement an integrated mobile app, eXchequer365, later in the year.

WCVA supports and campaigns for voluntary organisations and volunteers across Wales. The organisation was established in 1934 and today it has over 3,000 voluntary organisations as members.

The organisation was looking for a modern accounting solution to replace its previous system which required a lot of time-consuming manual work to enter data and produce reports. The Exchequer system was chosen from a shortlist of three software providers due to Advancedís tailored approach and the graphical dashboard reporting functionality. A key feature of the software was to be able to operate bilingually thereby providing members with a choice of communicating in Welsh.

Wilma Thomas, Director of Finance, Risk and Resources at WCVA, explains,
ďWe had been using our previous system for several years but it could no longer meet our needs. We needed a more integrated system that could future-proof the organisation by providing easy access to flexible reports and up-to-date information required to operate effectively.Ē

The solution is being used to manage all of WCVAís financial ledgers, project monitoring as well as e-banking. The organisation has also implemented Advancedís document management technology, which will scan around 5,000 invoices and expenses forms every year.

Exchequer enables staff to access real-time financial information and analytics, making it far easier and quicker to produce reports and forecasts as staff do not have to manually input data. The software will also automate the organisationís purchasing process, which was previously paper-based, to streamline procurement and enhance compliance. Staff can then spend the time saved on analysing and reviewing information.

Thomas says,ďWe want to move from quarterly to monthly reporting, which will be much easier with Exchequer because the information is automatically updated in real-time, and we can look at a wider range of metrics to assess performance. Exchequer also offers different ways of presenting reports, so we can make them more accessible for internal and external stakeholders.Ē

Deploying Exchequer will also reduce WCVAís environmental footprint, as staff can view and send documents online rather than having to print them out. Currently the organisation fills 12 lever-arch files every year using Exchequer it expects to cut this by half.

Later in the year WCVA (wcva.org.uk) will add the eXchequer365 application, which will enable staff across the charityís three sites to approve transactions and view and send documents. This will generate further efficiencies as staff in different locations will no longer need to send paper copies of documents to each other.

ďExchequer will have a significant impact, delivering time efficiencies for staff, freeing them up for more analysis and strategic work, and cost-savings by reducing paper consumption and administration. It is also scalable and will support our future growth and the introduction of any new services, such as offering financial services to our members,Ē Thomas concludes.

ďThe not-for-profit sector faces a number of financial pressures in the current climate, but having the right technology in place is crucial in tackling those challenges and ensuring vital services provided by charities are unaffected.Ē

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Adastra Software Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Wales Council for Voluntary Action to Improve Reporting with Live Metrics Via Advancedís Finance Solution

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Press Office - OneAdvanced.com 
+44(0)84 5160 5555 hello[.]oneadvanced.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Adastra Software Ltd securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Adastra Software Ltd / Company Profile


Read Software Most Recent Related Newswires:

NAKIVO VM Backup Appliance Based on Synology NAS Cuts IT Administration Time by 75% for Diam Group
OpenText to Acquire Guidance Software
Telecom Brokerage Fuels Rapid Growth with NetSuite
Northbridge Companies Keeps Resident Records Secure with Yardi EHR
Cloud Analytics Leader Birst Awarded 2 Broad Patents for Smart Data Preparation and Smart Data Discovery & Visualization
Chausport Reorganizes its Information System around Infor CloudSuite Fashion
Rocket Software Continues Modernization of UniData
Oracle Monetization Cloud Enables Recurring Revenue Models for Digital Services Providers
Bomgar Announces New Global Channel Program to Support Growth Initiatives
ForeScout Partners with ServiceNow for Improved Asset Management, Compliance and Security Response
IBM X-Force Red Launches New Services for Automotive Industry and IoT
IBM and University of Alberta Publish New Data on Machine Learning Algorithms to Help Predict Schizophrenia
PTC Named a Global Leader in IoT Platforms by IDC MarketScape
The Weather Company Collaborates with PurpleAir to Provide Community Air Quality Data Across its Consumer Properties
Pegasystems and Accenture Team to Offer Communications Service Providers Intelligent Customer Decisioning as a Service to Improve Customer Engagement

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  JobsWare.com





 
  ©2017 Newswire Today ó Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)