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CASE STUDY

THE CLIENT
 
Spangles Carwash Centres
"On-line accounting guarantees Management Reports are returned promptly, sometimes within forty-eight hours. This means we're able to review our financial position continually, secure in the knowledge it's up to date and accurate."
Stephen Schindler
Managing Director, Rosch Corporation
THE BUSINESS

The Rosch Corporation is a fast-growing company opening Spangles Car Wash installations around the U.K. , introducing British drivers to the slick service, Americans take for granted. With exclusive rights to some unique U.S. equipment, sites are currently open and flourishing in Exeter, Manchester and London. Plans are in place to go country-wide over the next few years.

For M.D. Stephen Schindler, who spends a lot of time on the road, the ability to access his financial information remotely and on a 24/7 basis is invaluable, The fact that his U.S.-based co-Director has simultaneous access to the same updated and accurate information is, says Stephen, the icing on the cake.

EASYCOUNTING WEBLINK USE

Rosch, use the system for all their accounting needs, from creating invoices to posting sales and purchase data and completing bank reconciliations. Once posting is complete for the month, they submit that particular data batch to their accountants, via Easycounting Weblink's secure communication facility.

Stephen Schindler explains- "When we started using the system, the advantages were immediately obvious. Once a batch has been received by our accountant , it's checked for any posting errors we may have made. It's great, knowing our data's always up to date and accurately posted. An added bonus is VAT returns and year end processes are almost completely painless, having already been double-checked during the year. I particularly appreciate Management Reports, turned round so speedily."

Asked about costs of entering data on-line, Stephen Schindler points out, this is not an issue, as they utilise one of the monthly unlimited access Internet subscription services. He is also completely confident on Data Security as the service is protected by BT SSL.

Stephen Schindler adds: "Use of Easycounting Weblink has made a massive difference to our productivity and decision making. We can take immediate action, despite being on different sides of the Atlantic, secure in the knowledge we're both accessing and acting on the same information. It 's also cut our costs substantially as we've been able to eliminate our internal accounting system and with it, the expense of continual updating and support."

THE FUTURE
Rosch has big plans : "Our intention is to grow the business rapidly with, eventually, a Spangles car wash in every major town in the U.K. With the ability to process over 100 vehicles an hour, including a pre-hand wash and free valet, we believe we can change the car wash experience from a chore to a treat. And Easycounting Weblink, can help us achieve that by freeing us from so many tedious administrative functions and allowing us to concentrate on developing the business."
ANY REGRETS ABOUT SWITCHING TO ONLINE ACCOUNTING?
"Only that it wasn't available five years ago!"
 


 
 
 
 
 
 
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