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CASE
STUDY
THE CLIENT
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"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
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THE
BUSINESS
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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.
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EASYCOUNTING
WEBLINK USE
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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."
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THE
FUTURE
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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."
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ANY
REGRETS ABOUT SWITCHING TO ONLINE ACCOUNTING?
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"Only that it wasn't available
five years ago!"
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