IRIS Exchequer Accounting Software - System Navigation

Access to important business information and data is essential to any organisation and a key requirement of any accounting software solution.

Watch this short demonstration and see for yourself how IRIS Exchequer's simple to use and intuitive interface makes this process easy and efficient.

FREE accounting software advice when you need it most....

Have you ever wanted to know where you can get FREE advice 24/7? Our Resource Centre is designed to provide you with the tools and advice you need when reviewing your accounting software and business solutions.

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Download FD Guides, whitepapers, podcasts, brochures, software demos plus lots more at your convenience!

Solving the Debtor Dilemma in 2010....

With the Christmas and New Year break, many companies have come back in 2010 to find that the number of debtors has built up over the holiday season.

In 2010 take the effort out of chasing debtors and free up more time to focus on other projects by solving your debtor dilemma.

Back last year we surveyed our customers asking them how they managed debtors, we then asked the same questions to organisations not using IRIS Exchequer Accounting Software. The results were enlightening.

70% of businesses questioned that did not use IRIS Exchequer claimed that their debtors had leapt from 30 to 60 days, while a further 30% were taking 90 days and more to settle bills. The research highlighted that using mature accounting software with antiquated debt recovery processes are causing cash flow problems in small to medium-sized businesses.

74% of businesses questioned claimed that their debtors were taking longer to pay. This compared to only 45% of IRIS Exchequer users. The business intelligence tools and debt chasing facilities within IRIS Exchequer are helping financial directors keep their finger on the pulse and avoid their cash flow reaching negative limits.

Taking the effort out of chasing debtors...

IRIS Exchequer has a powerful in-built debt chasing facility which can be configured from the system set up screen.

A good example of Business Intelligence working within Credit Control is the use of pro-active business alerts that are automatically triggered if a customer exceeds the credit limit or a payment is overdue. This new level of technology enables a company to monitor and manage every aspect of the business without incurring any additional resource overhead and advances mean that reports can be viewed on mobile devices such as PDAs and from e-mail applications such as Microsoft Outlook.

Rather than notifying the Credit Controller or Finance Director, prompting manual intervention, the process is completely automated so if an invoice is overdue by a couple of days, the system will automatically send a copy of that invoice and statement to the customer via email. If the invoice remains unpaid, then the Credit Controller or FD can be alerted. If, however, it is paid, no action needs to be taken.

Information in a familiar environment...

IRIS Exchequer's Microsoft Outlook Dynamic Dashboard is an intelligent tool that has the ability to see at a glance important business information, such as your top customers, most popular products or problem debtors, and directly access important reports from the familiar Microsoft Outlook application.

See the Microsoft Outlook Dynamic Dashboard in action

Continually updated and real-time financial data on a dashboard become part of the everyday routine and the need to produce long and detailed reports is reduced.

IRIS Exchequer also offers a prompt payment facility which enables users to automatically and legally charge interest to customers who exceed the agreed terms.

Download an IRIS Exchequer Business Intelligence brochure

For further information email exchequer@iris.co.uk

IRIS Exchequer takes a walk on the wild side!

Cumbria Wildlife Trust has become the latest Trust to invest in their future success by purchasing a new accounting software and business solution, IRIS Exchequer, to replace their existing Sage MMS. The Trust is the only voluntary organisation devoted solely to the conservation of the wildlife and wild places of Cumbria, and raising environmental awareness.

Formed in 1962 and supported by over 15,000 members, the Trust cares for over 40 nature reserves, campaigns for the protection of endangered habitats and species, and works with adults and children to discover the importance of the natural world.

The charity's key requirement was to dramatically improve management reporting which will be delivered through the use of IRIS Exchequer's Business Intelligence suite. Cumbria Wildlife Trust selected IRIS Exchequer over others short-listed because of its superior reporting tools and a flexible accounting structure.

IRIS Exchequer now supports 13% of the UK's Wildlife Trusts in its customer base, half of which became customers in 2009. The Trusts continue to chose IRIS Exchequer, not only because of class leading integrated Microsoft Excel & Outlook reporting tools, but also increasingly due to the unique needs of the Wildlife Trusts for Partial VAT, an area IRIS has developed for these organisations.

IRIS Exchequer caters for both the restricted and unrestricted activities by providing total visibility of where funds came from and how they were spent. The SORP and SOFA statutory reports can be created and seamlessly linked using the reporting tools, this removes complications and ensures these often time-consuming processes are now quick and easy to prepare.

IRIS Exchequer demonstrates how they promote and encourage environmental performance both through features within the product and their own working practices. Through time-saving and cost-cutting tools such as document management, automated reporting via email and SMS, paperless documentation and transaction authorisation, charities and trusts can spend more time fund raising than the back office manual reporting, whilst saving paper and reducing carbon footprint.

Chris Haddock, Finance Manager commented; "What I initially read and saw of the product impressed me and this was supported by closer investigation. A glowing report from another of the Wildlife Trusts was the final factor which enabled us to confirm IRIS Exchequer Accounting Software as the favoured product from our shortlist."

Download a business intelligence brochure

The trouble with KPI's.... An FD's guide to managing Key Performance Indicators

Exchequer Accounting Software has a range of independently written, educational guides that provide valuable information and advice to Financial Directors and business owners.

The latest guide in the series, the trouble with KPI's is a step by step guide to managing Key Performance Indicators and is available for download right here!

Designed to demystify some of the complexity surrounding KPIs and demonstrate how they could work for you, this guide presents some simple ideas that will help you to use KPIs correctly, and manage your business in a more efficient manner.

Read the trouble with KPI's here

Further FD guides, whitepapers, podcasts, brochures, software demos, case studies and much more can be found in our FREE resource centre!

9 steps to changing your Accounting Software

Is your Accounting Software up to the job?

If your accounting software is making you feel like you want to scream "Get me out of here!" then maybe it's time for an upgrade. Software that can't provide you with the information and performance you need can be frustrating and costly for any Financial Director.

But with all the software choices available on the market, how do you select the right one for your business?

Selecting and purchasing the right accounting software for your business can be one of the most time consuming, complex yet important decisions your company will make.

Making the change won't be easy, but following our nine steps to buying accounting software can make the evaluation process a bit simpler, helping you to quickly identify the most viable accounting software for you. Download your FREE Guide - 9 steps to changing your accounting software below....

9 steps to selecting the right accounting software