Fenchurch Environmental Group, a leading manufacturer of air filtration products and solutions to all industries, is implementing an integrated finance and payroll system from m-hance. This system, which will also comprise collections management functionality and interface into Fenchurch’s existing Oracle-based ERP application, will significantly improve cash collection and reduce manual administration by several days each month. The planned go-live is January 2013.
Fenchurch had outgrown its current Datafile accounting system as it was no longer fulfilling its needs. After considering alternative solutions on the market including Sage 50 and Sage 200, it opted for a system from m-hance comprising financial managementand payroll functionality(powered by Jane Payroll) integrated into its Oracle-based ERP application which was a key requirement.
David Townsend, Financial Controller at Fenchurch Environmental Group, explains, “Our outdated system was holding us back as the Group continued to grow. We therefore sought an intuitive system that could allow us to set automatic follow-up actions and diary-based reminders to enable us to speed-up our processes and reduce bad debt expense.”
David continues, “In contrast to other suppliers who gave us a standard online demonstration over the phone, m-hance visited us and provided a tailored demonstration whilst fully answering our queries. This gave us the confidence that they could deliver a flexible and world class system with the specific functionality we needed to more efficiently manage our processes.”
m-hance’s integrated system will enable Fenchurch to automate a range of manual-based collection processes to boost its cash flow. The system’s ability to easily track debtor activities, add notes and calendar-based reminders and provide customisable information views will ensure that overdue customers can be targeted more effectively. In addition, management reporting will also be more relevant, accurate and streamlined.
David comments, “m-hance’s system will enable us to markedly improve our collection processes and manage bad debts more effectively. We anticipate that this will assist us to significantly reduce our percentage values of overdue invoices, considerably increasing cash flow and giving us greater financial control.”
David adds, “The advanced functionality of m-hance’s system will also free-up several days each month that the finance department was previously spending manually consolidating and inputting data into multiple spreadsheets for management reporting purposes. This will improve finance’s ability to contribute more to the business’s future success by allowing them to focus solely on core strategic activities.”
Notes to Editors
About Fenchurch Environmental Group www.fengroup.com
Founded in 1991, Fenchurch Environmental Group manufactures a range of air filtration products and solutions to all industries including medical, domestic appliance, safety and ventilation. Initially focused on the air conditioning sector, Fenchurch’s operations soon expanded to encompass medical air filters, filters for domestic appliances ie vacuum filters and respiratory safety. Today, the Group employs approximately 700 staff across six divisions incorporating development, research, sales and manufacturing. Its wholly-owned manufacturing sites are based in the UK and China.
About m-hance www.m-hance.com
m-hance is a UK-based company providing innovative and functionally rich business software solutions to 2400 mid-market sized organisations including Innocent Drinks, RFU, Viridor, Millennium Hotels, Make-A-Wish, Hewden and Endsleigh Insurance. m-hance’s core solutions offering consists of financial management, CRM, enterprise social networking, SharePoint, HR & Payroll, managed services and software development in a variety of vertical markets including distribution, manufacturing, not-for-profit, professional services and infrastructure.
m-hance has been formed following the acquisitions of Calyx Software, Gyrosoft, Trinity Computer Services and elements of MentecPlus, Touchstone Group and Maxima Holdings plc. m-hance is currently supported by 230 staff from offices in Manchester, London, Loughborough, Dublin, Glasgow and the United States. m-hance also has offshore development capabilities in India.
In September 2012, m-hance was ranked in the Tech Track 100 league table as one of the fastest-growing private technology companies in Britain after achieving record sales growth of over 45%.
Ben Carey, PR Manager
T: 07713 196971 e: firstname.lastname@example.org
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