Date published: 01.09.08 - not release date

New financial management solution launched for print industry - New software will improve job costing and boost profits

Bristol, UK, 11th November 2005 - Symmetry, a leading vendor of financial management and accounting software has announced a new product that will directly address the needs of the print industry. A key issue that the new product bluQube tackles is job costing which in turn saves time internally and raises profitability of projects.

Symmetry’s MD Simon Kearsley explains, “If you are dealing with multiple print jobs with multiple suppliers, then it can be difficult to track the many costs involved. With a special job-costing module our new core accounting solution, bluQube has been designed to draw on information from all areas of the business, so that final invoicing is fast, accurate and painless. At the same time, using an Activity Costing approach, bluQube can also provide important statistics on individual jobs, indicating whether they were profitable and if not, identify where the inefficiencies lie.”

He added, “Using your finance system in this way means that you are in a much more informed position, alerting you to possible black holes of inefficiency within the business. In the long-term this kind of information will be extremely valuable, because you can concentrate on bidding for the type of work that will make more margin. Alternatively it may highlight a deficiency in the business that needs to be solved, for example investing in new capital equipment to become more competitive and/or efficient.”

Using activity costing you can extract information from an unlimited number of existing databases or applications such as staffing costs, machine time and/or stock. The system can then provide an unlimited number of different costing models that produce accurate statistics according to the different parameters set, from time of job completion through to contribution to bottom line profits.

In addition, bluQube supports all the normal core accounting functionality you would expect including a unique integration tool that operates in real time. No manual intervention, no delay, no chance for human error, just absolute confidence that your systems are in step with up to the minute information, allowing you to get on with the business of satisfying customers and collecting their money.
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Editor’s notes:

About Symmetry:
Established in 1996, Symmetry is a software company that specialises in the development and supply of business-to-business financial solutions within the UK. The company’s core product, bluQube, is a fully integrated financial and management accounting solution aimed at organisations ranging in size from £3M turnover to £250M turnover and with user populations from 2 to 800+ users. www.bluqube.co.uk

Press Contact: Jane Moores, TTA Communications, 01454 318722. E-mail: jmoores@ttauk.com