Date published: 01.09.08 - not release date

Printing Company Selects Integrated System from COA Solutions to Support Acquisitive Growth Strategy

Patersons, a global printing and information distribution company, has chosen an integrated financial management, human resource (HR) and payroll software system from COA Solutions (formerly CedarOpenAccounts) www.coasolutions.com.

UK headquartered Patersons required a customisable and solid system that could support its existing and future growth plans through acquisition. The company also needed an integrated reporting, financial management and HR system to effectively support its global operations. Improved reporting and process efficiency as well as easy access to consolidated financial and HR data across its UK and USA offices were some of the key drivers for the new system.

Following a competitive tender, Patersons chose an integrated solution from COA Solutions comprising an OpenAccounts accounting system and OpenPeople HR and payroll system. Patersons selected these systems due to their flexibility, strength in reporting and HR as well as their ability to closely align with the company’s existing business systems. This integrated software solution, which will replace Patersons’ current disparate systems, will dramatically reduce manual data entry and improve efficiencies in management reporting allowing managers worldwide to directly access real time information via the desktop.

Neil Fanthome-Hodgson, CFO of the Patersons Group commented, “As a growing and acquisitive business, we needed a system that could develop with the company and have the flexibility to incorporate any companies we acquire in the future. The OpenPeople HR and payroll system can be easily customised to suit our own specific needs and by using a more user friendly and efficient financial management system, we anticipate significant savings in time and resources.”

Fanthome-Hodgson continues, “Both our offices in the UK and USA will have web access to the new systems strengthening and unifying our HR and financial management processes. Our existing print estimating and CRM software packages will also easily integrate with the new COA Solutions systems.”

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About COA Solutions Ltd www.coasolutions.com

COA Solutions (formerly CedarOpenAccounts) is the UK’s leading supplier of integrated business management and information systems to public, private and not-for-profit organisations in the service sector. COA Solutions prides itself on getting close to its customers by understanding their businesses and responding to their business needs. COA Solutions’ award-winning Smart Business Suite combines core financial management, procurement, human resource and payroll systems, integrated with a range of collaborative, document management and business intelligence solutions. These solutions extend the value and effectiveness of the finance, HR and payroll departments across the organisation and enable managers in the business to monitor, analyse and continually improve corporate performance.

COA Solutions has more than 450 experienced and professional staff supporting and servicing over 3,000 clients across the UK service sector including Companies House, Newcastle City Council, WHSmith, Royal Bank of Scotland, Aer Lingus, National Express Group, DFS, RSPB and Great Ormond Street Hospital for Children NHS Trust.

About Patersons www.patersons.com

Serving the major financial centres in London, New York and Hong Kong, Patersons takes care of its clients’ print and information distribution needs. Since its creation in 1988, Patersons has expanded into a multi-site global operation.

Contact:

Liz Ebbrell, COA Solutions
Email: Liz.ebbrell@coasolutions.com
Tel: +44 (0)1625 856505 or 07917 634 705
www.coasolutions.com

Ben Carey, COA Solutions
Email: Ben.carey@coasolutions.com
Tel: +44 (0)1625 856505
www.coasolutions.com