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Are you outgrowing Attaché? It might be time to consider an Access software upgrade

Attaché has long served as a valuable financial management system for businesses of a certain size. However, as your business expands and evolves, you may find that Attaché is no longer the ideal solution to meet your growing needs.  

If you’re finding your software no longer fit for purpose, it may be time to consider an upgrade to a solution like Access Financials. A comprehensive and modern accounting solution designed to support growing businesses, Access Financials may provide you with the additional accounting and financial management you require. 

In this blog, we'll explore some of the common issues you may be facing that could be resolved with a software upgrade and take a look at all the additional benefits you could unlock by switching to a different solution from the same provider. 

Finance 8 minutes
Posted 16/10/2023

Why consider Access Financials? 

Access Financials brings together advanced accounting software and financial management tools to create a single, powerful system.  

Developed by finance experts for finance experts, Access Financials enables businesses to integrate their financial management, and thanks to its modular design, you can scale the solution to keep pace with growth. 

Rich in functionality, the flexible ledger structure adapts to the way your organisation works, making it easy to manage complex accounting, project accounting and not-for-profit accounting. Interactive dashboards enable you to monitor KPIs in real-time and quickly drill down to the data, and multi-dimension reporting gives you the visibility and insights to make more informed and timely business decisions. 

What's more, Access Financials is available through Access Workspace, which joins together all your systems, data and people in one place. Making it easy for people across your organisation to input data, action approvals and view relevant data and reports – on any device, at any time. 

More than 2000 organisations across Australia and New Zealand trust Attaché software to manage their accounting and payroll needs. However, as businesses grow and evolve, they face different challenges. We speak to our customers often to better understand these challenges, and we use this feedback to improve and develop our solutions. 

 Managing growth, reducing manual processes, minimising errors, and being able to find the right data and insights are common issues our customers face. And while Attaché remains a suitable solution for many customers, for others it may be time to consider a change. 

Find out more about Access Financials. 

Challenge #1: My business is growing! (A good ‘problem’ to have) 

As businesses grow and evolve, so too do their financial management and accounting needs. Attaché is an excellent software solution for many organisations, but for those looking to scale beyond a certain size, or expand to multiple locations, it may not be the best solution for the next phase. Access Financials can offer additional functionality that may be better suited to your expanding business, including: 

  • Financial management that grows with you: Access Financials is a scalable financial management system designed to future-proof your business. It doesn't just meet your current needs; it adapts and grows with you. 
  • Highly customisable: The modular design allows you to customise in a way that suits your individual business needs. Build an integrated financial system tailored precisely to your organisation's current and future requirements.   
  • Multi-dimensional reporting: Access Financials provides multidimensional reporting capabilities that deliver powerful insights Quickly create real-time management reports and dashboards so you can make the right decisions for your business. Access Financials boasts a comprehensive suite of features, including powerful core accounting, procurement management, invoicing, credit control, inventory and stock management, fixed assets, purchase automation software, robust analytics, and invoicing. It's a holistic solution ready to address your evolving financial needs. 

 

Challenge #2: I’m wasting so much time on admin! 

The second challenge that many finance teams face is precious time wasted on repetitive admin. Manual systems and spreadsheets, the absence of automation, and double data entry, all contribute to reduced productivity and a heightened risk of error. 

  • Automated core accounting processes: Access Financials uses automated core accounting processes that deliver efficiencies and ease of use. Most importantly, they largely eliminate the risk of human error, providing you with peace of mind and reliable financial data.

  • Automation and integration for insightful reporting: Through automation and integration, Access Financials goes beyond efficiency by delivering meaningful reports and insights. You’ll gain a clearer understanding of your financial landscape and be better equipped to make informed decisions.

  • Seamless integration: Access Financials seamlessly integrates with other essential solutions via Access Workspace, ensuring that your financial data is always synchronised and up-to-date, and means a single point of entry for your employees.

  • Full procure-to-pay process: The solution encompasses the full procure-to-pay process, from purchase requisitions and approvals to invoice matching, payment runs, and remittances. No more manual handling or redundant data entry.

  • Streamlined billing: Access Financials allows you to bill on an ad-hoc or time and materials basis without the need for re-keying data.

  • Effortless timesheets and expense recording: Recording timesheets and expenses on projects have never been easier, thanks to the web and mobile app functionality. Say goodbye to manual paperwork and hello to streamlined efficiency.

  • Enhanced reporting and insights: Through automation and integration, Access Financials consistently delivers meaningful reports and insights that are crucial for informed decision-making. Whether it’s timesheets or expenses, you’ll have the data you need at your fingertips. 

 

Challenge #3: Data security concerns are keeping me up at night 

You only need to open a newspaper or turn on the evening news to hear about the latest data security breach impacting businesses and customers. It is a very real concern for every business leader, and the price of failing to keep your data secure is steep – from fines to reduced customer satisfaction and long-term financial repercussions.

The good news is, The Access Group are committed to ensuring data security across all our solutions – and Access Financials is no exception, thanks to: 

  • Single Sign-On and secure cloud access: Access Financials is a cloud native solution, which means anytime, anywhere access to your data. And while Attache customers are also able to benefit from a secure cloud hosted solution on Access Workspace, if your business is growing, Access Financials may be a better choice in the long run.

  • Multi-Factor Authentication: To further fortify security, Access Financials incorporates multi-factor authentication. This additional layer of protection significantly reduces the risk of security breaches and unauthorised access so you can ensure your information is safe no matter where your people are working.

  • Automation: The automation within Access Financials not only increases efficiency but also removes manual processes that are more prone to human error. By reducing the risk of mistakes, you can safeguard your business and that of your customers.

  • Built-In Compliance: Compliant with relevant legislation, Access Financials ensures you are operating in accordance with local legislation. This not only mitigates financial risks but also ensures that your business remains in good standing with authorities and employees! 

 

Challenge #4: I have so many system logins and cannot get a reliable picture of my business 

Disconnected software can make business and financial decisions feel like a guessing game. Not having a single view of your important data will hinder collaboration, create unnecessary inefficiencies, and make it difficult (or near on impossible) to get an accurate picture of your past and current performance, nor a handle on your predicted future performance. So how can Access Financials solve some of these issues? 

  • Flexible ledger for multi-entity and multi-currency management: Access Financials features a flexible ledger that adapts to the unique way your organisation operates. This adaptability makes it easy to manage multi-entity and multi-currency consolidations, ensuring accurate and cohesive financial reporting.

  • Seamless integration with key business systems: Access Financials seamlessly integrates with other critical business systems, offering an holistic view of your operations. Imagine a truly unified single platform for managing all your essential functions.
     
  • Integrated reporting: Accurate, effective and insightful financial reports that will allow your key decision makers to know what’s going on and where adjustments can be made.
     
  • Enhanced collaboration and alignment: Improve team collaboration and strategic alignment thanks to real-time visibility of key metrics.
     
  • Customised workflows: Define your own workflows to support specific business needs. Powerful customisation ensures the system aligns with your existing processes, and produces the insights you need to make great decisions. 

 

Challenge #5: I need software to support a hybrid workforce

The need to access information at any time and from any location has become vital for hybrid teams. Quick, safe and accurate access to data and tools means your teams can maintain (and even supercharge) their productivity and collaboration, no matter where they’re working from. Support your hybrid and remote teams with key features including:

  • Cloud native:  Cloud hosted financial management solutions mean your teams can access the data they need, when they need it, from any authorised device. Processing payroll from home? No worries.

  • Create your own Workspace: Access Financials takes customisation to the next level thanks to its modular design. And being delivered via Access Workspace means everyone in your business can access the data they need to do their job, ni matter their location or time zone, limited only by the permissions you set. Access Workspace, redefines efficiency for hybrid workforces. Each team member enjoys a personalised dashboard that features the systems, apps, data, documents, and communications relevant to their role.  

 

Access Financials is not the only option 

We know that when weighing up a new software solution, it’s wise to explore all your options. And that often means looking at competitor products. We know this, and we want to support our customers to make the best decision for their business.  

That’s why we’ve done the hard work for you and compared Access Financials to some of the key competitor financial management and accounting products on the market. We expect you to look at all your options, and we want to make it as easy as possible for you to compare key features, benefits and pricing. 

 

Plus, you might want to check out the success story of one of our many customers - Milner's Brands. As an Attaché customer for many years, Milner’s have migrated to Access Financials, and have also take on Unleashed and Mintsoft to complete their tech stack. Managing Director Paul Ruane explains the experience so far, and his optimism for how these products will revolutionise a brand that has been around for half a century.

 

Customer Support and Service 

We've successfully implemented our cloud financial management software for thousands of customers, and while we know the prospect of a system change can be daunting, we can support you to successfully migrate and realise a whole host of benefits.  

You may like to take a read of our Switching Hub, where we share insights and advice on how to successfully migrate systems. 

Our finance software experts can support you every step of the way, with a consultative integration plan via our FlightPath programs, including ongoing training, support and professional services. We believe wholeheartedly that the functionality that our software offers our customers is very important, but it is only half of the value equation. 

How the system is rolled out is critical to you achieving the full value of your new investment. 

Once you're set up, we're here to help you make the most of your finance system. Our customer success managers and consultancy experts come equipped with years of product expertise and industry experience. Plus, you’ll get 24/7 access to online support from a community of users, as well as helpful articles, videos and more via our Customer Success Portal and Customer Lounge. 

To learn more, call us  or  submit a query, and one of our team members will get back to you soon.  

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