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Lane Clark & Peacock selects Star Computers for finance systems
By siliconindia
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London: After a thorough evaluation of all the systems on offer, an actuarial firm Lane Clark & Peacock LLP has announced that it has chosen Star Computers for a suite of integrated applications to support its business as it continues to grow both within the UK and overseas.
The new system will comprise Star's Practice Management software and Microsoft Dynamics NAV. Star will run the Work in Progress and Debtors Ledgers and information will flow through to NAV which will handle the firms Creditors and General Ledgers.
Lane Clark & Peacock (LCP), a partnership with more than 500 staff across offices in the UK and Europe, went through a lengthy research process before choosing Star. LCP's Finance Director, Paul Marsland, explains "We wanted a suite of applications that provided us with a modern, flexible time and billing system in order to deliver better and more timely management reporting. LCP has also grown considerably since the previous systems we implemented and the volume of transactions the firm now processes means that a system that can help tie everything together will deliver a real efficiency gain. Partners and managers will have much more information on their desktops using tools like the Star Dashboard, helping them to have a better overall view of what is being delivered to our clients and enabling them to make more informed billing decisions."
LCP found that the Star software was very well suited to its needs, with just one enhancement necessary to meet LCPs specific requirements which will be delivered in time for when the system goes live this summer.
Another consideration was Stars proven record in delivering solutions of this size and complexity. As part of its due diligence, LCP visited Star clients in the UK and overseas to ensure that both the software and the resources of Star could deliver against a set of demanding requirements.
Bernard Skalla, CEO of Star said, "We are well known as a supplier of Practice Management systems to the larger firms in the accountancy profession in the UK and overseas, and although we have had actuarial clients for some years, we see this new relationship as a significant step towards becoming equally established in the actuarial profession in the UK and internationally."
