Rapport3 shopper, David Chipperfield whole primary finance transformation with integration spouse AccountsIQ.
Shaped in London in 1985, David Chipperfield Architects (DCA) are actually extensively recognised for his or her award-winning, cutting edge paintings the world over. Since Alex Gilbert joined as CFO in June 2021, they’ve finished a significant virtual transformation in their finance serve as.
David Chipperfield migrated from Sage and Deltek (task control instrument) to Rapport3 for
task costing and reporting. Along with Rapport3,
David Chipperfield took on Accounts IQ, our integration companions cloud-based Monetary Control Instrument.
“Getting AccountsIQ up and working used to be fast and simple. It’s labored in reality neatly from day one; our month finish is clean.” Alex Gilbert, CFO, David Chipperfield Architects
New finance group participants at DCA have additionally discovered AccountsIQ simple to navigate, despite the fact that they’d by no means used the gadget ahead of.
“When techniques motive issues, I generally tend to find out about it as that’s after I’m compelled to become involved,” says Alex. “I’ve by no means needed to care for the rest to do with AccountsIQ. The group can take care of all of it themselves; AccountsIQ simply works. Rapport3 may be an improbable gadget, with a just right on-line interface.”
The combination between AccountsIQ and
Rapport3 used to be constructed utterly from scratch for DCA. It used to be an iterative procedure that used to be became on in stages. First, we synched the codes of the 2 techniques and examined that. Then we labored on gross sales invoices, acquire invoices and buy orders.
“The primary benefit of this totally built-in AccountsIQ/Rapport3 answer is extra correct and well timed reporting. To make sure we’re using the industry in the correct path we wish to base our choices on dependable and real-time knowledge. Each techniques running in combination permits us to do this.”
DCA are doing an enormous quantity of labor on knowledge and analytics around the industry. They’re extracting task knowledge from Rapport3 and visualising it the usage of Energy BI. The result’s that every task now has its personal dashboard that finance can proportion with task groups and designers.
“This AccountsIQ/Rapport3 integration is remodeling the entirety. We will ensure that everybody has whole visibility on how their tasks are going.”
Our Rapport3 integration spouse AccountsIQ now has a number of consumers the usage of the combination together with our Rapport3 buyer Costello Scientific, a consulting company within the scientific area.
Some other giant good thing about instrument integrations is that there’s no duplication of knowledge access or day by day finance processes. As an example, at DCA task bills now cross into Rapport3 and are synched to AccountsIQ. Non-project bills cross direct into AccountsIQ. The techniques are seamlessly built-in, so finance has whole visibility, by way of task and at corporate degree in AccountsIQ.
“We don’t have to copy the rest,” says Alex. “The whole lot simply synchs instantly throughout. I’d say this protects us 1-2 days a month and it is helping with our cashflow forecasting as a result of we all know what bills are coming down the road.”
The truth that Rapport3 and AccountsIQ have complete multi-currency functions is every other giant win for David Chipperfield. They run tasks all over the world and the architects need to understand how their tasks are doing within the native foreign money.
“It’s vastly vital to be able to have a look at the entirety in native foreign money,” says Alex.
“It’s now not simply that it’s extra correct, it’s that it avoids misunderstandings. Now, FX is simple; we simply set the charges in AccountsIQ, and it flows thru to Rapport3.”
Concerned about
Rapport3 and the
AccountsIQ integration for Architects, Engineers and Challenge Managers?
Ebook a demo right here.
