Wild & Co Chartered Accountants has always been at the forefront of digital accounting systems and processes and has been instrumental in changing the way speech recognition software specialist VoicePower Ltd manages its finances.
VoicePower provides consultancy on digital dictation solutions for businesses with the aim of improving their productivity and in turn their profitability. Its service includes selecting the right software for each organisation, customising and integrating the technology and providing training and ongoing support to help clients make the most of their investment.
Graham Wild worked closely with managing director Sonja Brown and her team to migrate all the company’s data from spreadsheets and Sage to a digital online system. Once their financial data was on Xero, Sonja was able to monitor cashflow and product lines much more easily and had greater clarity over the business activities and product line profitability.
“Graham not only set the system up in a way that worked well for our business, he also helped me to understand how to get the most out of it, which included generating reports and analysing the numbers,” said Sonja.
VoicePower has benefitted from Wild & Co’s My FD service, which offers bespoke business advisory support to plan and implement long-term growth.
Sonja said: “Graham meets regularly with my co-director Vicky and I to look at the figures and measure these against our forecasts. Graham’s input and the migration to Xero has given us the confidence to look ahead and make informed business decisions based on data which we didn’t have readily available before. Running our business on a daily basis and planning for the future seem so much easier now; we are finally practicing what we preach by working with experts such as Wild and Co who are helping to make us more profitable and productive!”