Find out how Stepworks has increased operational and financial efficiencies, as well supercharging their business by implementing Xero with Fresh Accounting.
Stepworks and their key selling proposition
Stepworks is a Hong Kong and Singapore based cross-discipline branding agency founded in 1994. They provide support in many industry sectors with their Wholehearted Brand Building methodology.
Problems and issues faced prior to implementing Xero
Prior to implementing Xero we were using a desktop version of MYOB and were surrounded by piles of paper. Our preferred way of invoicing required a manual process and financial reporting was delayed.
Wish-list and selection process, why did Stepworks opt for a cloud based solution?
Changes in our finance team prompted us to consider alternative finance solutions, to see if we could improve the efficiency and effectiveness of the department. We were looking for an accounting system that could speed-up reporting and give us better insight into our financial performance.
The solution and why Xero was selected
We opted for 3 integrated systems. Xero as our accounting ledger, WorkflowMax as our project management tool, which is where we now issue our invoices from, and Expensify for staff expenses. A cloud-based solution was important to us as it enables remote access and reduces paperwork. No more sellotape!
Highlights and accomplishments of working with Fresh Accounting and the results achieved by moving to Xero
Through implementing Xero and working with Fresh Accounting we now have a dynamic finance team which meets the requirements of our business. Processes are smoother and we have better visibility on our performance. In addition, the headcount cost of the finance team has reduced.
Stephen Barry, Managing Partner