WHY I&A

Joyce Krane Australia pty ltd

Business Overview

I&A implemented an integrated solution that streamlined Joyce Krane’s transaction processing and replaced several bespoke systems, saving on annual subscription costs. This solution allows seamless integration with third-party systems, including their industry-specific crane hiring app, E.P.O.S, and supports their budgeting and forecasting needs. Fully customisable and scalable, the solution is designed to grow alongside their business. 

Odoo ERP

  • Multi-Company Management
  • Asset Management
  • Asset Depriciation
  • Accrual & Cash Based Reporting
  • Cost Tracking by Asset

Essatto

  • Budgeting and reforecasting: Integrated Excel write back bottom-up budgets and forecasts capable of “What if” scenarios.
  • Automated data consolidation: History, budgets, and forecasts using the inbuilt hierarchy features.
  • Simplified end user BI report and dashboard creation: Web reports and dashboards and integrated read and writeback Excel facilitating flexible and self-serve reporting.
  • Datawarehouse: Capture of data from multiple sources into a centralised data store reduced the incidence of bespoke Excel spreadsheets previously used as a de facto data store.

KeyPay

Fully integrated Australian Payroll updated on a regular basis for changes to Australian Industrial Relations laws.

Challenges and Business Objectives

  • Joyce Krane was using several separate software platforms for daily operations, none of which were integrated.
  • The basic accounting system relied on manual data management and heavy use of Excel. This led to time-consuming, complex data manipulation to generate useful business insights. All management reporting, budgeting, and forecasting were done in spreadsheets, with no way to drill down into the details.
  • The business had no efficient method for combining data from multiple sources and had to rely on Excel for this task.

Outcomes

  • The client automated many manual processes and eliminated several systems, improving business efficiency.
  • Reduced key man risk, manual data entry, and data cleansing by automating reporting processes.
  • Simplified the management of 7 companies and 400 assets.
  • Integrated financial transactions and operational data, enabling easier access to real-time data and facilitating the development and regular update of more relevant KPIs.
  • Embraced BI for both business improvement and staff development opportunities.