FDBusiness.com

Whisky Group Selects Wolters Kluwer For Its Cloud-based Accounting

 Breaking News
  • Sweets and Snacks New Product Development Thrives on Adventure and Bite-size Trends With one in four global consumers increasing their consumption of confectionery over the past year (Innova Market Insights Consumer Survey, 2018) because “there is more variety & novelty available,” the food industry is responding. New data from Innova Market Insights finds a 15 percent average annual growth in global confectionery launches with a “discovery” claim [...]...
  • 80,000 Tonnes of Skimmed Milk Powder Sold in Biggest Tender A total of 80,424.05 tonnes of the skimmed milk powder bought into public stock by the European Commission since 2015 were sold in the latest tender sale, bringing the remaining stock to around 22,000 tonnes out of the original 380,000 tonnes, stockpiled since the crisis that hit the dairy sector in 2015. In effect, almost [...]...
  • Müller Rolls Out ‘Stealth’ Milk Caps Müller, Britain’s leading producer of branded and private label fresh milk, cream, butter and ingredients, is rolling out a new lightweight recyclable milk cap, which uses 13% less plastic material. The innovative solution allows the business to remove 300 tonnes of plastic every year, the equivalent weight of 231 million ‘stealth’ milk caps. The dairy company has [...]...
  • Greene King Announces New Chief Executive The board of Greene King has announced that Nick Mackenzie will join the board on 1st May 2019 as chief executive in succession to Rooney Anand. Nick Mackenzie will be joining from Merlin Entertainments where, as a member of the executive committee, he is responsible for the Midway portfolio of attractions, which comprises over 100 [...]...
  • Irish Grocery Market Hits Festive Record as Retailers Cash in on Christmas The Irish grocery market grew by an impressive 3.0% over the 12 weeks to 30 December, ensuring a record festive period for retailers. The latest Kantar Worldpanel data shows value sales reached €995 million in the month of December – the highest monthly total ever recorded in the Irish grocery market. This was driven by [...]...

Whisky Group Selects Wolters Kluwer For Its Cloud-based Accounting

Whisky Group Selects Wolters Kluwer For Its Cloud-based Accounting
March 19
10:06 2015

Loch Lomond, part of the Loch Lomond Group, has selected Wolters Kluwer’s online accounting service Twinfield UK, for its cloud accounting platform. The independent distiller and blender of some of the finest and rarest scotch whiskies in the world will use the solution across its two distillery sites in Campbeltown and Alexandria and its warehouse site in Ayrshire, Scotland.

The company chose Wolters Kluwer as it required a cloud accounting solution that could be implemented easily and quickly ahead of its new financial year.

“We needed a solution that could be implemented across multiple sites – as our users are not always based at the same location,” says Laura Cummings, Financial Controller at Loch Lomond. “Previously our accounting system had to be locally installed at each site in order for staff to gain access. This could be particularly frustrating if staff needed to access information from home or from a different site to where they were usually based.”

Cummings continues, “I had used Wolters Kluwer’s Twinfield online accounting service at my previous company, therefore I was confident that it would meet our requirements and that the team of six would be able to work from the same system, enabling any changes to be automatically updated and shared across users. Prior to using Twinfield, one member would have had to make updates on a central system which was both time consuming and also limiting to how much could be done.”

Having implemented the cloud solution in October, Loch Lomond is already seeing a number of benefits – not least that they are now more productive due to the time savings they have made using Twinfield. In addition, they are able to run regular reports in order to help bring greater connectivity, collaboration and intelligence to business and financial planning.

Cummings explains, “We’re now able to capture data instantly at a customer level providing valuable insight into trends. Previously we would have had to do this offline and it might have taken a week to gather all of the information. We are using Twinfield as a database, capturing all the data at the source and then using the time we have gained to add additional value to the business.”

Diane Williams, Interim Head of Twinfield UK at Wolters Kluwer, comments: “Cloud accounting is helping organisations such as Loch Lomond to gain greater insight for business and financial planning. It also brings speed, accessibility and ease of use to users right across the organisation and empowers those using the system with real-time data to support operational and strategic decision-making.”

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 18, 2019Multimodal 2019
AEC v1.0.4

Jobs: Finance

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements