18 Nov 2009
After a year’s hiatus, when PKF’s P11D software scooped this prize, Mamut has picked up the award for an incredible fourth time out of five.
The Norwegian-founded software company has really taken the UK by storm and another fantastic year has seen it top the charts again. Fighting off stiff competition from Invu for the top spot, Mamut won with a number of key attributes.
Despite all the software consolidation around the industry, Mamut still runs off a single code base. It has again shown good numbers making its 57th consecutive quarter of growth. Its 2008 revenues reached £50m with 16% EBITDA, while improving margins and reducing costs by streamlining its operations.
The UK has become its second-most important business unit, second only to its home market. The acquisition of MYOB UK in 2008 doubled sales for the group, with a migration path for their customers fully underway.
Customers can access its system through a client-server or online, while one user interface dramatically reduces training time for staff. Small businesses love the product, and its testimonials really show the company in a good light.
“The ability for mobile workers to work on the live database without synchronisation problems, having access to Microsoft Sharepoint and web shop integration are functions which many SMEs need,” said Charles Kavazy, director of IT services at Hewsons Chartered Accountants.
“Two busy mums” who set up a company for the mother and baby marketplace extolled the software. “As working mothers, the flexility to choose where we want to work from is paramount,” said Martine Carroll of Close Parent. “Mamut One offers up-to-date access to components included in the package that is going to further facilitate and strengthen our home offices.”
Judges were impressed that Mamut had again topped the pile. “Its general improvements, continued growth and strong testimonials meant that another set of Accountancy Age judges had to again choose them as the winner,” said one judge. Another said it was “an outstanding effort”.
“A great bit of presentation, hitting all the key criteria. A nice mix of testimonials from small business and of course accountants Ð a key customer as they will recommend the product to their clients.”
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