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AA Awards 2008: Mid-Tier Software of the Year

12 Nov 2008, Accountancy Age, AccountancyAge

http://www.accountancyage.com/aa/news/1769683/aa-awards-2008-mid-tier-software-year

Access Accounting proved to be the clear winner despite competing in a high-quality field for mid-tier software package of the year.

The UK-based software provider scooped the prize after a year of strong innovation and marketing, which saw the release of its Accounting for carbon emissions product.

Described as ‘brilliant’ by Dave Hall, MD of client HFL, the product translates guidelines from Defra and The Carbon Trust to allow companies to see how much carbon they use.

‘A clever product and superbly timed,’ said one judge.

Data is input from invoices into the general ledger around items such as rates of gas and electricity supply. These automatically populate the emissions field in the accounts and shows the amount of carbon used. Carbon budgets can even be created by group and sub-group.

Others flagged up Access’s commitment to R&D and that the innovation proved to be the deciding factor in making their judgement.

‘Access caught the eye. They ticked all the boxes,’ said another judge. The software provider showcased impressive statistics: 95% retention rate across its SQL products, with 15% of new clients coming from referrals.

A huge 767 customers have offered to add their names to a list of those willing to ‘positively recommend Access’. It also led the way with it ability to deal with reverse charge VAT in its software, after legislation was rushed through to combat carousel fraud.

Sales for the financial year ending June 2008 are up 28% on the previous financial period.

© Incisive Media Investments Limited 2012, Published by Incisive Financial Publishing Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, are companies registered in England and Wales with company registration numbers 04252091 & 04252093