BusinessCompany NewsAccess Accounting restructures and rebrands

Access Accounting restructures and rebrands

The first company to produce carbon accounting software is restructuring to concentrate primarily on consulting work

Access Accounting, the financial software suppliers, will now primarily be
focused on consulting in a restructure by its parent company, ATG, which is
consolidating its subsidiaries.

ATG –Access Technology Group – has merged all five of its companies including
Access Accounting, Armstrong Consultants and Asyst Solutions, the business
technology providers, to create Access. The merged company, which made a total
of 31 redundancies in the restructuring, has said it will now concentrate
primarily on providing consulting services.

Alistair O’Reilly, previously group MD for Access Accounting and now CEO of
Access Group, said: ‘We’re well known for our accounting software but we also
have a very strong consulting capability due to the acquisitions we’ve made, and
this is backed by a broad-based business software portfolio.’

One of the critical changes taking place is the move for Access Accounting,
the first company to include carbon emission reporting in its software, to be
sold directly to customers. Previously the firm exclusively used resellers,
however O’Reilly said Access will not compete directly with them following the
restructure.

The restructure includes a ten year achievement plan. Included in the plan is
the company’s intention to grow turnover to over £100m by 2017, up from £18m in
2008 and £23m expected for 2009, and to reduce all 260 employees individual
carbon footprints by 20% by 2020.

Access Accounting, Access Supply Chain, the business software suppliers,
Armstrong Consultants and Asyst Solutions will combine into a single company –
Access UK Ltd. Access Accounting Ireland will remain a separate trading business
with all companies working under the same brand, Access.

Further reading:

Access launches emissions accounting package

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