Case Study: Tindle Newspaper Group achieves streamlined, consolidated reporting with AccountsIQ

Tindle Newspaper Group saves £300,000 a year with AccountsIQ

Tindle Newspaper Group faced challenges with its fragmented finance system, relying on Sage Line 50 across over 30 local entities. This led to inefficient, manual consolidation, inconsistent data due to poor user controls, and late, inaccurate reporting. Seeking to streamline and centralize, the group turned to the cloud-based accounting platform from AccountsIQ to achieve automated consolidation and better financial oversight.

By implementing AccountsIQ, Tindle gained a sophisticated platform with robust user controls and automated processes. The solution integrated with other systems like iCompleat and a bespoke ad booking system, saving significant time. AccountsIQ enabled streamlined monthly reporting within two weeks and supported a 4-4-5 weekly accounting method. The new system provided richer data for decision-making, resulting in annual savings of £300,000-£400,000 and allowing the business to operate seamlessly during the COVID-19 lockdown.

Tindle Newspaper Group