Case Study: Museum of London streamlines financial reporting and cuts staffing costs with Advanced Exchequer

Museum of London saves £210,000 and goes 75% paperless with Advanced

The Museum of London sought to move away from a cumbersome legacy financial management system. Their challenges included inefficient manual processes, poor visibility into customer debts, and time-consuming reporting for stakeholders. To gain internal control and streamline operations, they adopted the Exchequer accounting solution from Advanced.

By implementing Advanced's Exchequer, the museum automated processes and gained powerful reporting tools. The solution provided clarity, enabled effective debt chasing, and integrated seamlessly with Excel. The results included annual staffing savings of £210,000 since 2007, a 75% paperless finance department, and the ability for staff to focus on higher-value work rather than data entry.

Museum of London