Case Study: Cobalt Accountancy achieves its business consulting vision with IRIS Software Group's IRIS OpenBooks

IRIS OpenBooks helps Cobalt Accountancy achieve its business consulting vision

Cobalt Accountancy, an Edinburgh practice founded by Kathryn McBean, CA, provides finance-director-level consulting to about 150 small business clients. The firm struggled with clients keeping bookkeeping on bespoke Excel spreadsheets, which caused overwritten formulas, large file-transfer delays and frequent chasing and fixing of files—time McBean wanted to spend on business advice rather than spreadsheet maintenance.

IRIS Software Group delivered IRIS OpenBooks (and Cobalt also outsources routine tasks via IRIS OpenResourcing), giving McBean real-time access to client accounts, eliminating spreadsheet errors and reducing administrative overhead. The solution increased client satisfaction and freed up advisory time—one client cut bookkeeping from seven hours a week to one hour—and IRIS Software Group’s tools delivered clear, measurable time savings and better financial visibility for Cobalt.

Cobalt Accountancy

Kathryn McBean

Managing Director