Slater Harrison & Co to Improve Cash Flow with m-hance Finance System
Slater Harrison & Co, a manufacturer of speciality card, papers and board products, is to transform its material requirements planning (MRP) processes by implementing a financial management system from m-hance. This new system will provide swifter access to more accurate financial information to enable Slater Harrison to improve cash flow and make better informed buying decisions in support of its future growth plans. The m-hance system will go live in October 2012.
With price sensitive customers and increased competition, maintaining tight financial control over costs and margins is critical to Slater Harrison’s success. The organisation decided to replace the outdated system that it had been using for 14 years for a scalable solution with flexible long-term support options. After reviewing several systems including Access Accounts and Infor Syteline, Slater Harrison selected a financial management solution from m-hance to streamline its MRP processes and improve the accessibility and reporting of financial information.
Tim Hughes, financial director of Slater Harrison & Co, said: “Our current system requires a significant amount of manual intervention to provide us with the standard financial information we need. We are often left to churn through large volumes of data as a basis to make key business decisions which no longer fulfils our requirements. We considered several suppliers but were impressed by the professionalism of the m-hance team combined with the company’s status as a major player in the UK software market. m-hance’s solution was the most user friendly of the systems we evaluated and is ideally suited to our needs as a manufacturer, without being very complex to run or administer which was a crucial requirement.”