The US franchise has chosen Armanino to create an accounting and financial reporting solution.
Virtual-Strategy reported on the franchise’s appointment of Armanino LLP to provide it with a “custom-tailored” accounting and financial reporting solution, as part of a new enterprise resource planning (ERP) system.
Armanino, which says it is the “largest independent accounting and business consulting firm” in California, is providing Cartridge World with its Intacct system, and claims that Cartridge World’s expenditure on the implementation of the ERP system “will be recouped within six months of deployment”.
Intacct is cloud-based and will allow Cartridge World to get “customised analysis of KPIs [key performance indicators] and budget variances from multiple locations”, including North America, the UK, France and Australia. The “multi-dimensional” software also allows users to ‘tag’ transactions and data for “custom reporting”.
Lindy Antonelli, Partner at Armanino and Founder of the Cloud Accounting Institute, stated: “Armanino is excited to work with Cartridge World, an international franchisor that offers printers, ink and toner, and printer repair for home and business customers, in consolidating its global accounting and financial reporting.
“By utilising Intacct, the only accounting solution endorsed by the AICPA, we sare able to automatically consolidate reporting across geographies and minimise time-consuming manual reporting with a cost-saving cloud solution.”
Michael Dixon, Director of Finance at Cartridge World, added: “By reducing our annual subscription fee by two-thirds of what we were previously investing, Armanino has helped us redesign our workflow to maximise our savings. With Intacct, we are able to tie our global presence together under one simple to use cloud accounting solution.”