Octet Finance

“We’re hoping to grow our business tenfold in the years ahead. MYOB Advanced has helped us to be much more nimble in our approach. It’s helping to support our forecasting and to give stronger incentive programmes to our team because everyone has real-time visibility into how we’re performing.” Michael Rom – Octet Finance

Industry

Financial Services – FinTech

Employees

51 – 200 staff

Background Overview

Octet provides highly specialised financial services to the SME sector, supplying businesses with much-needed working capital facilities. Octet’s technology platform enables it to originate and manage all its loans, so its clients can make purchases from suppliers anywhere in the world, in multiple currencies. The financial technology it o ers its clients helps to set it apart in the highly competitive business nance market.

The Problem

“Our existing account system produced high-level financial statement analysis, but we were unable to capture more detailed segmentation across our salesforce, products and customers.” Michael RomOctet Finance

  • The high growth of the company put pressure on existing systems;
  • Data analytics and performance management was challenging with no real-time visibility;
  • Manual data entry and reconciliation was time-consuming;
  • No detailed analytics and drill-down reporting functionalities.

Why MYOB Advanced and Leverage Technologies

“We felt [Leverage Technologies] were equipped to be responsive to us and deliver what we were after. They were very patient and ticked all the boxes as to what we were looking for in a partner. They walked us through the whole process and their technical specialist got on very well with our team. Every time we threw a question at them, they had an answer. It’s a great engagement and we’re super happy.” Michael RomOctet Finance

  • MYOB Advanced works out of the box with minimal customisation;
  • 100% Cloud-based ERP software;
  • Multi-company and multi-currency supported;
  • Real-time data analytics and reporting.

ERP software solution, MYOB Advanced delivers best view for the finance sector

After implementing MYOB Advanced with Leverage Technologies, Octet Finance can now rely on a flexible, Cloud-based ERP platform to streamline various business processes and grow smart.

The Outcome

With MYOB Advanced, Octet now has real-time visibility across the business. The MYOB partner set up a metric-based dashboard for statistical journals, for a view of performance that delivers useful Business Intelligence.

  • Real-time view company-wide;
  • Consolidated systems;
  • Automated processing and reconciliation;
  • Less paperwork and manual data entry;
  • Multi-dimensional analytics and reporting.

Download the official case study by MYOB right here.

How can we help you?

 

Call 1300 045 046 now to discuss your business needs. You’ll get to speak to an ERP consultant with proven experience. They may even be able to offer you advice over the phone.