Caring Homes Consolidates Financial Accounting and Prepares for Growth with COA Solutions

15 January 2008

Caring Homes - one of the largest privately-owned care home groups in the United Kingdom – is implementing an OpenAccounts finance system and web-based purchase order (PO) processing system from COA Solutions (formerly CedarOpenAccounts).

OpenAccounts will replace three separate finance systems currently used by Caring Homes whilst the PO system will replace the company’s current paper-based PO processes. By consolidating its financial systems into just one company-wide and scalable system, Caring Homes will have a single, holistic view of its finances and will also be well-prepared for future growth.

Ian White, Caring Homes’ Financial Director says, “We currently have over 100 privately-owned care homes and services throughout England and Scotland and have significant growth in the pipeline. We recognised the need for a single, flexible finance system that’s able to grow with the company and that is well-suited to our business needs. COA Solutions’ OpenAccounts system is easy-to-use, has flexible accounting and reporting capabilities and is proven to work effectively in care provider organisations, making it the obvious choice.”

White adds, “The OpenAccounts systems, which will go-live in Summer 2008, will dramatically improve the efficiency of our accounting processes and will be able to support the company for a long time to come.”

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