Case Study: Scanpower and MAGIQ Finance & Payroll

 

About

Scanpower is a regional electricity distributor supplying power to 6,720 customers in the Tararua region, including Dannevirke, Woodville, Norsewood and the outlying rural areas.

The Company operates an electricity network covering a geographic area of 2,100km with 875km of overhead and underground power lines.

The Challenge

Scanpower had a number of disparate accounting systems, which were maintained separately to its core finance system. This meant a number of time-consuming, manual data processes had to be completed in order to complete financial processes and produce organisational reports and accounts.

The Solution

Scanpower chose to implement the MAGIQ Finance and MAGIQ Payroll Suites to deliver fully integrated finance and payroll systems across the organisation. Scanpower also implemented the MAGIQ Performance Suite to achieve its budgeting and reporting requirements.

The Benefit

Scanpower is saving considerable time and effort through greater automation of its financial processes. A single fully integrated system has also delivered improved confidence in the overall accuracy of business data.

Ben van der Spuy, Company Accountant, Scanpower:

Implementing MAGIQ has meant we spend a lot less time battling with the numbers and we now have more time to spend on the higher-value, analytical processes.

 

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