James Hall, CFO
Imprivata

“When the UK branch was still in the planning stages, we obviously anticipated numerous challenges.  But when it came down to it, there was simply no way that our small staff of IT and finance professionals could handle the deployment in a compressed time frame.  We also realized that it made sense for our internal staff to remain focused on our core business and our valued clients.  So we chose to deploy Microsoft Great Plains for multi-company and we chose Altico Advisors as our business partner.  Those were the right decisions.  Altico had experience implementing the multicurrency module plus an in-depth understanding of the accounting and financial reporting issues related to foreign currency transactions. We did not allow ourselves to be distracted from our mission.  And we’re proud that Imprivata®OneSign™ remains the industry’s leading enterprise single sign-on appliance for password security and protected user access. We can thank Altico for doing their job so we could continue to do ours.”
 

The Challenge

• Opening a branch in the UK
• Small IT and finance staff
• Compressed time frame

The Solution

• Deployed Microsoft Great Plains for multi-company
• Established the UK business as a separate operating company
• Financial reports designed by Altico to support the new business model

The Benefits

• Core business remained unaffected
• UK company up and running in record time
• Improved financial reporting, budgeting, and forecasting
    
  Download as a PDF