News Release

13 May 2010

SMEs must plan and act now to secure sustainable business growth in the recovery

By Mark Ramsay, Managing Director, Infoplex Ltd

For cash-strapped SMEs the last eighteen months of credit crunch, recession, restrictive bank lending and general economic turmoil have been exceptionally challenging and difficult.

Whilst conditions are still tough and non-one believes we are entirely out of the woods yet, it does appear that the worst is over and that the situation is improving, albeit slowly.

For that reason, and to help them get ahead of their competitors, small businesses should be thinking about the steps that need to be taken to help them on the road to recovery.

As new opportunities present themselves, businesses must ensure that they are properly equipped to take full advantage of these and investing time and money now will be well spent.

The first step is to make sure they are prepared for a sustained period of business growth and that is achieved by evaluating the current situation of your business, your customers and your industry, as well as considering how these pictures will look in 6 months – 12 months time.

It is also important to review current staff levels, workload and performance as well as sources of funding.

It is likely that there will be a need to be prepared to grow without necessarily increasing payroll and overheads in the short term and the best way of doing this is to invest in software and systems that will help maximise business performance and productivity.

Sensible spending on the right technology can have a long-term reward for companies, bringing them a significant return on investment by delivering a number of benefits such as:

For one of our customers who is a clothing importer the Financial Controller used to spend half a weekend, most weeks, calculating complex stock movements and quantity forecasts based on sales volumes, this was achieved by manually combining several spreadsheets. It is now done with a single click, in a hot link spreadsheet, taking a few seconds.

Another electronic engineering company believes that he can now manage his business with eleven staff and OrderBooks instead of fourteen staff.

For further information visit www.infoplex.co.uk

(Ends)

Media Contact - For further information please contact:
Anna Gormley, The BIG Partnership
Tel: 01592 643200
Mobile: 07884 061 844
Email: anna.gormley@bigpartnership.co.uk

OR

Andy Bell, The BIG Partnership
Tel: 01592 643200
Email: andy.bell@bigpartnership.co.uk

Notes to Editors

  1. Infoplex is a specialist developer of software solutions for users of TAS Books accounting software, with over 12 years of experience in this area, and is now branching out further with its OrderBooks technology. TAS Books is the acclaimed user-friendly and highly scalable software range from Sage UK with some 85,000 installations in UK and Ireland.
  2. Infoplex’s SME customers typically cut their admin costs by at least 60% and take pride in making their businesses over 150% more efficient. They achieve this whilst gaining the confidence of 100% accuracy and the satisfaction of a transformed bottom line.
  3. Infoplex has an extensive product portfolio incorporating OrderBooks, MultiTAS and TASflex that provides email, accounts, stock control, order processing and CRM/ERP system solutions. These are built around Sage's TAS Books brand which, with over 85,000 installations, is the second most popular UK and Irish accounts software.
  4. Infoplex’s software is used by over 1,300 businesses and software developers world-wide, supporting more than 4,000 users.
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