Since 2016 British Land has been using Aurum Solutions flagship software, Groupit, to automatically match transactions from their bank statements to their property management system.
The impact has been dramatic, cutting time to complete down by up to 90%.
Alex Christofis, Director of Shared Services at British Land, reflects on the issues that British Land were facing before Aurum Solutions became involved: “The processes we had in place before implementing Groupit were time-consuming. We required a more reliable and efficient solution and so we contacted Aurum Solutions’ Operations Manager, Tim Andrews, who had supported British Land’s Finance Team previously.”
Aurum Solutions prides itself on its ability to work alongside organisations to enhance their processes. This is something that Alex highlights: “When we work with Tim it feels more like a partnership. He always comes prepared and provides professional consultancy and helpful advice.”
British Land has benefited from Aurum Solutions professionalism, experience and knowledge of the reconciliation process. When asked if he would recommend Aurum Solution to other companies in the Property Management Sector, Alex doesn’t hesitate to say that he “would absolutely recommend Groupit”, adding “for any software implementation you’re looking for a robust package, cost-effective and quick implementation and good business understanding from the consultant. This is the reason we selected Aurum Solutions.”
When it comes to matching transactions and balances as part of any account reconciliation process; automation is best. Groupit can manage any form of reconciliation, including Bank Reconciliation and Payment Service Provider Reconciliation - saving valuable time and preventing errors.Explore solution