Pensions consultancy Mattioli Woods is implementing a time recording and client billing system to improve its operations.
Touchstone Group is supplying the systems, which include the SunSystems product for Mattioli Woods’ commission accounting requirements, and Time@Work for its time recording and invoicing.
Mattioli Woods administers around 1,500 pension schemes for clients throughout the UK.
Nathan Imlach, Mattioli Woods finance director, said, “Our existing software did not offer sufficient capacity for our projected growth. The solution Touchstone Group has designed will give us powerful management information across the entire organisation, and will support our decision making with real-time data.
“The new systems will also allow us to enhance the information we provide to our clients.”
Imlach said the firm expected that the new systems would pay for themselves within 12-18 months through a number of efficiency improvements.
The £135,000 systems will go live in the near future, said Imlach.
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