The software replaces a combination of separate systems to handle both its lettings client payments and corporate payments, Foxtons wanted to consolidate its transaction processing onto one system and save money on banking fees.
“Before implementing Albany ePAY, we were processing transactions through a combination of different payment solutions, making the process complex and costly," said Gerard Nieslony, Foxtons Group financial controller. "Albany ePAY has enabled us to standardise both lettings client and corporate payments from a single central server, with one central administrator, delivering a much cleaner and neater way of dealing with our transactions.”
Foxtons went live with the ePAY solution in September 2011. Since then the software has been used on a daily basis for all transactions, including lettings client payments as well as paying suppliers and staff through the monthly payroll.