Twinfield Ireland has implemented the Twinfield system for Blacknight Internet Solutions, one of Ireland`s leading Internet Service Providers. Blacknight provides hosting solutions to a fast growing client base with clients operating all over the world.
To manage their expanding business from an accounting point of view was becoming a real challenge. Blacknight was, therefore, looking for a solution that would cater for their needs today but that could also grow with them. It had to be scalable, flexible and it had to be implemented within a short timeframe. Blacknight chose Twinfield as it not only matched those criteria but it also allowed them to automate the import of sales invoices from their online billing system Modernbill www.modernbill.com , thus almost removing manual data entry completely.
Previously Blacknight used a traditional accounting package on a license basis which was installed on one of their office computers. They also had to take care of the maintenance, including backups and upgrades of this package themselves. With Twinfield they now have an accounting service which is completely managed for them. The service is accessed using an internet browser and no software is installed locally.
No time is spent anymore on backing up data or re-installing software which gives them a huge time-saving. “An added benefit is that our accountant has now direct access to our accounts and is able to review our transactions on an ongoing basis.” says Blacknight CEO, Michele Neylon.
Blacknight offers its clients the flexibility to pay their invoices with a wide range of payment methods, ranging from credit card payments, pay-pal, direct debit and bank transfers with the added complexity that these payments can be made in different currencies.
For a business like Blacknight it is a real challenge to account for a high volume of payment transactions. With the Twinfield system it is possible to manage the multiple bank and credit card accounts easily and because of Twinfield’s unique way of processing statements it does away with a reconciliation process completely.
When operating any type of software package in-house the real cost only starts after you purchase the software. And because this cost is often hidden in the overhead in for example wages, it is not always transparent how much a particular package is costing the business.
“The beauty of a managed service like Twinfield is that the monthly charges include both maintenance and support. Besides your internet access cost there is no other cost for the business” says Martin Langedijk, Managing Director of Twinfield Ireland. “Our clients pick and choose which functionality they need and we charge them accordingly. When their business grows and they require more advanced accounting features we can activate those features in a matter of minutes.”
Michele Neylon: “Like every other business owner I rather spend my time on providing our service than on our accounting. Being an online company we were immediately drawn to the Twinfield solution, realising the benefits it could give us. Twinfield have really delivered and have implemented their solution we are already seeing the results.”
Martin Langedijk: “Blacknight is a company operating in a niche market with specific requirements when it comes to accounting. With the flexibility of the Twinfield system we were able to provide them with tailored solutions and have the system up and running in a short time without the need for extensive software development or training. We will continue to work with Blacknight to assist in making their accounting processes even more efficient in the future”.
About Blacknight Solutions:
Blacknight Solutions is a 100% Irish owned company specialising in serving the hosting and co-location needs of business, both large and small. The company has a philosophy of providing innovative high quality technical solutions to business. Blacknight are members of the Internet Service Providers Association of Ireland www.ispai.ie , and the Irish Internet Association www.iia.ie.
Twinfield was founded in 2000 in The Netherlands, and has won various awards and nominations for innovation in e-Business. Twinfield is the no. 1 in online accounting in Europe, and is used by more than 15,000 subscribers in 20 countries. Twinfield’s services have been entirely developed for use over the Internet (web architected) and are available online, 24 hours a day, 7 days a week. Twinfield’s web service has been certified for accounting purposes. Twinfield is represented by Twinfield Ireland in the Republic of Ireland with offices in Carlow. Twinfield Ireland is a member of the Irish Internet Association www.iia.ie .
Contact: Martin Langedijk