TAS Group Case Study – Functionality Across Currencies

The TAS Group was formed in June 2006 when Select Selling purchased OnTarget, the sales methodology division of Siebel, from Oracle.
To date, the TAS Group has helped 400,000 sales professionals from some of the most successful International companies, bringing together proven sales methodologies with advanced technology platforms for sales effectiveness.
The business had grown to a stage where it was servicing customers throughout the world via subsidiaries in the US and Europe.
This multi-jurisdiction dimension provided challenges for the finance and administration team in terms of monitoring activities and processing transactions in multiple currencies.
“We needed an accounting platform that allowed us manage our global business with local and central access."
Selection procedure
The TAS Group evaluated a number of online solutions, and selected accountsIQ mainly because it was functionally rich and able to handle multi-currency issues. It could also be integrated with Salesforce.com to allow the sales pipeline to be automatically transferred once orders were confirmed.
In addition, it found advantages in the accountsIQ pricing model, which meant no upfront investment in software licences, servers or infrastructure.
Business benefits
“accountsIQ has been a huge improvement on our existing systems, giving our management team instant access to the latest information. Its key benefits are:
- Providing worldwide accounting access for our subsidiary companies in US, Europe, UK & Ireland .
- An easy roll out
- The ability to handle multi-jurisdiction, multi-currency transactions with ease
- Visibility of results across the group at the touch of a button, giving everyone an up-to-date view at any time".