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Caring Homes Consolidates Financial Accounting and Prepares for Growth with COA Solutions

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COA Cobham
Munro House, Portsmouth Road
Surrey, United Kingdom



Press release date: January 15, 2008

15th January 2008 - Caring Homes - one of the largest privately-owned care home groups in the United Kingdom - is implementing an OpenAccounts finance system and web-based purchase order (PO) processing system from COA Solutions (formerly CedarOpenAccounts).

OpenAccounts will replace three separate finance systems currently used by Caring Homes whilst the PO system will replace the company's current paper-based PO processes. By consolidating its financial systems into just one company-wide and scalable system, Caring Homes will have a single, holistic view of its finances and will also be well-prepared for future growth.

Ian White, Caring Homes' Financial Director says, "We currently have over 100 privately-owned care homes and services throughout England and Scotland and have significant growth in the pipeline. We recognised the need for a single, flexible finance system that's able to grow with the company and that is well-suited to our business needs. COA Solutions' OpenAccounts system is easy-to-use, has flexible accounting and reporting capabilities and is proven to work effectively in care provider organisations, making it the obvious choice."

White adds, "The OpenAccounts systems, which will go-live in Summer 2008, will dramatically improve the efficiency of our accounting processes and will be able to support the company for a long time to come."

About Caring Homes www.caringhomes.org

Caring Homes was established in 1994 and today is the largest independent care operator in the UK. The brand which relates to the group's elderly division is complemented by additional brands:

Consensus - Learning Disability Division Curate - Mental Health Division Cheshire House Group - Family Services Division

Each of these divisions are ISO9001 quality assured and Caring Homes - the Elderly Services division - is also Hospitality Assured

The company supports more than 2000 people, and employs 3000 staff.

CEO Mr Paul Jeffery COO Mr Andy Fairchild Finance Director Mr Ian White

About COA Solutions Ltd www.coasolutions.com

COA Solutions (formerly CedarOpenAccounts) is the UK's leading supplier of integrated business management and information systems to public, private and not-for-profit service sector organisations.

COA Solutions' Smart Business Suite of applications combines core financial management, procurement, human resource and payroll systems, integrated with a range of collaborative, document management and business intelligence solutions. These solutions extend the value and effectiveness of the Finance, HR & Payroll departments across the organisation and enable managers in the business to monitor, analyse and continually improve corporate performance.

COA has more than 450 experienced professional staff supporting and servicing over 3,000 clients across the UK Service sector including Companies House, Newcastle City Council, WHSmith, Royal Bank of Scotland, Aer Lingus, National Express Group, DFS, RSPB and Great Ormond Street Hospital for Children NHS Trust.

Contact: Liz Ebbrell PR Manager COA Solutions E: Liz.ebbrell@coasolutions.com T: +44 (0)1625 856505 M: 07917 634 705
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