Asset management system provider Keystone has launched what it says is the first component accounting system specifically designed for the housing sector. Keystone Component Accounting is built within Keystone’s existing asset management database, removing the need to create new business processes and IT interfaces to update asset management and component accounting records. This implicit cross-reference…
Component accounting from KeystoneRead More →
Finance Management
£50m deal for Access
Access UK, whose housing customers include East Thames Group and NSHousing, has secured £50 million of expansion capital from Lyceum Capital. Having restructured and rebranded its business in 2009 and acquired the HR specialist Select Software, Access will use the funding to drive organic growth of its ERP software and services as well as the…
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SDS housing development software at Eildon
Scottish Borders-based Eildon Housing Association has replaced its spreadsheets with Shelton Development Services’ Sequel tool for the appraisal and management of its housing developments. Sequel helps Eildon’s planning team with project management and day-to-day cashflow controls as well as providing full reporting and management information from housing and asset management systems. Mark Walton, project leader,…
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Sorting out your asset register
It has become increasingly important for housing providers to maintain good information about the assets they hold in addition to that which they need for day-to-day operations or accounts. The principle purposes are: Charging properties to lenders; Valuations for loan security or balance sheet purposes; Regulatory reports, including NROSH; Active asset management, where properties may…
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‘Finance headache’ survey from Orchard
A live SMS-based survey conducted by Orchard Information Systems at the National Housing Federation’s finance conference earlier this year suggests that component accounting and chaotic budgetary cycles (both 22 per cent) are the greatest challenges for finance managers in housing. The survey, which was conducted live on Orchard’s stand using its Communicator system, also found…
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Antonine go live with Kypera Financials
Antonine Housing Association completed the replacement of its Sage system with Kypera Financials at the end of March 2011. The new finance system links direct to Antonine’s Kypera housing management system to speed up transaction processing and eliminate data-entry duplication. Kypera reported that the implementation only required nine days’ consulting time in total. Michael Devlin,…
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