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Experienced Chartered Accountants
Client Case Study:How Qualitas Medical Assurance Streamlined Their Business with Xero Accounting Software
Qualitas Medical Assurance stands out as an innovative IT startup in the fast-paced world of medico-legal reporting. Located in Bolton, this cloud-based company was founded in 2015 by Dr. David Pearce and Peter Laithwaite. With a robust turnover of £116,000 within just two months of trading and a dedicated team of 15, the firm’s primary focus is offering state-of-the-art medico-legal reporting systems.
Embracing Change with Xero Accounting Software
Qualitas was designed to align with government reforms introduced on April 6, 2015, which mandated that any medical report for soft tissue injuries must be sourced through MedCo, a central hub set up by the Ministry of Justice. Qualitas provides clients with top-tier systems and business processes to help them meet professional obligations effectively.
Previously, the founders used traditional accounting software like Sage Line 50 and Line 200. However, they soon realised the need for a more modern, cloud-based accounting solution that could minimise manual errors. This led them to choose JacRox, a specialised Xero cloud accounting provider.
Why JacRox and Xero Accounting Were the Perfect Fit for Qualitas
Pearce and Laithwaite were familiar with Jack Ross Chartered Accountants, the parent company of JacRox, having engaged their services since 2000. What attracted them to JacRox was their specialisation in Xero accounting solutions. JacRox leverages Xero’s cutting-edge technology to offer an accounting service beyond the traditional 9 a.m. to 5 p.m. workday.
With Xero, Qualitas could quickly generate invoices, improve bank reconciliation, and even quickly identify good and bad payers. The software provides valuable financial data that can be accessed anytime, anywhere, making it a global solution.
How JacRox Integrated Xero Accounting with Qualitas
Beyond providing Xero as an accounting package, JacRox customised the software to integrate seamlessly with Qualitas’ existing case management system. Integrating Xero accounting software into Qualitas’ operations has streamlined their invoicing and payment processes, making them more efficient and error-free.
The Benefits of Using Xero Accounting Software
Since implementing Xero, Qualitas has reported a 70% reduction in accounting costs. The software’s user-friendly interface and one-click functionalities have dramatically reduced manual errors and administrative time. Pearce sums it up: “With Xero, we can generate multiple accounting entries in different systems with just one click, completely revolutionising our administrative efficiency.”
Client Feedback: Before and After Xero Implementation
Before integrating Xero, Pearce had high hopes of offering a holistic solution synergizing with government reforms and market needs. Post-implementation, he praises the cost-efficiency and speed that Xero and JacRox brought to Qualitas.
Xero Accounting: A Transformative Solution for Qualitas and Beyond
The success story of Qualitas serves as a testimony to the transformative power of Xero accounting software. It suits businesses with complex needs, like Qualitas, and is an ideal solution for medical professionals with limited accounting knowledge.
By opting for a cloud-based, easy-to-use accounting solution like Xero, Qualitas has positioned itself as a forward-thinking company that leverages modern technology to provide top-notch services. This move has been beneficial for both the company and its clients.
We were instantly impressed with their approach to accountancy
Mark Moppet | Managing Director
JacRox is transformational, saving us hours a week in mundane tasks, making life easier.
Duncan Ogilvie | Managing Director
On every occasion we’ve sent an enquiry they’ve been straight back to us with an answer
Paul Mulderrig | Managing Director
Xero businesses we’ve helped achieve great things