A DIY modelling system
Monday, 29th October 2007 by Catherine Woods
When Warren Partners FD Karen Jones couldn’t find an off-the-shelf modelling system she liked, she created her own system for the Cheshire-based headhunting firm.
“I trained with Price Waterhouse, worked with Ernst & Young and have very good Excel spreadsheet skills.
"When I looked at packages it was easier to have a bespoke one, which I’ve tailored over the years,” she says.
The system links with the Sage accounting software packages the company uses for processes such as payroll. “For us, a bespoke system works great. That’s just the way we do it.”
Jones is clearly a woman who likes to keep her house in order. “We’ve got very good financial systems and forecasting procedures in place. We get management accounts ten days from month-end.
“We have a tracker for sales revenue going forward and good control of overheads. It’s good house keeping, basically.”
Tags: warren partners, karen jones, accounting software packages, excel spreadsheet, management accounts, bespoke system,
