Prestige Loos

An MYOB Advanced implementation meant better invoice management for Prestige Loos

Prestige Loos’ old accounting system could not keep up with the growing number of invoices they received. MYOB Advanced (Acumatica) was their solution to improve operational control, get control of their financial process, and expand their business.

Who is Prestige Loos?

Prestige Loos is New Zealand’s leading provider of premium, portable sanitation. They operate the largest fleet of portable toilets, high-end restroom trailers, and modular bathrooms for hire across Auckland, Waikato, Bay of Plenty, and Wellington regions. The family-run enterprise recognised a gap in the market for premium portable toilet services – the film and production industry. Since 2004, they have expanded their offerings to include construction and events.

What catalysed the switch to MYOB Advanced (Acumatica)?

Prestige Loos experienced rapid organic growth in parallel to acquisitions. Their previous accounting software could not keep up with the growing volume of invoices, now more than 4000 per month. Invoices were late to be sent out, there were issues with accuracy, and in some cases, customers were not receiving invoices. This perpetuated a vicious cycle of reduced collections and a tedious re-invoicing process. Recognising the limitations of their current system, Prestige Loos sought a more robust solution to manage their operations effectively. They turned to MYOB Advanced (Acumatica) for enhanced operational control and improved performance. MYOB Advanced offered the scalability and flexibility needed to meet Prestige Loos’ evolving needs.

What Changes Followed the Decision to Implement MYOB Advanced (Acumatica)?

The MYOB Advanced implementation improved productivity, visibility, and accuracy in Prestige Loos’ financial processes. They value the integration between the General Ledger, Cashbook, Purchase Orders, Accounts Payable, Accounts Receivable, and Fixed Assets modules. Invoices and statements are generated and sent efficiently, leading to increased trust and customer satisfaction. Period financial results are accurate and available within days, streamlining month-end and year-end processes. For month-ends, MYOB Advanced has enabled a close on the 8th working day (occasionally earlier), compared to the earliest of the 20th with the old system. MYOB Advanced (Acumatica) has freed up resources previously spent on manual tasks. This allows the finance team to focus on strategic initiatives and business improvement opportunities.

Where Are They Now?

Previously, Prestige Loos’ customers harboured doubts about the reliability of Prestige Loos’ invoicing and accounts receivables. Now, client satisfaction has improved, noting the precision of their statements and invoices. Prestige Loos no longer needs their staff to work long hours to stay on top of constant mistakes and queries; all of that is handled automatically by MYOB Advanced. The company remains committed to enhancing customer service and asset performance, leveraging the capabilities of MYOB Advanced to drive continuous improvement and innovation. With a smoothly functioning ERP solution in place, Prestige Loos is well-positioned for future success and growth in the portable sanitation industry.

How do I achieve a successful MYOB Advanced implementation?

A successful MYOB Advanced implementation depends on managing 3 critical risks:

  1. Software Risk
  2. Implementer risk
  3. Self-Inflicted Risk

You can reduce your risk by selecting the right implementation partner. Although there are many different partners to choose from, you need the one that will work with you every step of the way. Managing risk is an important part of an implementation; selecting a low-risk partner is critical to a lifetime of success with your Business Management system.

Kilimanjaro Consulting ticks all the boxes when it comes to choosing the right partner:

Kilimanjaro Consulting is the largest and most experienced implementer of MYOB’s Enterprise-level business management, accounting, payroll, and workforce management solutions: MYOB Advanced and MYOB Exo. We are experienced, low-risk implementers, helping organisations improve efficiency in their businesses through the use of clever, innovative, and proven technology.

Free resources to help you further

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If you are ready to start your Business Management System journey, choose Kilimanjaro Consulting as your trusted implementation partner. If you don’t know where to start, download our free E-Book that will take you through everything you need to consider and what to be wary of during this process.

Kilimanjaro Consulting is the largest implementer of MYOB’s Business Management Software across Australia and New Zealand. We take the time to understand your business and only recommend the products that can meet your needs. To start a conversation about how MYOB Advanced can improve efficiency in your organisation, email or call 1300 857 464 (AU) or 0800 436 774 (NZ)

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