Business Management White Papers
Credit Union Streamlines Financials, Enabling Growth While Keeping Headcount Constant
Overview Addison Avenue Federal Credit Union for technology workers, offers financial services to employees and family members of Hewlett-Packard, Agilient Technologies, and more. Assets at the credit union have grown from U.S.$800 million to nearly $1.8 billion in eight years. The legacy general ledger used by Addison Avenue struggled to keep up with growth. The system lacked necessary reporting structures and financial analysis tools. In addition, finding information within the system was frustrating. To remedy the situation, Addison Avenue paired with Microsoft Gold Certified Partner, CBIZ Technologies, and implemented Microsoft Dynamics GP. The solution streamlined tasks, shortening the month-end financial accounting cycle by three days and the monthly expense analysis by two weeks. Microsoft Dynamics GP allowed Addison Avenue to grow exponentially without adding additional accounting staff.
| Publisher | Microsoft | File Format | WORD |
|---|---|---|---|
| Date Published | September 2006 | ||
| Format | Case Studies | ||
| Topics | |||
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