29 - April - 2005

Taylor Woodrow announces 33% time reduction in month end accounts by using Causeway

Taylor Woodrow Construction, a customer of Causeway Financials for over 2 years is reaping the rewards of implementing Causeway Business Intelligence, a world class data mining, reporting and performance management tool.

The company is focussed on delivering first class business solutions to their targeted customers through Construction, Facilities Management, PFI and Engineering Projects.

By combining Causeway Financials with Causeways Business Intelligence (BI) module, Taylor Woodrow is making significant time savings during month end accounts, eliminating 3 out of 9 days per month.

Next to your people, the information locked inside your IT systems represents one of your most valuable assets. What is your cash position today, what might it be tomorrow, which projects' spending should be setting early alarm bells ringing? The data that gives the answers to all these questions and more is sitting inside your existing IT systems. The challenge is how to turn that data into meaningful information, and the answer is Causeway's new Business Intelligence offering.

George Restall, Head of Accounts comments "Causeway BI has allowed us easy access to the data in our underlying accounting ledgers. Where previously we would have printed data out to re-key into spreadsheets for further manipulation and presentation, with Causeway BI the presentation spreadsheets are produced direct from the system, saving time and eliminating the possibility of errors. This also gives a clearer audit trail, leading to efficiency gains in the annual audit."

Part of a major product launch that opens up Causeway's Project Accounting suite to new technologies and customers, Causeway's Business Intelligence toolkit is a new module that facilitates stunning analyses of your existing information. You can choose how to exploit this toolset in your business - easy to use powerful end-user tools with familiar Excel interfaces, or a managed IT- style solution. Or a combination of both.

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Further information contact:

t: +44 (0) 1628 552063

e: tim.nichols@causeway.com