Innventory for Innovation… A New Era!

April 12, 2011 - PRLog -- Managed and staffed by key people from the industry, Innventory provides highly professional and specialised pub accounting, stocktaking and payroll services as you would expect. What you may not expect is a fresh, innovative approach to serving the market.

Victor Wood, Managing Director of the EKW Group of companies that own the Innventory brand said, “We have a clear vision of how our organisation should look in the years to come and have developed positive strategies to make sure the pub industry enjoys the service excellence it both demands and deserves.
“We’re very pleased to present Innventory to the market and we’re extremely confident that clients, and the industry as a whole, will rapidly come to regard it as the best of breed. One of our first operational tasks was to secure a client base and we are pleased to announce we’ve already engaged literally hundreds of clients and we’re extremely grateful for the support we’ve received from pub companies as well.”

Neil Foster, Director of Sales & Marketing, added, “A vital strategic component was to bring something new and exciting to the market and we feel we’ve really hit the bulls eye here. We wanted to launch a product to dramatically improve the profitability of pubs, either singly or throughout entire estates, while providing a platform for significantly reduced professional fees.

“The result of that is a whole new pub management concept utilising what is known as cloud computing. So what we’re looking at here is web-hosted Software-as-a-Service (SaaS) which is recognised as a rapidly growing sector within IT. No huge investments, maintenance or security issues to worry about.

“Simply put, it is a web-based database application designed to help you run your pub business. It is made up of a series of ‘modules’ each of which covers a major business function. Because the application is web-based in can be accessed from anywhere in the world, at any time of the day (or night!). Customers can choose to subscribe to as many or as few modules as they wish, on an annual basis. In addition there are a number of ‘linking’ modules that are free to all customers. These are used to set up common information that may be used by more than one module. This allows you to set up detailed cost centres and departments, supplier information and stock locations for example.

“Then the power of the application really starts because you can add other modules. The Recipes and Menus module provides your business with all the tools necessary to control your costs and maximize the profitability of your food service operation. With our extensive feature list you are able to construct food offerings from the simple to the extremely complex.

“There’s even a stocktaking module, for wet, dry and combined stock, which puts you firmly in control of this costly asset and you can choose to undertake counts yourself or select from a variety of options to work with an Innventory stocktaker. By the time you add in POS links and electronic financials to link straight to Innventory accounting services you’ve got a really powerful tool to make serious money for around the equivalent of the profit on a filled jacket potato or a bowl of soup per day – that’s just fantastic value. It helps you work at your business, not just in it!”

Innventory – a brand built on traditional values and professionalism, but with an innovative approach to control systems for any leisure business. In fact, we like to think we take the pain out of number-crunching. Now I bet you didn’t know accountants could do that!

Contact Innventory on (CALL FREE) 0800 7317692 or visit http://www.innventory-lta.co.uk

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EKW Group is recognised as a leading retail accountancy specialist and has been providing bureau and outsourced accounting and associated services to retail branded networks since 1935.