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January 20, 2020 • News

Karmarama

Karmarama is an independent group of multi-disciplinary agencies based in Farringdon that had been using Paprika for its financials since 2004.

 

The situation

A merger with another agency meant that existing and inherited systems needed to be fully integrated, so Karmarama turned to Paprika to find a solution that would bring all its information into one place.

 

Kate Kelsey, Finance Director of Karmarama, said: “From the accounting perspective we could see what had been invoiced and what cost has come in against a job, but we had our time held in a different system and estimates in. So that was the biggest challenge we had - we were looking in two different places if we wanted to look at how a particular job or client was performing.”

The solution

Utilising its fully integrated job costing and accounting functions, Paprika Software, was able to meet those needs, working with Karmarama to smoothly migrate all the data into one single system.

 

Kate added: “There was quite a lot of work to be done but we were helped through that process by Paprika every step of the way in terms of migrating all the historical data over – so it was actually a relatively smooth process.

 

“The fact that all the information is in one place makes a huge difference. We now have a view where we can see what’s been estimated, what’s been invoiced on that job and the hours that have run against a job – it’s all in one place, it’s all live, it’s all up-to-date information. That’s all really powerful.”

The results

With Paprika supporting the process from end to end, the group is now achieving the high level of consistency it needs.  A Single Data Multi Company (SDMC) configuration co-ordinates multiple companies within the group that are working for the same client, enabling reporting as a group, or as its individual companies - Karmarama, Kream, Kaper, Krowd or Nice.

 

For more information on how Paprika can give your business the clarity you need, please contact us today.