Crosslane selects Sage X3 to increase efficiency and improve reporting
Property Group implement Sage solution to streamline processes
Crosslane’s European Financial Controller, Euan Henderson discusses the company’s decision to implement Sage Enterprise Management in order to simplify day-to-day tasks and assist with the company’s ambitious growth plans.
“We have grown rapidly in the last few years,'' said Euan. “We were in need of a system that could manage a large number of companies within the Group, with functionalities for consolidation and intercompany reconciliations.”
Established in 2006, Crosslane Property Group acquire, develop and manage Purpose-Built Student Accommodation (PBSA) assets, with around 100 companies in the group. Crosslane looks to discover business opportunities in a variety of different markets, sectors, channels and countries. It has offices in the UK, France, Germany and Holland.
To ensure Crosslane is able to achieve visibility throughout the business, it opted for Sage X3 Enterprise Management as their business solution.
The system selection process
“Previously we were working with Sage 50 which we had started to outgrow, meaning processes started to become slower and more time-consuming. We have always been happy with Sage so it made sense to upgrade to a system that would fit our growing needs as a company.”
“One of our key requirements was to be able to report across the group for investors or banks as they need to see the full picture of the Crosslane Group. Additionally, it was important for us to be able to carry out repeat billing, dashboard reporting, PO approval workflows and configuring easily.”
“We were really impressed by Datel’s customer support and the team helped guide us to choose the right solution to solve the challenges we were facing. They have fantastic product knowledge and extensive experience which filled us with confidence.”
“We are extremely excited and optimistic about the future. We look forward to seeing how Datel can assist us in achieving our ambitious business goals and how Sage Enterprise Management will aid us in moving forward in terms of growth.”
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