COA Solutions Launches Income Management System to the Care Market

Released on: May 8, 2008, 3:51 am

Press Release Author: COA Solutions

Industry: Non Profit

Press Release Summary: COA Solutions (formerly CedarOpenAccounts) announces the
launch of its Advanced Income Management (AIM) system, a sales ledger and invoicing
solution to meet the complex requirements of the care market.

Press Release Body: COA Solutions (formerly CedarOpenAccounts) announces the launch
of its Advanced Income Management (AIM) system, a sales ledger and invoicing
solution to meet the complex requirements of the care market. Integrated into COA
Solutions' OpenAccounts finance system, AIM's sophisticated functionality and
flexibility easily handles the different invoicing and cash collection requirements
laid down by service users' funding organisations.

COA Solutions has a strong presence in the care sector and provides integrated
financial, human resource and payroll solutions to many leading care organisations
including Runwood Homes, Brendoncare, Leonard Cheshire Disability and Caring Homes.

With AIM, care providers can easily meet the complex requirements of local
authorities, primary care trusts and other funding bodies. This includes providing
invoices in the correct format and at the requested time, enabling greater control
of the income management process.

AIM's superior functionality allows care organisations to easily calculate price
changes and provide funders with retrospective price adjustments together with
accrual and prepayment accounting. Service users' personal details can also be
quickly and simply captured and stored including contact information, national
insurance number and date-of-birth.

With AIM tightly integrated into COA Solutions' OpenAccounts, the need for a third
party income system is eliminated, sparing care organisations from the costs, lack
of integration and maintenance issues associated with using a separate solution.

Grahame Marsden, Care Market Manager from COA Solutions, comments, "We have
established a large customer base in the UK care sector and are delighted that our
care customers were instrumental in the specification of our new AIM system. Their
suggestions have helped us to deliver a tailor-made income management solution that
can be quickly deployed to UK care organisations, adding real value to their

Granville Miller, Head of Accounting Policy and Development from Leonard Cheshire
Disability, an early adopter of the AIM system, says "Having started to migrate to
AIM, we can already see the increased benefits in, not just billing, but in the
areas of reconciliation, automatic accruals and deferrals and reporting. We look
forward to the increased productivity we believe can be achieved when we have moved
all our billing over to the new AIM system."


About COA Solutions Ltd
COA Solutions (formerly CedarOpenAccounts) is the UK's leading supplier of
integrated business management and information systems to public, private and
not-for-profit organisations in the service sector. COA Solutions prides itself on
getting close to its customers by understanding their businesses and responding to
their business needs.

COA Solutions' award-winning Smart Business Suite combines core financial
management, procurement, human resource and payroll systems, integrated with a range
of collaborative, document management and business intelligence solutions. These
solutions extend the value and effectiveness of the finance, HR and payroll
departments across the organisation and enable managers in the business to monitor,
analyse and continually improve corporate performance.

COA Solutions has more than 450 experienced and professional staff supporting and
servicing over 3,000 clients across the UK service sector including Companies House,
Newcastle City Council, WHSmith, Royal Bank of Scotland, Aer Lingus, National
Express Group, DFS, RSPB and Great Ormond Street Hospital for Children NHS Trust.

About Leonard Cheshire Disability
Leonard Cheshire Disability exists to change attitudes to disability and to serve
disabled people around the world. Its principal activity in the UK is the provision
of services in support of disabled people in the widest context. These services
include care homes, supported living, domiciliary support, day services, resource
centres, rehabilitation, respite care, personal support and training and assistance
for those looking for work. Leonard Cheshire Disability operates in all parts of the
UK and is the largest voluntary sector provider of care and support services for
disabled people.


Liz Ebbrell, COA Solutions

+44 (0)1625 856505 or 07917 634 705

Ben Carey, COA Solutions

+44 (0)1625 856505

Web Site:

Contact Details:

COA Solutions

London House

London Road South


Cheshire SK12 1YP

Tel: +44(0)1625 856505


  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...