Loyalty NZ makes a flying start with Microsoft Dynamics NAV
Hamstrung by an inflexible accounting platform that was not meeting rapid business growth, the company behind Fly Buys sought a robust, scalable solution that would produce a real time view of key business processes…
Loyalty New Zealand Limited manages Fly Buys, the largest loyalty rewards programme in New Zealand with over 2.7 million Fly Buys cardholders.
Fly Buys launched in 1996 and now has 80 percent penetration into New Zealand households. The group of businesses that makes up Loyalty NZ sees their investment in Fly Buys as an unmatchable long-term competitive advantage, and thus they attach great weighting to the need to have a strategic financial package that would support long-term business growth.
Loyalty NZ was constrained by an existing legacy accounting application that was not robust enough or scalable for the business, was prohibitive to maintain and delivered little reporting functionality. Desiring a multi-dimensional view of their financial processes and more dynamic reporting tools, Loyalty NZ went to the market to identify a technology partner that could demonstrate proven expertise in strategic financial applications.
One company’s experience is another’s gain
Finance manager Stephen Bayley says: “Intergen stood out as a Microsoft Gold Certified Partner, and their work with the Electricity Commission spoke volumes. They were able to demonstrate in-depth knowledge of Microsoft Dynamics NAV by showing - OK here’s how we understand this customer’s business environment and here’s how we can add measurable business value. Intergen’s Invoice Approval Master streamlined our invoice approval process and is a great example of the measurable business value Intergen provided.”
Lloyd O’Keefe, project manager for Intergen, says: “Loyalty NZ had a number of key business drivers which we could confidently tick off on this FMIS (Financial Management Information System) project. As part of our project methodology, we first undertook shadowing exercises to understand their business practices. We then designed improved business processes that delivered better efficiencies across financial administrations tasks, provided smarter tools for budget holders to increase their accountability, and provided more flexible and strategic reporting and data mining. It was all about improving business performance to increase the level of service to Loyalty NZ’s business participants.”
10-week turn around - on time, on budget
Stephen Bayley comments: “We definitely have a new ability to slice and dice information in a more strategic manner, and that will give more independence to business groups to manage their cost centers more effectively. We’ve been able to tighten up on processing at the front end, and we’ll start to see some real gains in administrative processing times. We’ve got 100 percent data capture, quality reporting and a richer environment to work with. Some wins will be immediate, but the real intention was creating a robust platform that will provide what we need in the future, by bolting on more capabilities as required. Looking long-term, we expect further benefits.”
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