Campbell Crossley & Davis

‘Significant time savings in respect of chasing bank statements and inputting information.’

Chris Brindle, Partner, Campbell Crossley & Davis

About Campbell Crossley & Davis

Campbell Crossley & Davis (CC&D) has been advising companies and individuals with debt issues since 1993. It is a partnership associated with the general accountancy practice of Crossley & Davis. CC&D has three licensed insolvency practitioners who are heavily engaged with all aspects of the firm and focus mainly on corporate insolvency in the SME sector.

The problem

Insolvency practitioners such as CC&D face obstacles and delays in accessing client statements from banks. These delays prolong the entire appointment by holding up critical work. On top of this, once the statements are accessed, there can then be a long process of manual data entry and review, firstly to check that the data is correct and secondly to find any issues.

The Armalytix solution

Working with Armalytix has allowed CC&D to significantly speed up these day-to-day processes, as Chris Brindle, Partner at the firm says:

“We have made significant time savings in respect of chasing bank statements and manually inputting information.”

These time savings are due to the simple-to-complete Armalytix client journey. Within moments, clients can connect their bank accounts and share a comprehensive,  fully analysed report.

This report gives CC&D all the transactions from the required date range provided and, in Chris’ words:

“Is formatted in a way that enables us to more easily identify transactions of interest.”

A quick client journey and a robust report that provides the crucial transactional information at a glance means that CC&D can close cases at a quicker rate and allow for invoices to be reconciled faster. It makes a difference.