Company:

Storage King is a leading provider of self-storage solutions
in Australia and New Zealand, with a network of over 200 store
locations. Founded more than two decades ago, the business offers a range of services including secure self-storage units, removals and packing. The business is part of the Abacus Group, a leading investment and asset manager in the real estate sector. Abacus Storage King is listed on the Australian Stock Exchange.

Industry:

Real Estate/ Property & Franchising

Company Size:

400 + Employees

Region:

Australia

Software Implemented:

SAGE INTACCT

Storage King’s Journey to Enhanced Software Solutions

The presence of isolated data and the challenges of managing a multi-entity organization result in increased manual administrative work. Storage King, which has more than 200 locations, operates a mix of company-owned, investor-owned, and franchised stores. After conducting a systems audit, the company recognized the necessity to upgrade its accounting and financial software to better address its intricate requirements. The previous combination of on-premises and cloud-based systems failed to provide essential features such as efficient transaction processing and comprehensive consolidations across the organization.

Sage Intacct was selected for its ability to integrate smoothly with the Storeman business management system.

The transition was managed by our team here at Forpoint Solutions and the client experience was amplified by the knowledge and local support throughout the project.

Their knowledge guaranteed that Sage Intacct was configured to provide immediate efficiencies. The system streamlines consolidations, resulting in quicker reporting and minimized manual administrative tasks.

“By taking a 360 degree view of our clients’ business and accounting goals we are able to implement world-class financial software tailored to the specific needs of each organisation. Our team becomes an extension of the client finance team, ensuring
collaboration and seamless integration.” David Shahinian – Director of Solution Delivery 

Cloud-Based Data Sparks Innovative Strategies for Storage King

After adopting Sage Intacct, Storage King has experienced access to real-time data, decreased manual administrative tasks, and improved multi-currency and multi-entity functionality.

This scalable system, powered by customizable applications, has established a robust foundation for insights at the head office level, enhancing engagement and functionality across the entire network.