The largest group of independent opticians in the UK, the Hakim Group started life in 2001 as one optical practice in Bolton. Now an innovative portfolio brand with more than 120practices, the Hakim Group has ambitious growth plans which will see them expand their operations internationally and into new sectors.
Having outgrown their Sage 50 finance system, The Hakim Group approached ION to help them transition to a cloud-accounting solution that would future proof their business.
The main objective for Hakim Group was to centralise financial reporting and reduce the administrative burden on each individual entity. Removing manual consolidation and getting everyone working from the same central finance system were therefore critical success factors.
As a growing international business,Hakim also needed a system that would scale as they do, and in particular, needed a solution that would allow them to easily add new entities into the finance system.
Through Sage Intacct, Hakim Group has reduced their close time by more than 90%. With all financial operations centralised, the board can get a clear view of the real-time business position at all times.
With powerful automation features streamlining business processes, local teams can focus on branch operations, whilst finance teams can use the system to drive strategic insights to the board.