Financial Advantage

Reporting to a regulator is necessary but in itself does not provide any return on the costs that are incurred. This means that there is often an even greater focus to reduce costs in this area compared to other functions. Investment in a software solution must prove itself to be a worthy use of funds for an organisation, providing a return in the form of cost savings.

Cost causes include
Cost of time - Good people don't come cheap. Spring Programs helps to make better use of your time by providing a simple to use product so you spend time completing the returns, not figuring out the software. SPRiNG has all the time saving features that you could want, multiple source import, automatic validation of data, variance analysis, drill-down to account level, electronic transmission. These all take the drudgery away from reporting. The robust software minimises downtime, but if something is amiss, the fast and efficient Hotline means that you won't be wasting your time waiting on the other end of the telephone for an answer.

Cost of software - We believe that both our initial fees and ongoing maintenance fees represent good value for the quality of product and service you receive.

• We do NOT charge when your regulator amends its returns. We even provide their new forms - free.
• We do NOT charge for functionality upgrades.
• When we bring out a new feature we make it available to all of our users - free.

SPRiNG's import rules and structures are open so you have the choice of using our consultants or your own in-house staff to make changes. You won't be held to ransom on consultancy fees by Spring Programs.

Indirect costs - Fully flexible import structure means little or no re-engineering of source data systems, minimising implementation costs. Moving to paperless reporting removes the cost of couriers and storing paper copies. Audit trails are stored electronically with returns, so supplying information to auditors is simple. A fast, reliable and knowledgeable Hotline gives you confidence that your returns will be completed accurately and on time, incurring no penalties.

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