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Case Studies

Stuart McKelvie CFO of Celco for Telpay case study
Stuart McKelvie FCA
CFO
Celco Controls Ltd.

Celco

Case Study

Established in 1979, Celco Controls Ltd. is a leading full-service automation controls manufacturer with client firms across Canada.   Celco’s clients include the Royal Canadian Mint as well as automobile manufacturers, pulp and paper producers, utilities providers and food processers.

Problem

As a small company with a long list of clients and suppliers, Celco’s accounting department had a tremendous amount of monthly paper transactions and its signing authorities were always on the go. Coordinating cheque signing was a major inconvenience and took an excessive amount of time. Copious resources were consumed just to keep pace with the flurry of paper, and, for a company that prides itself on leveraging technology for its clients, the problem was particularly concerning.

Solution

Celco’s management team understood that leveraging technology increases productivity and profitability – they have been providing technology solutions to their customers for over 30 years. It was, therefore, an easy decision to integrate Telpay for Business into Celco’s own accounts payable operations.

Results

Telpay’s software interfaced easily with Celco’s AccPac and Simply Accounting programs.  The upgrade streamlined their payables and Celco saw a 30% savings in accounting overhead. Gone were the clunky manual transactions, piles of paper, and associated frustrations at month end. Telpay enabled Celco to implement an efficient internal accounting system that was easy to set up and very easy to use.

Testimonial

“Implementing Telpay allows us to manage our payments more effectively; processing is spread out eliminating the big rush at month end. I can pay bills whenever and wherever I want. I can pay bills at night, in the airport – I don’t need to be in the office, which makes me more efficient and saves us time and money. Telpay is simple and convenient- it is a one-stop application for virtually all of our business’s payments…”
—Stuart McKelvie FCA, CFO, Celco Controls Ltd.

 

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