Wednesday, 12th May 2021
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Octopus Energy selects Aqilla

Aqilla, the cloud finance and accounting software specialist, has been selected by Octopus Energy, the energy tech disruptor, to supply its online accounting solution to deliver the combination of simplicity and cloud-based agility that keeps pace with the company's changing needs and rapid growth.

With over 1.9 million domestic energy customers, and adding 50,000 more each month, Octopus Energy chose Aqilla as it offered a streamlined process and strong user experience, alongside best-in-class report editing and query building enabling real time publishing. With the ability to deliver management reports simply, with views at both summary and detail level, a web-based dashboard also makes it easy for authorised staff to view data at an instant, at any time, from anywhere.

Octopus Energy is committed to sustainable practices, both through its customer offeringand also, within its workplace culture. Aqilla supports minimising the use of paper by bringing the bulk of documentation, processes and reporting online, and making them easily accessible throughout the business. Aqilla's flexibility also means they can work closely with Octopus to automate processes and keep tasks moving swiftly, with minimal business disruption.

Aqilla offers full accrual-based accounting, extensive budgeting, forecast and commitment control features combined with an enterprise class, robust general ledger system that includes full workflow approval and data audit features make it an attractive choice for commercial and governmental organisations wishing to deliver faster business benefits and reduce cost.

"Aqilla's simplicity and strong user experience combines well with the availability of extra reporting functionality that's there if we need it," commented Genny Wu, Finance Manager at Octopus Energy. "But the best thing about Aqilla is its flexibility. The business is growing and there are a lot of demands and requirements on the reporting-side. The system is flexible enough that I can quickly adapt the reports to my current needs and generate the data I need, which is extremely useful."

Aqilla CEO Hugh Scantlebury commented: "Aqilla was designed to meet the needs of agile, fast growth organisations like Octopus Energy who want the insight, flexibility and control that only a cloud-native accounting and finance solution like ours can deliver. It's great to see our technology do so much to improve employee experience as well as play a part in minimising impact on the environment."

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