Tag Archives: Crescent Capital

TriMedika chooses Flowlens cloud MRP software

BELFAST, NORTHERN IRELAND, 5 May 2020: Crescent Capital’s Flowlens has announced that TriMedika Ltd have chosen its cloud MRP and CRM software.

TriMedika develops innovative, smart medical devices, and is experiencing significant demand for it’s new TRITEMP™ non-contact thermometer.

The business has grown rapidly since its inception in 2016, growing to 10 people, and serving markets worldwide.

Process compliance, in particular ISO standards is a must for businesses such as TriMedika, which to date has functioned using a spreadsheet based management system.

Dr Roisin Molloy, CEO continues. “We reached a point where the level of manual effort needed to maintain our system was challenging, with the rate of increase in orders. We also recognised risks associated with reliance on one or two people to construct the spreadsheets, and also the risk of errors.

We needed a system that would let us clearly track inventory and particularly provide traceability for individual product serial numbers. We also needed a way to ensure reliable and robust process management across sales, purchasing, invoicing and inventory that interfaced with our Xero accounts package. With the onset of the Covid-19 lockdown, this need was reinforced, with our team working and collaborating remotely.”

Having reviewed a number of options, we were delighted to find Flowlens, as it combined the sales and operational functions we needed with very flexible reporting and real-time dashboards. It means we can all be on the same page, even when we’re not in the same building. Flowlens is built for small but growing businesses like us, with CRM and MRP functionality under one roof.

Support and training was also vital for us. Before signing up, we took a free trial of Flowlens and worked with the team to set up our process and import data. It was clear Flowlens were interested in our business, and that we could work with them to get the outcomes we needed.

We will save a lot of time by replacing multiple spreadsheets and repetitive data entry with Flowlens, and I’m looking forward to using the extra time to drive our business forward.”

Rich Dale, CEO of Flowlens added “Even in the midst of the Covid-19 pandemic and lockdown, smart companies are investing in strengthening their systems and processes. We are absolutely delighted to welcome Roisin and the TriMedika team to Flowlens.

This deal underlines Flowlens’s capability, not just as a CRM or MRP and inventory system, but also as a robust business process management and compliance tool for ISO audited companies. We’re delighted to play a part in TriMedika’s continued success.”

For more information contact Rich Dale – rich@flowlens.com

TriMedika – https://TriMedika.com/

Headquartered in the UK, TriMedika has over 20 years’ experience in the design, manufacture and distribution of medical products into international clinical markets. TriMedika’s products include TRITEMP™, a new non-contact thermometer for clinical use, giving easy, fast and accurate body temperature reading.

Flowlens – https://flowlens.com

Flowlens is cloud-based CRM, MRP and Reporting software aimed at small but growing equipment supply and manufacturing businesses. Flowlens integrates with Xero, Quickbooks and Sage. Flowlens enables more efficient processes, with customers typically saving a day per week per person in admin, and reporting 20-30% uplift in sales.


Modern Democracy Celebrates Successful Delivery of Modern Polling Solution in 2019 UK Elections

NORTHERN IRELAND, May 2019: Modern Democracy is celebrating the successful deployment of its revolutionary new digital technology in the UK’s 2019 local elections.

Established in 2014, Modern Democracy already employs a team of 20. Its award winning Modern Polling platform, the first of its kind, was successfully deployed in 143 Polling Stations in England.

Modern Polling brings an online electoral register to the Polling Station and a dashboard with real time information displaying statistics such as number of ballots and voter turnout.

Modern Polling Dashboard

Founder Siobhan Donaghy says she owes the successful delivery of the Modern Polling software to a loyal and dedicated team:

‘Our people developed the cutting edge software and delivered first class services to our customers. Plus. We’re backed by incredible local support of InvestNI. We also have the confidence of our investors, a number of NI based business angels, and recently completed a £750,000 funding round which was led by Crescent Capital and supported by Techstart.’

Modern Democracy employs more than 20 people in Derry City and continues to expand. Right now, that expansion is creating a number of exciting new vacancies for talented individuals.


New York State Comptroller

Thomas DiNapoli
Thomas DiNapoli meeting some portfolio company CEO’s and directors

BELFAST, NORTHERN IRELAND 13 July 2017 – Thomas DiNapoli, the man in charge of the pensions of over a million of public sector workers in New York state, visited Belfast today.

His trip included Crescent Capital to meet with the Crescent team and a number of the CEOs and company directors from the portfolio companies

The New York State Common Retirement Fund valued at $192 billion (£147 billion) has already committed two tranches of funding to companies in Northern Ireland via Crescent Capital: £3.75 million in Crescent Capital II LP and £9 million in Crescent Capital III LP.

In total, it has invested over $20 million in Crescent, which makes it Crescent’s largest investor after Invest NI.

During his visit last week, Mr DiNapoli received an honorary doctorate from the Ulster University that recognised his investments in Northern Ireland and also his support for the peace process.