Group headquarters controls each subsidiary using cost-effective business IT system

In order to save a company from going into liquidation, at least 300 jobs are expected to be axed nationwide. The rescue bid at luxury carpet maker Axminster Carpets by an unnamed party aims to buy the struggling concern out of administration, according to the BBC. The origins of the firm date back to 1755 when Thomas Whitty started making carpets and rugs in the eponymous West Country town using what became known as the Axminster method of weaving.

Businesses attempting restructuring will find a Tensor Time and Attendance system highly useful. Available in Lite, Small Business and Enterprise versions, the WinTAnet system is cost-effective for those firms containing a handful or thousands of staff. It operates with differing staff number and remote locations supported. The flagship Enterprise edition allows a Group headquarters to control each subsidiary business that may each be based at different local or international locations. All editions are suitable for use with SQL or Oracle databases.