Accounting firm with a team of 7+ having multiple sector clients with a turnover of half a million.

Business Challenge

  • Accounting on a day to day basis
  • Shortage of in-house staff.
  • Hiring right accounting personnel within the allocated budget.
  • A last-minute rush to file accounting to achieve the deadline.
  • Vendor payment was not chased at a regular interval.
  • Not able to focus on new clients.

Our Process

  • Reviewing ongoing accounting process & challenges
  • Understanding of ongoing clientele deadline and accounting task
  • Reviewing in house employees activities and task
  • Understanding ongoing accounting in-house CRM functionality for cloud software integration
  • Reviewing KPI & SLA

Solutions Offered

  • Process flow was designed to streamline activities
  • Relocate client to accounting cloud software to simplify the accounting process
  • A team of experienced personnel was allocated to the client
  • Filling and chasing payment was done within the given deadline
  • Weekly & monthly reports to review activities task
  • Client was reviewing rather than involving in all activities

Client Benefits

  • Business Scale up by 26% as focus was on core activities
  • client was able to achieve growth in new clientele
  • Hiring cost reduced by 50%
  • Time zone benefited in turnaround time and achieving deadlines
  • Outstanding invoices were chased at regular interval to decrease DSO
  • Expertise staff benefited to streamlined process in 2 months