Converted an in-house accounting software to a cloud based system, which in turn decreased IT and overhead costs. In addition, it reduced the time required to produce financial reports by 10 days.
Implemented a cloud based accounting system
Business Type: Management Company
Industry: Real Estate
CAse Study
Company was increasing Revenue and Profit Year over Year, but had negative cash flow and drawing down on their line of credit. Fixed the problem by negotiating better terms with vendors, implementing inventory controls that reduced excess purchases and reduced the time of billing customers and collection time. Also created reports so team members could monitor the processes.
