A manufacturer and supplier located in Ottawa County, MI was looking to reduce business operating costs and improve efficiency throughout the organization. The president of the company, Jim, needed more accounting expertise. He wanted to find a solution where he could outsource all of the company's accounting needs, save money for the business, and increase product sales to companies throughout the world.
Jim reached out to his tax partner - Beene Garter - for a solution. For over 40 years, he had trusted our firm with the company's year-end financial reports, tax filing, and various other accounting and business consulting projects. Jim felt confident we could help him with this new challenge. And we did. We introduced Jim to our accounting outsourcing services, which combines a team of accounting professionals and the leading software suited for the wholesale distribution industry, Sage Intacct.
Accounting outsourcing services used:
- Vendor payments
- Account reconciliation
- Prepaid expense schedule management
- Monthly commentary on financial statements
Results
Increased understanding of profit & loss statements and inventory levels
Gained instant accessibility of financials statements and reports
Improved efficiency with accounts payables
After a year with Beene Garter's accounting outsourcing services, Jim likes that he can see the company's real-time financial performance whenever he logs into Sage Intacct. He has a greater understanding of inventory levels. Better control over expenditures. He approves all vendor payments which gives him a greater understanding of where and how money is spent. Jim knows he'll face no issues with any taxing authorities. He has more time to focus on the business. He's getting the financial information he needs. And, we're keeping the company's financials in good standing.