The Numbers That Matter
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80%
Less Financial Closure Time
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99%
Clear Inventory Count
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Daily
Multi-Channel Snapshots
About The Client
The company is a US-based home décor e-retailer catering to lifestyle buyers across the country. They were struggling with recordkeeping delays, clearing of accounts, non-compliance, reporting issues et al. The range of services delivered spanned General Ledger, Accounts Payable and Receivable, Month-end Closure, and Payroll Records.
Problem
Untimely accounting records across months resulted in inaccurate clearing accounts and non-compliance with timely closure of books. Their multi-channel progress reporting live sync was also incompatible with their accounting package. As a result, real-time statuses and reports failed to be displayed accurately.
Solution
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Rectified Processs Gaps Conducted an extensive due dilligence of existing finance & accounting processes to identify gaps and anomalies.
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Process Impovements Brought accuracy, internal controls, transparency, and compliance.
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Effortless Reconcilation Set up monthly reconciliation of the clearing accounts to ensure up-to-date data
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Data Synchronization Implemented live sync of clearing accounts with Shipstation and ERplain sales platforms.
What Our Client Says
With accounting records firmly in place and the everyday availability of channel reports, we can now fast-track business decisions and explore growth opportunities. Centelli is like our backbone now!
Business Head,
Lifestyle E-Commerce Firm