Background

Our customer is a large distributor of steel plate was growing very rapidly. It had grown from a small to a mid-sized firm in just a few years. As a result, its internal accounting infrastructure had not kept pace. It had an old accounting system with poor reporting capabilities and could not generate accurate or timely financial statements or operational management information. Management was basically flying blind, making assumptions about sales, margins and pricing. Additionally, its staff had grown, and it had a poor payroll solution.

The Solution

Accexperts worked with the customer and external vendors to implement a new accounting system and a new payroll solution. Accexperts also designed and implemented new business processes for bookkeeping, payroll processing, accounts payable, accounts receivable and reporting. We developed comprehensive business rules for processing accounting transactions as well as closing the books and producing financial and operational reports.

Customer's Benefits

• Timely financial and operational reports to manage their business
• Save substantial costs
• Enhanced control of financial processes
• New performance measures to monitor process results