coe & coe - Konnect Books | Accounting Outsourcing, Bookkeeping Outsourcing, Finance and Accounts Outsourcing, Outsourcing Accounts Services

New York, Michigan, USA | Pune, Ahmedabad India +1-954-836-1391

Cases
coe & coe

The company is into the business of Café Shops wherein they are more popular for their secret recipes on Panini. The business is spread into three locations – Cremorne, Footscray and Port Melbourne.

challenge

Working simultaneously on couple of software and monitoring reports to assess the data flow/ incorporation to the ERP for requisite integration and finalization.
Too many documents, uncategorized and unclassified records.
Intensified recording of raw materials which is required to be maintained thoroughly and then data to flow into the ERP on unavoidable losses.
Non availability of experts bringing along cost effectiveness.
Reporting standards required high end analysis on the accounts, such as timesheet vs Wages vs Sales, profitability, material costing and such other related information.

solution

Understood their business’ work ethics and streamlined the accounting processes.
Periodical report reviews, manage documentation, analysis of daily operations.
Ensuring deliverables within deadlines and no time lags between accounting, analysis and reporting.
Data analysis and financial modeling in addition to regular bookkeeping to gain additional know how on the operational efficiency.
High Quality information to support strategic business decision and enhance business development

result

The standardization of processes led to uniformity in data representation and adequate governance.
Implementing and integrating the desired business processes leading to work effectiveness.
Focus on priorities and strategies helped in enhancing the business decisions.
Helped to steer the organization’s day-to-day operations and increase efficiency.
A holistic management process for ensuring the continued successful operation.