Accounting and Finance Transformation for a U.S. Based Specialty Retailer
Our team had the opportunity to collaborate with a retail specialty company that specializes in high-end protective eyewear and quality luggage sets. Our California-based client owns and operates over 50 stores in California, New York and Nevada. To meet the client’s financial management requirements, we built a highly dedicated and skilled team of professionals specializing in the fields of finance and accounting. This team’s responsibility was to oversee and execute major financial operations such as month-end closing procedures, budgeting, forecasting and in-depth financial analysis.
By carefully handling these operations our team ensured accuracy and compliance with all necessary regulations and also helped reduce costs and improve efficiency. Due to this finance outsourcing, the client ended up saving about 400,000 dollars a year. This financial improvement made it possible for the client to reinvest those savings into other vital areas of their business, thus helping them grow their business and improve their market position. Overall, our finance outsourcing collaboration helped the client in effective financial management and strategic planning in supporting and boosting business operations.