Cloud accounting
Through using cloud accounting software, we have noticed a number of improvements to our business, including greater profitability, increased productivity, time savings and an enhanced customer experience.
Our client, the owner of the business

About our client

Our client, a growing business involved in on-site installations, had been trading for three years.

Alongside managing a team of fitters, the owner of the business employed a traditional bookkeeper to carry out the business administration services and accounting function.

The challenges

Limited resource meant that keeping track of company performance and cash was a secondary concern, which meant that:

– Slow accounting processes meant that profits were calculated over three months after year end;

– On-site fitters had to complete paperwork in the office at the end of each week, resulting in clients being invoiced late and the business owner being paid months after each job was finished; and

– Invoicing was a time consuming process, and took the overstretched bookkeeper at least one day per week to complete, taking valuable time away from other duties.

To find a solution, our client approached PM+M and made the decision to install cloud accounting software.

THE OUTCOME

  • MORE EFFICIENT INVOICING
    Cloud accounting provided our client with a faster way of producing invoices and sending them over to the client via email
  • CASHFLOW INSIGHTS
    Customer payments began being posted automatically, meaning that the owner had a clear insight into cash position and was able to make better decisions
  • ON-THE-GO ACCESS
    The owner was able to access the company's accounts from his phone and approve invoices whilst out and about
Begin your journey with us

Get in touch to discover how we can help you achieve more

Stay Connected