Challenge:
A prominent environmentallly conscious, consumer packaged goods (CPG) company struggled with limited visibility into its cash flow. With data scattered across organizational silos, operational expenses, and payment cycles, the leadership team struggled to accurately assess their cash position. This lack of clarity hindered their ability to proactively address cash flow bottlenecks and maintain financial stability in a competitive and fast-moving industry.

Action:
To address these challenges, we implemented a comprehensive daily cash report tailored to the company’s unique operations. The report integrated data from multiple sources, providing real-time insights into revenue inflows, expense outflows, and payment cycles. This tool equipped the leadership team with actionable data for immediate decision-making. Furthermore, we introduced a disciplined approach to building and maintaining a cash reserve. By analyzing cash flow trends and establishing clear policies for reserve contributions, the company was better positioned to handle unexpected disruptions and seize growth opportunities.

Result:
The initiatives brought transformational improvements to the company’s financial management. The daily cash report provided unprecedented visibility across the cash cycle, enabling leadership to identify and address potential bottlenecks in real time. The disciplined cash reserve policy enhanced the company’s financial resilience, reducing volatility and ensuring liquidity for strategic investments and partners. By optimizing working capital and strengthening cash flow stability, the company gained the confidence to plan for future expansion, exemplifying how strategic cash flow management can drive success in the competitive CPG industry.

Challenge:
A young, growing specialty finance company in the green energy space faced significant challenges, including high turnover in the finance department and millions of dollars in losses due to fraud and high legal costs. These issues left their financial data disorganized and unreliable, impeding their ability to make informed decisions and support their growth. They needed a robust financial management system to clean up their data, restore confidence in financial reporting, and prevent future vulnerabilities.

Action:
Successfully led the transition from QuickBooks to Sage Intacct to address the company’s need for a more reliable and scalable financial system. Overseeing the entire implementation process, we managed key phases, including planning, data migration, system configuration, and team training. Prioritizing efficiency and resourcefulness, we executed on a seamless process that aligned with the company’s operational goals.

The transition was completed approximately one month ahead of schedule and under budgeted hours, showcasing effective resource management and leadership. Through comprehensive training, we empowered the finance team to utilize the new system effectively, bringing stability and structure within the department for the first time in the company’s history.

Result:
The adoption of Sage Intacct was transformative for the company. Enhanced financial reporting capabilities allowed for cleaner, more accurate data, restoring trust in their financial processes and mitigating the risk of future errors or fraud. The system’s scalability enabled the company to keep pace with growth while providing real-time insights into key financial metrics. Streamlined processes reduced manual errors and inefficiencies, enabling the finance team to focus on strategic initiatives. Ultimately, the transition empowered the company to recover from past challenges, rebuild its financial foundation, and position itself for long-term growth and resilience.

Challenge:
A growing finance start-up with non-exempt employees dispersed across the United States faced significant challenges in complying with state labor laws for overtime and rest breaks. Their manual time tracking processes were error-prone and inefficient, leading to recurring payroll inaccuracies, dissatisfaction among employees, and a decline in trust and morale. Line managers, tasked with reviewing time records manually, struggled to meet payroll deadlines, placing the company at risk of delayed payments to employees and missed submissions to third-party partners. The complexities of managing time tracking across multiple states, each with unique labor laws, further exposed the company to legal liabilities, potential lawsuits, and reputational damage, jeopardizing their ability to attract and retain top talent and sustain long-term growth.

Action:
To mitigate these risks, we implemented an online time tracking tool that accurately recorded hours worked by non-exempt employees and automated timekeeping processes. The system integrated seamlessly with the company’s payroll platform, significantly reducing errors and streamlining compliance with state labor requirements. We collaborated with the company’s payroll partner, to configure the tool to meet regulatory standards, conducted comprehensive training to ensure smooth adoption, and established clear internal policies to reinforce compliance and accountability.

Result:
The implementation of the online time tracking tool transformed the company’s ability to manage labor compliance. Accurate and transparent timekeeping eliminated payroll inaccuracies, boosting employee trust and satisfaction. The automation reduced administrative burdens for managers and ensured timely payroll submissions, protecting the company from costly claims and legal exposure. By safeguarding its reputation and positioning itself as a compliant and employee-focused organization, the company enhanced its ability to attract top talent and created a solid foundation for sustainable growth. This outcome highlights the critical role of proactive advisory solutions in mitigating risks and driving operational efficiency.

Challenge:
A prominent beverage company found itself in a dire financial situation, exacerbated by a complete lack of visibility into critical operational and financial metrics. The company relied on an antiquated manual system that was no longer supported by the software provider, leaving leadership unable to track billing totals, customer volumes, or case counts effectively. This lack of insight hampered decision-making, hindered revenue growth, and contributed to operational inefficiencies, further endangering the company’s financial health.

Action:
Recognizing the urgency of the situation, we developed and implemented a comprehensive daily billing summary report as a stopgap solution to bridge the company’s data visibility gap. This automated tool consolidated fragmented data and delivered real-time insights into key metrics directly to leadership’s inboxes on a consistent daily basis. While the billing report provided immediate clarity, we simultaneously began working on a long-term solution to replace the outdated system with a modern, scalable platform. The interim tool allowed leadership to regain control of operations quickly, ensuring timely, informed decision-making while minimizing disruption.

Result:
The daily billing summary report delivered immediate value by providing the leadership team with actionable insights into billing trends, customer volumes, and case counts. This enabled the company to identify revenue opportunities, address inefficiencies, and stabilize its operations during a critical period. By prioritizing speed and effectiveness, the solution restored confidence and positioned the company to implement a long-term system overhaul without compromising short-term decision-making. Our swift implementation of a reliable tool delivered impactful results while establishing a foundation for lasting transformation.