Manufacturer Focuses On Increasing Sales And Business Performance After Outsourcing Accounting to Beene Garter
Challenge

A manufacturer and supplier located in Ottawa County, MI was looking to reduce business operating costs and improve efficiency throughout the organization. The president of the company, Jim, needed more accounting expertise. He wanted to find a solution where he could outsource all of the company's accounting needs, save money for the business, and increase product sales to companies throughout the world.

Solution

Jim reached out to his tax partner - Beene Garter - for a solution. For over 40 years, he had trusted our firm with the company's year-end financial reports, tax filing, and various other accounting and business consulting projects. Jim felt confident we could help him with this new challenge. And we did. We introduced Jim to our accounting outsourcing services, which combines a team of accounting professionals and the leading software suited for the wholesale distribution industry, Sage Intacct.

Accounting outsourcing services used:

  • Vendor payments
  • Account reconciliation
  • Prepaid expense schedule management
  • Monthly commentary on financial statements

Results

Increased understanding of profit & loss statements and inventory levels

Gained instant accessibility of financials statements and reports

Improved efficiency with accounts payables

Saved $30,000 in annual staffing costs

After a year with Beene Garter's accounting outsourcing services, Jim likes that he can see the company's real-time financial performance whenever he logs into Sage Intacct. He has a greater understanding of inventory levels. Better control over expenditures. He approves all vendor payments which gives him a greater understanding of where and how money is spent. Jim knows he'll face no issues with any taxing authorities. He has more time to focus on the business. He's getting the financial information he needs. And, we're keeping the company's financials in good standing.

Jim liked that he could transition all the company's critical accounting needs to Beene Garter and reduce his in-house accounting team. All while feeling confident that the financials would be handled well, without delay or error.
Why would Jim recommend Beene Garter's accounting outsourcing services?
When I'm working with Beene Garter, I have zero worries. Their accounting team is filled with the most pleasant people. They're very knowledgeable and respond quickly to any questions or issues I might have. They take care of everything.

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