Client Relationship Highlights
- With previous industry experience under their belt, our client founded their next start-up with big goals
- Venturity got hired in 2017 right when they set up the entity
- Goal was to have strong financial reporting, prepare for an upcoming audit and ensure they were set up for long term success
Challenges Driving Change
Having been down this road before, the management team selected a very robust ERP software at the start of their venture. Although this solution got the job done, the system was so “big” that it caused unintended inefficiencies for this fast-moving company. It became clear that the significant amount of unused system features did not justify the cost.
Thinking Outside the Box
As this client continues to grow, our team works diligently to provide financial information and guidance in support of their goals. We suggested that changing their accounting system would bring about several benefits. After evaluating the full picture, we selected QuickBooks Online (QBO) as the best fit for their business. The transition to QBO was completed in less than four days. Even better? In addition to keeping them ahead of potential problems amidst their rapid development, the software conversion proved to be far more valuable than originally anticipated: our client saved about $30,000 a year, and aren’t wasting money on unused features. Talk about a win-win.