This is a service that has come as a request from you, the customer. We are one of the only intregrators worldwide that only employs accountants for our operations team.
We have a separate IT department to deal with those nasty tech issues. As a result, we not only understand our niche, which is inventory management, but we also understand the accounting that goes behind it.
What is “Review and Repair”?
In a nutshell, it’s an audit/reconciliation of your system.
For those accountants out there, you know how difficult it is. For business owners, it’s pulling at the remainder of your hair, because COGs, SOH, Sales, and Purchases in your Inventory do not match up with your accounting system (Xero, QBO, etc).
Trying to figure it out can be a nightmare, and to be honest, it’s hard for us as well, and we do it every day. But, over time, we have worked out a methodology of checks and balances and know how to sort through the enormous task to get to the end result, a system that matches. We do all the hard reconciliation work and, when complete, we provide recommendations.
Sometimes, clients, then, choose to have us re-implement the entire system, which includes all our workshops, training, cleaning up data (ie product data, customer, etc), and re-configuring the system better, this will all incur an additional charge depending on what services you use.
What Recommendations Would you Make on a Typical Review?
Typically, we would do the following:
Show all discrepancies and explain how to fix it.
Explain how to avoid making the current mistakes in the future.
Recommend how to better prepare for month-end.
Deliver training for your operational staff, i.e. sales, purchasing, finance, etc. (and could include a training portal at an additional charge)
Suggest best workflow practices.
Can you Provide a Monthly Health Check?
Yes, of course! This can be incorporated into a support package. It will include reconciliation for your systems, a 1-hour meeting to go over the issues, and a report with recommendations on how to fix the issues.
How Much Would This Cost?
The initial repair and review is quite time-consuming and can take a lot of time to complete. Sometimes, its almost a re-implementation and costs can vary from $5,000 – $20,000.
$5,000 – $20,000
The health check will cost $2000 per month with support being included in that duration
Book Free Discovery Call
Come and visit our quarters or simply send us an email anytime you want. We are open to all suggestions from our faithful clients.