An international production company wanted to establish an effective Accounts Receivable (AR) and Collections function while reconciling, correcting and processing a backlog of transactions resulting from a prior acquisition.
Accounting department’s capabilities didn’t support the sudden influx of AR volume. In addition, manual efforts were needed due to an antiquated, acquired accounting system and incorrect invoicing that resulted in payment refusals.
Operational accounting experts deployed
“You clearly approach the business the same as I do...Lean with a constant process improvement approach. I want to partner with a firm like that...” - CFO