From Lagging Financial Reports to Strategic Business Intelligence, RenewalMD Gains Financial Clarity
Situation
RenewalMD was struggling to get their books in order and their former bookkeeper was taking 90 days to do the month-end close. Their financial reporting wasn't reliable and they were not getting any reports that were actionable. They want to drive profits and needed financial intelligence that was both timely and actionable. RenewalMD was in need of professional accounting expertise, but also couldn't spend much more than they were already paying for their single bookkeeper.
Result
After becoming a GrowthForce client, RenewalMD now has a timely month-end close process and better insight into their financials. The GrowthForce Reporting Package provided RenewalMD with timely, accurate reporting with actionable financial intelligence that helps their management team make data-driven decisions.
Month-end close is no longer a headache for RenewalMD. Leadership has the reports they need at their fingertips to see the drivers of profitability, and actionable data to make decisions that help their bottom line.
Impact
Peace of Mind
Scalable Financial Department
Time Savings
RenewalMD has peace of mind knowing their books and reporting is handled in a timely, transparent manner, and they can focus on what really matters - scaling their business.
How we did it
Management Reports
Key Performance Indicators (KPIs)
Optimized QuickBooks System
Dedicated Team
Timely Month-End Close
Scott Regan
CEO
I got a team of expertise from GrowthForce at a cost not much more than what we were been paying for a single bookkeeper. That was very attractive.
Are you looking at the right reports?
Speak with an expert today to learn more about what Management Reports and Key Performance Indicators (KPIs) you should be looking at to make data-driven decisions.
