Improved Financial Operations and Reporting for Manufacturing Company

Manufacturing company required more accurate, timely financial reporting to enable improved decision making.

Challenge

The Company was making decisions without up to date or accurate financial information.

Solution

We implemented a cloud based accounting system, month end close process and accruals based accounting. This enabled us to create a monthly financial reporting package using both financial and non-financial KPIs and implement a management review process to enable timely decision making based on accurate data.

Result

The Company was able to reduce it's cost base and increase it's profitability.

What Our Clients Say

The Finance Stack has been instrumental in helping my company navigate through the challenges of the 2024 downturn in Canadian economy. With its on time reporting professional looking graphs and spreadsheets that I could share with my lenders and potential investors has all helped put my company back on track for success!! Moving from an in-house CFO employee to using FS has been one of the best decisions I have made in years!!

Colin McGaffin

Owner, Fresh is Best

Services Provided

Management ReportingAccountingCashflow