CASE STUDY - Property Development Client
“From inconsistent to reliable cash flow projections”
Client Profile:
- Major player in the property development industry, over 50 employees, revenue generated over 50 million.
Issue:
- Usage of a legacy software that resulted in confusion, poor sales projections and inadequate decisions regarding their financials.
My Solution:
- Developed a process to export specific data from the legacy software and sorted data into meaningful information.
- Re-vamped/re-designed sales accounting to facilitate the receipt of sales proceeds from the sale of condominium units for all developments.
- Prepared a detailed list of purchasers with outstanding accounts receivable and cash projections.
Outcome:
- Missing accounts receivable has been resolved.
- Reliable sales tracking system that enabled them to understand and track their numbers always
- Increased cash flow projections because of the new system installed
- Excellent audit score on their financial verification
- Better decisions for their financial management and positioning for growth
Service Category:
Amethyst – CFO Support