“In December 2018 we decided to outsource our Finance function to a 3rd party. After conducting our due diligence across 3 providers we settled on TBOS. To date TBOS and the team have been fantastic and have completely turned our finance function around. They took on a difficult project when we joined them – incorrectly reconciled transactions, missing invoices and our credit control was simply out of control. In a very short time frame TBOS had managed to “unpick” our reconciliation issues, ensured our invoicing was completed on time and primarily our credit control was brought under control resulting in our average debtor days moving from 80 days to 30 days – exceptional work by all concerned.
By outsourcing we have made not only a significant reduction in costs but now the directors can concentrate on the business and its strategic plans moving forward knowing our finance side is under complete control which we can monitor with regular forecasts and reporting.
I cannot recommend TBOS enough – the time, cost saving and “head space” we now have back is immeasurable and we now look forward to the next growth phase for our business in conjunction with TBOS.”
Written by James Gunning, Managing Director of TechNet IT Digital