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Retail

How StreamlineRetail Cut Accounting Time by 75%

StreamlineRetail
StreamlineRetail
250+ employees
8 weeks implementationenterprise
StreamlineRetail
StreamlineRetail reduced their monthly accounting process from 2 weeks to just 3 days while improving accuracy and compliance.
75%
Reduction in accounting time

Executive Summary

StreamlineRetail reduced their monthly accounting process from 2 weeks to just 3 days while improving accuracy and compliance.

The Challenge

With multiple store locations and an expanding online presence, StreamlineRetail struggled with disconnected financial systems, manual data entry, and delayed financial reporting. Month-end closings took over two weeks, and errors were frequent.

Our Solution

Accounter implemented a cloud-based accounting solution with custom integrations for their point-of-sale systems and e-commerce platform. Automated reconciliation and intelligent transaction categorization eliminated most manual processes.

Solution Components

Cloud-Based Platform

Implemented a secure, cloud-based financial management system accessible from all store locations and headquarters.

Custom Integrations

Built custom connectors for point-of-sale systems and e-commerce platforms to automatically import transactions.

Automated Workflows

Set up intelligent workflows to automatically categorize transactions and reconcile accounts daily.

Real-Time Dashboards

Created custom dashboards showing real-time financial performance across all locations and sales channels.

The Results

  • 75% reduction in time spent on monthly accounting tasks
  • 99.8% accuracy in transaction categorization
  • Reduced audit preparation time from 3 weeks to 4 days
  • Real-time financial insights enabling better inventory decisions

Key Metrics Impact

Monthly Close Time

Before
14days
After Accounter
3.5days
Before14days
After3.5days
Reduced by75%

Data Accuracy

Before
92%
After Accounter
99.8%
Before92%
After99.8%
Increased by8%

Audit Preparation

Before
21days
After Accounter
4days
Before21days
After4days
Reduced by81%
"Accounter transformed our financial operations. What used to take my team weeks now happens automatically. The real-time insights have helped us optimize inventory and improve our cash flow dramatically."
Sarah Johnson
CFO, StreamlineRetail
Case Study Overview
Implementation Details
Industry:Retail
Company Size:250+ employees
Implementation Time:8 weeks
Segment:enterprise

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