Synopsis of case studies

Find out how companies across various sizes and industries have benefited from the relationship with Thomas&Alex.

• An Australia based chain specializing in premium Spanish chocolate, chocolate desserts and Spanish doughnuts. Finding NetSuite accountants was a constant challenge for SanChurro along with increasing business there was a need to increase efficiency of their back office processes, without escalating cost. TA worked a solution with NetSuite for accounting and SpringCM for Document management.
  
• A diamond retailer in Atlanta, Georgia with a turnover of over US $ 15 million had a nagging problem of un-reconciled accounts receivable for over four years. Thomas&Alex not only reconciled the AR in a few months time, but also started taking care of daily bookkeeping, POS entries, bank and credit card reconciliations. We now handle reporting for them with reports such as inventory and customer ageing.
• A California based manufacturing company faced the double whammy-problem of attrition and shortage of good accountants in the area. They chose Thomas&Alex to handle their bookkeeping. Now we are almost 2 years into doing accounting for them and have also started processing orders.
• A California based CPA firm offers SOX consulting and other compliance services to clients in the US and China. They not only utilized our accountants for their regular bookkeeping and payroll but also used our business analyst‘s as part of their SOX compliance services to their customers. They passed on the benefit of the cost advantage to their customers and stay well ahead of their competition.
• A New York based fashion retail chain which is 19 stores strong and growing steadily, found that they can use our accountants to handle their Accounts Payable and thereby get the most critical work done when their stores are closed for the night.
• A Hawaii based Sports equipment retailer imports goods from places like China and New Zealand. Their entire accounting is handled from our Bangalore office.
• A Chicago-based, US$ 150 million sea food company has over 2,700 customers. Accounts Receivables management is being handled by Thomas&Alex. Our AR experts analyze buyer behavior, payment patters and do calls from our Bangalore facility. We managed a near 35% reduction in AR in less than 6 months time, providing a huge boost to their working capital.

We also handle their financial reporting and a few reports we generate are:

• Weekly sales per customer
• Credit report per customer per product
• Monthly sales per customer
• Weekly Internal profit report
• Daily Purchase credit limit per customer
• Weekly internal purchase report
• Weekly inventory
• Weekly sales forecast
• Quarterly sales report per customer
• Weekly price list report
• Short-paid invoices, skipped invoices, weekly outstanding within terms/outside terms