Acupro

Background:


The Client offers a B2B commerce platform which enables footwear enterprises to connect and
communicate with each other and expand their business. During the growth phase, the client did
not have an in-house finance team and was struggling with a lot of reconciliation issues. The
clients accounting systems were not appropriate to cater to the growing needs of the scale of
business and rapid growth.
Issues involved

 Mismanaged accounting function;
 Substandard scheme of entry;
 Reconciliation issues in receivable and payable balances;
 Inexperienced finance team to handle the need of growing business


How we helped

 Suggested technology changes and developed the trade accounting system to
provide accurate payable and receivable balances;
 Developed and documented detailed scheme of entries to ensure accounting is
completed in an accurate and timely manner.
 Handled the finance function to ensure correct and timely compliances with all laws
for timely payments of statutory dues.


Conclusion:


Acupro was successful in creating long term value by developing scheme of entries and
trade accounting system for the client.