Accounting & admin processes save 70%

Australian Fabrics Producer

Accounts receivable outsourcing changes the colour of success
iBP redesigns accounting and administration processes for leading Australia-wide specialist enterprise, reducing costs by 70%.

Data Entry unit transformed into optimal business assets. From a team of ten people performing labour intensive Data Entry and Accounting Departmental tasks for the whole of the country, iBP has remodeled this firm’s administration procedures into a clearly defined success.

iBP consolidated all tasks and processes down to 4 key employees and provided Standard Operating Procedure (SOP) documentation for all job functions. Maintenance of multiple databases with high software and training costs was streamlined into a singular information platform, consolidated into one daily real time systems management process.

The transition was given the green light within three months and has enabled 8 key people to be redeployed into revenue generating and customer service roles, while driving down database costs by 70%.

The transition enabled 8 key people to be redeployed into revenue generating roles while reducing database costs by 70%.