LARGE RETAILER

One of the Largest retailer in its industry, with stores dispersed around the southwest, was facing growth challenges as it continued the consolidation of its industry. The client had plans to add over 150 stores with in 5 years, yet suffered from a lack of accurate and timely financial and operational information due to poor processes and systems. Management recognized that a better information was needed to understand where its strategies were working or not working.

Most importantly, the client was spending valuable management its time handling back office issues and personnel instead of accounting outsourcing and manage its back office. New process were we developed in all areas including daily cash and accounts payable accounting. Comprensive business rules were developed to handle all ecpections and IQ Back office's proprietry and imaging solution was employed to rapidly resove issues with store managers and head quarters.

IQ back office is also implementing a management dashboard and data warehouse to allow to client management to understand what is happening with their business in real-time along every dimension of the business. The client was able to eliminate their accounting department and has saved significantly in its back office costs. Most importantly, client management can now focus on its business, armed with meaningful financial and operationa informations to ensure they make the right decision to grow quickly and profitably.