Transforming Financial Operations For Retail Chain

  • $12M Revenue
  • 8 Locations
  • Retail Industry
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How Exrox Streamlined Accounting And Reduced Costs by 32%

Retail Chain struggled with inefficient manual processes, delayed financial reporting, and difficulty tracking performance across locations. After partnering with Exrox, they achieved standardized processes, real-time reporting, and significant cost savings.

The Challenge
  • 45-day month-end close process
  • Decentralized accounting across locations
  • $18k/month in billing errors
  • No real-time visibility into performance
  • Lack of inventory accounting controls
Our Solution
  • Implemented cloud-based accounting system
  • Standardized processes across all locations
  • Automated inventory tracking
  • Custom dashboard for real-time metrics
  • Staff training program
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The Results
  • 7-day month-end close (from 45 days)
  • 92% reduction in billing errors
  • $216k annual cost savings
  • Real-time inventory visibility
  • Scalable systems for growth
Implementation Process

Our 90-day transformation plan focused on three key phases:

Phase 1: Assessment & Planning (Weeks 1-2)
  • IconConducted process mapping across all locations
  • IconIdentified $58k in immediate cost-saving opportunities
  • IconDeveloped customized implementation roadmap
Phase 2: System Implementation (Weeks 3-8)
  • IconDeployed cloud accounting platform with location-specific access
  • IconAutomated inventory tracking with barcode integration
  • IconCreated standardized chart of accounts
  • IconDeveloped custom reporting dashboards
Phase 3: Training & Optimization (Weeks 9-12)
  • IconOn-site training for 28 staff members
  • IconImplemented continuous improvement process
  • IconEstablished quarterly review cadence
Quantifiable Impact

7 days

Month-end close time

92%

Reduction in error

$216K

Annual savings
Client Testimonials

"Exrox transformed our financial operations from a constant challenge to a strategic asset. Their team didn't just implement new systems—they changed how we think about financial data. We now have real-time visibility that helps us make better business decisions daily."

Rosemary Turk
Retail Chain