Problems

• Labor-intensive manual data entry processes led to inefficiencies in reporting.
• Difficulty in integrating e-commerce platforms with accounting software.
• Complex sales tax regulations and compliance issues caused confusion and penalties.

Approach & Solutions:

• Implemented Xero accounting software to automate bookkeeping tasks.
• Integrated A2X with e-commerce platforms to automate the import of data into Xero.
• Developed a chart of accounts tailored to e-commerce transactions for better tracking.
• Implemented regular reconciliation processes to ensure the accuracy of financial data.
• Leveraged sales tax automation tools to manage sales tax obligations accurately.

Results:

• Streamlined processes and automation resulted in significant time savings.
• Reduced manual errors and improved data accuracy led to more reliable decisions.
• Integrated data from e-commerce platforms provided comprehensive insights of trends.
• Enhanced sales tax compliance processes ensured adherence to regulations.
• Reduced manual effort and improved efficiency resulted in cost savings for the business.

Intellgus transformed its e-commerce accounting operations, achieving greater efficiency.