Revelare saves small Contracting business!
Revelare, applying its Level 1 – Accounting & Bookkeeping Support model, assumed responsibility for all client accounting and vendor payments scheduling. Within 30-days of taking over, Revelare had re-negotiated key vendor terms and by actively managing the client's job costs this client company posted its first operating profit in a business that incurred a 23% prior year operating loss.
Revelare reduces tax preparation bill by 84%!
Revelare, utilizing its Level 1 – Accounting & Bookkeeping Support model, assumed responsibility for all bookkeeping and the preparation of this client's first internal financial statements. Along with the benefit of having actual quarterly financial statements to support their decision making processes, this client saved 84% on the cost of preparing their annual tax return. This client's CPA is now provided clean financial reports which are simply input into that CPA's tax return software rather than the client incurring the costly effort compiling these statements after the fact.
Revelare effects $1MM Improvement to Operating Profits!
Revelare's Level 2 service package – Financial Management Outsourcing, provides this $20million distribution company an acting Controller. Implementing a number of changes to accounting software, receivable & inventory management, customer pricing and other core business process improvements, Revelare has been instrumental in bringing an additional $1million to this client's operating profit line at a service cost of less than 6% of this incremental operating profit impact.
Revelare grows Bottom Line 150% on reduced Sales!
In functioning as this $6million service business' acting controller, Revelare has been instrumental in increasing this client's operating profit more than 150%; accomplished in a business that experienced a year-to-year 10% decline in revenues. This has been accomplished by improved financial reporting and by creating a heightened awareness of the relationship of certain costs to revenues. Revelare utilizes industry benchmark knowledge that the Revelare leadership team brings to all clients as part of each engagement.
Revelare plugs holes in Beer Distributor's delivery processes!
In an engagement with a large multi-state beer & wine distributor, Revelare defined new information which was then brought to this client's existing sales & margin dashboard highlighting holes in their existing delivery processes. Through the Revelare identified changes to their existing business processes, this client has helped eliminate over $1million in revenue adjustments, costs and inventory write-offs. This same dashboard, which Revelare calls RevealMC , is now available for smaller business.
Revelare saves client over $100,000 on new system implementation!
Revelare offers it small-market clients a variety of other business services. While working at an Atlanta-based distributor assisting that client with its Accounts Receivable and Inventory systems set-up, Revelare was asked whether $130,000 for a new accounting system was a reasonable. After reviewing each vendor proposal, Revelare concluded there was another option. Revelare was then engaged to implement an alternative enterprise software package that was on line in less than 30 days at a total cost of just over $15,000. The result was a $115,000 saving! This client remains a major Revelare client today and feels that this alternative accounting software meets and exceeds their current business requirements.
Revelare orchestrates the sale of Florida based chemical compounding business.
The company's principal owners were having difficulty with each other. Revelare was requested, as an independent third party on an impartial basis, to arrange the business' sale. Revelare was engaged to research, target, identify and approach buyer candidates to compile a list of prospective buyers. We introduced only pre-qualified buyers to the owners who selected those with whom they chose to open discussions.
Revelare arranges sale of medical device company to Swiss buyer.
Revelare's leadership has extensive European business experience and relationships. Revelare was approached by a French company's owner who desired to convert his company equity into a cash payoff. In consultation with the business owner, company legal counsel and tax advisor, Revelare proposed a selling price, deal structure and transaction terms. We assisted in the preparation of the divestiture package, qualified, introduced and negotiated with prospective buyers as well as executed an offshore transaction most beneficial to the seller. |