Gameleo Systems
Challenge
Gameleo Systems is a company providing mobile communications services with less than ten employees. Previously, their financial management was handled by a traditional accounting company using paper-based processes. The company created invoices using Excel, monitored receivables via online banking, and received financial status information in the form of printed reports that were 1.5 months old. This outdated approach created unnecessary paperwork and delayed financial visibility.
Solution
Gameleo Systems selected Administer as their new financial management partner to eliminate unnecessary paperwork and modernize their financial processes. Through cooperation with Administer, the company gained the opportunity to monitor their entire financial status through eFina. Sales invoices can be sent out directly from the system and purchase invoices approved with just a push of a button. The solution provides real-time financial monitoring and cash flow forecasting capabilities.
Results
With the new cooperation partner, Gameleo Systems achieved simplified monitoring and forecasting of cash flows. Sales invoices can now be sent directly from the system and purchase invoices approved with a single button push. While accounting expenses increased slightly compared to the traditional provider, this was compensated by the time freed up for productive work. The company now has real-time visibility into their entire financial status through eFina.