How Shiok Meats optimized manual processes and increased business efficiency by digitizing their accounting with Sleek

Shiok Meats, a cultivated seafood and meats company with over S$30M in funding, was facing significant inefficiencies in their administrative processes that were taking valuable time away from their core mission of developing cellular agriculture technology. The company, founded by scientist-entrepreneurs Dr. Ka Yi Ling and Dr. Sandhya Sriram, was using manual methods to process financial documents and manage administrative tasks.

The key challenges included:
- Time-consuming manual processing of financial documents that diverted attention from technology development
- Arduous administrative processes that consumed hours that could have been used for research and development
- Inefficient expense management systems requiring manual data entry
- Lack of digitalized systems to support their growing operations
- Administrative burden that was not sustainable as the company scaled

As scientist-entrepreneurs focused on changing the world through cellular agriculture, every hour spent on manual administrative work was time taken away from their revolutionary technology development.

Sleek provided Shiok Meats with a comprehensive digital transformation of their administrative and accounting processes. The solution included:

- Corporate Secretary services to handle compliance and governance
- Fully digitalized Accounting & Tax services
- CFO Services for strategic financial guidance
- Digital expense management system that allows employees to simply take a picture of receipts and upload them to the platform
- Automated financial reporting and monthly closing processes
- Real-time data processing and insights for better decision-making

The platform eliminated the need for manual data entry and paper-based processes, replacing them with streamlined digital workflows that could process financial information in seconds rather than hours.

Shiok Meats achieved significant improvements in operational efficiency and time management:

- Reduced manual processing time to less than 1 hour per day from previously lengthy manual processes
- Achieved 100% tax compliance with automated systems
- Eliminated manual document signing (0 documents signed manually)
- Streamlined expense management: An average of 1.5 reports processed per employee per month, with each report previously costing S$20 to process manually, now completed in seconds
- Improved monthly financial closing processes with higher accuracy and efficiency
- Access to quality data and insights for better business decision-making
- Freed up valuable time for founders to focus on cellular agriculture technology development and scaling their revolutionary approach to sustainable food production

The time saved from administrative tasks allowed the team to redirect their efforts toward establishing Shiok Meats' vision of a more sustainable tomorrow through their groundbreaking cellular agriculture technology.