Management Accounts

Overview:
LGH GmbH, a German company that has 10+ employees with circa €2m annual turnover.

Problem:
A young company who did not have the personnel or time to produce monthly management accounts and reports.

Goal:
Provide reliable, timely and clear monthly accounting information which is cost-effective.

Solution:
Sollertia created two bespoke key monthly management reports for LGH Germany that:

• Highlighted Key Performance Indicators and budget variances
• Were available in English and German

Outcome:
From efficient management reporting provision by Sollertia, LGH Germany now has a true and complete picture of its business activities at a fraction of the cost of using in-house staff. The resultant data provision is vital to future business growth.

Comment:
"Sollertia presented us with the perfect solution with what has transpired to be a seamless transition. LGH Germany enjoys a complete package of accounts processing and purchase ledger controls with excellent support including an opportunity for experienced consultancy on all commercial and financial matters.”

Gordon Worswick, Director, LGH Europe