Case Studies
Life Line Financial Services Engineers a Seamless Upgrade
Form and Graphic Print Solutions was using an older version of the DPAC software for printing companies. This company's drive to modernize and upgrade its industry specific software included the additional challenge of integrating QuickBooks into the accounting package.
As a QuickBooks Certified Pro, Life Line Financial Services provided the expertise needed to manage the integration of the new software and QuickBooks.
Life Line Financial Services transferred all the critical financial data from the older software and successfully integrated QuickBooks. There was no loss of any financial data. Form and Graphic Print Solutions was able to operate during the whole process without any problems or costly unscheduled down time.
Life Line Financial Services' Experience Gives Pool Retail & Installation Company Lower Costs and Improved Cash Flow
Paquette Pools is a swimming pool retail store and installation company that lost its bookkeeper and operated for four months without one.
When Lifeline Financial Services took over the bookkeeping tasks we re-organized their processes and reduced the time spent on bookkeeping from 30 hours per week to 20 hours per week.
As part of our advisory services, Life Line Financial recommended an improvement in operations at Paquette Pools. We changed the process of collections for pool openings and closings to pre-pay. The immediate savings for expenses on supplies, postage and time improved the company's cash flow even when coming off their slow season.
The result of using Life Line Financial Services was a more efficient bookkeeping system that costs less to operate and has better cash flow with improved profitability.
Life Line Saves Complex Business Thousands on IRS Audit
Morgan Development Company operates two self storage centers and a management company. Here's where Life Line Financial Services has demonstrated its diversity. For the past seven years, Life Line Financial Services has acted in the capacity of comptroller by providing:
- Banking Services
- Cash Management Services
- Corporate Budget Plans
- Financial Analysis and Reporting to Management
Life Line Financial Services fulfilled all of the clients' needs by functioning as the owner's complete accounting department. Our services included managing and reporting on all financial aspects of the business. In 2006, the storage company went through a grueling IRS audit that lasted over a period of 3 months. We were there with the owner every step of the way.
As a result of detailed records and meticulous management of financial data by Life Line Financial Services, Morgan Development Company was saved a tax liability of $30,000.00!
Let Lifeline Financial Services save you time and money. Call or Contact Us today.
