Accounts Management and Supply Chain Solutions

An enterprise client based in the USA, since 2016, VNC has provided comprehensive accounts management and supply chain solutions, optimizing financial operations and logistics to enhance efficiency, scalability, and business growth.

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Mackay address
10/46 Mulherin Dr, Mackay Harbour QLD 4740, Australia
Gold Coast
10 Krystle Court Upper Coomera QLD 4209
Contact With Us
Call us: 1300 763 833
stephen@vncaustralia.com.au
Working Time
Mon - Sat: 8.00am - 18.00pm
Holiday : Closed

Introduction

Harnessing our Accounts Management and Supply Chain Solutions, VNC delivered comprehensive financial and supply chain solutions for a leading Australian plumbing and water harvesting products company. This partnership, lasting 13 years, has supported their expansion and financial growth across multiple countries.

Client Background:

An enterprise client based in Australia, specializing in plumbing and water harvesting products. As VNC’s first client, they have been with us for 13 years. They have expanded their operations from Australia to India, USA, NZ, Netherlands, UK, South Africa, and have worked on multiple projects with the UN.

Objectives and Goals

To transform the client’s disorganized financial and supply chain processes into streamlined operations, enabling accurate financial reporting, effective accounts management, and optimized inventory levels.

Challenge

Issues Faced by the Client

Initially, the client faced significant challenges with broken processes, inaccurate financials, ineffective accounts management, and excessive inventory levels leading to financial strain.

Business Impact

Disorganized accounts and high inventory levels resulted in financial instability, the need for multiple business loans, and inefficient business operations.

Our Approach

Initial Assessment and Discovery

Our Business Consulting and Strategy phase involved evaluating the client’s financial and supply chain processes, identifying inefficiencies, and developing a comprehensive improvement plan.

Strategy and Planning

Our Financial Experts and Supply Chain Specialists designed strategies to streamline accounts management, reduce inventory levels, and implement new technologies for inventory planning and financial forecasting.

Implementation Details

Accounts and Finances: A dedicated team of four handles day-to-day AP, AR, bank and credit card management, payroll, fixed assets management, month-end closing, financial reports, budgets, cash flow forecasting, and financial planning.
Supply Chain Management: A dedicated team of two manages inventory planning, forecasting, budgeting, supplier portal implementation, and landed cost improvements.
Automation and Integration: Implemented new technologies for efficient inventory planning and financial forecasting.

Solution Deployed

Tools and Technologies
Financial Management Software
Inventory Planning and Forecasting Tools
Supplier Portal
Enterprise Tools
Services Offered
Comprehensive Financial Operations Management
Accounting Automation And Integration
Supply Chain Management
Inventory Planning And Forecasting

Results Achieved

Improved Financial Management
Transformed disorganized accounts into accurate, timely financial reporting and effective accounts management.
Optimized Inventory Levels
Reduced inventory from 9-10 months to 5.5 months, improving financial stability.
Enhanced Cash Flow
Achieved surplus funds of $2 million in the bank.
Business Expansion
Expansion: Supported the client’s expansion into multiple countries and diversified sales channels (e-commerce and physical sales).
Strategic Growth
Enabled business owners to focus on growth while the dedicated team managed day-to-day operations and process improvements.

Conclusion

Through our comprehensive financial operations and supply chain solutions, VNC Global has supported this plumbing and water harvesting products company for 13 years. Our partnership has driven their financial efficiency, reduced inventory levels, and supported their global expansion. The client now benefits from accurate financial reporting, optimized inventory management, and strategic decision- making, solidifying VNC Global as key business partner in their growth journey.

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Contact With Us!

2220 Plymouth Rd #302, Hopkins, Minnesota(MN), 55305

Call us: (234) 109-6666

Mon – Sat: 8.00am – 18.00pm / Holiday : Closed