Case Studies – NSJ Global

Restaurant chain in UK

As a part of our UK operations, we celebrate our collaboration with a prominent restaurant chain in the United Kingdom, renowned for its culinary prowess. This esteemed establishment, known for its exceptional dining experiences, engaged NSJ Global to optimize its accounting functions through our Business Process Management (BPM) expertise.

Services Provided by NSJ Global

Accounts Payable Processing– Streamlining invoice management for enhanced efficiency.
Accounts Receivable Management– Optimizing revenue collection processes and invoicing for sustained financial growth.
Fixed Assets Management– Ensuring accurate tracking and management of valuable assets.
Financial Reporting– Delivering insightful financial reports for informed decision-making.
Balance Sheet Schedules– Maintaining meticulous records to support financial transparency.
Bank Reconciliations– Ensuring accuracy and reliability in financial transactions.

Methodology Applied by us

Through comprehensive work-study, we analyze existing accounting processes, map them remotely, and define new processes aligning seamlessly with the client’s business rules. Our expert teams undergo training, and a proprietary document management system is implemented for tracking and monitoring Key Performance Indicators (KPIs). Regular monthly progress reports and weekly review calls ensure transparent communication throughout the remote partnership.

Business Benefits & Outcomes

The collaboration between NSJ Global and our culinary partner resulted in remarkable outcomes.

Detailed Process Optimization- Comprehensive process maps and SOPs were developed for all financial processes.
Continuous Improvement- Implementation of a range of KPIs resulted in ongoing enhancements to every facet of the financial process.
Operational Efficiency- Multiple process improvements were enacted, enhancing overall operational efficiency.
Industry Best Practices- Sharing of industry best practices, fostering an environment of continuous learning and improvement.
Transparent Reporting- Regular status reporting covers every aspect of the financial process, promoting transparency and collaboration.
Enhanced Security Measures- Collaborative discussions on optimizing fraud analytics and information security, ensuring the highest standards of financial security.
Exceptional Accuracy and Compliance- Achieving an outstanding 99.8% accuracy and full compliance with Service Level Agreements (SLAs).
Cost Efficiency – Achieving 50%+ cost-effectiveness for accounting, HR, and admin functions.

Accounting Firm In Australia

Client Overview

Our Australian accounting firm partner pursued growth, which is mainly aimed at tapping into the skilled accounting workforce in Sri Lanka, looking for a strategic and culturally compatible offshore partner.

To achieve a more efficient accounting process, our client conceived the idea of establishing an offshore accounting team without compromising flexibility and cost-effectiveness. Seeking a growth strategy, they aimed to minimize investments in physical infrastructure, focusing on scalability to accommodate fluctuating workloads while having well-qualified professionals.

Services Provided by NSJ Global-

Accounts Receivables Management – Streamlined management for prompt and accurate revenue collection.
Accounts Payable Management- Efficient handling of invoices and payments for optimized financial operations.
Monthly, Quarterly, Yearly Reports Generating- Timely and comprehensive financial reporting for informed decision-making.
Master Maintenance for Customers, Vendors, Materials, and GL- Accurate upkeep of crucial databases for smooth business processes.
Business Consultancy- Strategic guidance to optimize operations and drive business success.Top of Form

Business Benefits & Outcomes

Successfully transitioned 15+ SME customers to NSJ Global, allowing client managers more time for advisory services.
Streamlining the process
Ensured compliance with Australian data protection regulations.
everaging the time zone advantage, achieved a 24-hour turnaround for over 90% of tasks.
Seamlessly scaled operations based on resourcing needs.
Maintained an accuracy score surpassing 99.8%, leading to consistently high customer satisfaction.
Established strong cultural alignment between teams.
Reducing the client cost by 50%+

Food Manufacturing company in New Zealand

NSJ Global is thrilled to share a success narrative featuring a prominent New Zealand-based food manufacturing company, renowned for its impactful contributions to the industry. This remarkable business, known for its top-quality food products, teamed up with NSJ Global to make its financial processes even better. Our partnership focused on enhancing accounting and payroll functions through our specialized Business Process Management (BPM) services.

Snapshot of Our Client

Our esteemed partner, a significant player in New Zealand’s food manufacturing sector, stands out for its unwavering commitment to excellence in food production. Seeking streamlined accounting and payroll processes to boost financial efficiency, they confidently chose NSJ Global as their trusted ally.

NSJ Global’s Methodology

Our approach seamlessly adapts to a remote methodology, leveraging advanced online collaboration tools. Conducting an in-depth work-study, we remotely analyze existing accounting and payroll processes, map them, and define new processes aligned seamlessly with the client’s business rules.

Services Provided by NSJ Global-

Accounts Payable Processing– Enhancing efficiency through streamlined invoice management.
Accounts Receivable Management– Optimizing revenue collection processes for sustained financial growth.
Fixed Assets Management– Ensuring accurate tracking and management of valuable assets
ERP Implementation– Implementation of Enterprise Resource Planning solutions for enhanced efficiency.
Financial Reporting– Delivering insightful financial reports for informed decision-making.
Balance Sheet Schedules– Maintaining meticulous records to support financial transparency.
Bank Reconciliations– Ensuring accuracy and reliability in financial transactions.
Payroll Services– Efficient and accurate payroll management to streamline salary payments and compliance.

Business Advantages & Outcomes-

Strategic Cost Savings– Achieved 50%+ cost-effectiveness in accounting, HR, and payroll, optimizing resources.

New Accounting and payroll software implementation – Introducing new accounting and management software.

Enhanced Efficiency- Continuous optimization streamlined operations, reducing redundancies and boosting productivity.
Industry Compliance– Achieved 99.9% accuracy, ensuring full compliance with SLAs and industry regulations.
Data Security- Prioritized security with optimized fraud analytics and stringent information protection.
Continuous Improvement- Implemented KPIs, fostering a culture of ongoing process refinement.
Transparent Reporting- Regular reporting ensured transparency, empowering informed decision-making.

Media Company in UK

We are thrilled to present a success narrative featuring a distinguished media company in the United Kingdom. NSJ Global partnering with the Media company to enhance its financial processes, placing a strategic emphasis on comprehensive Accounts Payable (AP) and Accounts Receivable (AR) management through our specialized Business Process Management (BPM) services.

Insight into Our Partner

Our valued partner is acclaimed for delivering cutting-edge media solutions. With a strategic aim to optimize financial operations, particularly in AP and AR management, they confidently chose NSJ Global as their trusted ally.

Accounts Payable Processing- Streamlining invoice management, optimizing cash flow.
Accounts Receivable Management- Enhancing revenue collection processes for sustained financial growth.
Vendor Management- Streamlining relationships and ensuring timely payments to vendors.
Credit Control- Implementing strategies to manage and control credit risks effectively..
Payment Processing- Ensuring accurate and timely payment processing to enhance financial efficiency.
Cash Application and reconciliations- Optimizing cash application processes for seamless transactions.

Business Advantages & Outcomes

Enhanced Financial Efficiency- Streamlined AP and AR processes, fostering overall financial efficiency.
Cost-Effective Operations- Achieved cost-effectiveness in AP and AR management, optimizing resources.
Improved Cash Flow- Optimized AR management contributed to more efficient revenue collection and enhanced cash flow.
Vendor Relationship Management- Strengthened relationships with vendors through efficient AP processes.
Credit Risk Mitigation- Effectively managed credit risks, ensuring financial stability.
Transparent Reporting- Regular reporting ensured transparency in financial operations, empowering informed decision-making.
Industry Compliance- Achieved 99.8% accuracy, ensuring full compliance with SLAs and industry regulations.
Continuous Improvement- Introduce Key Performance Indicators (KPIs) to nurture a culture of continuous process refinement and improvement.