Structured Insights and Systematic Workflow
Name of the company-Impetus Properties Group
Impetus Properties Group is a full-service real estate team based out of Peoria, AZ, United States. Delivering one-stop real estate investment solutions, Impetus Properties Group aligns with premium real estate developers in the region to deliver the best property management solutions to its clients. Jeff Reich is the Managing Partner who adds value to the business with his expertise & exposure.
With the rapid growth ®ular onboarding of new clients, the focus area was on maximizing the market space. While managing clients & establishing brand identity was on track, having a structured financial in-sight & systematic workflow was missing! The company was finding it hard to establish a standard process that gave a transparent outlook to the financial transactions. The immediate objective was to simplify the process & have better coordination among the finance team. Investing in recruitment and training was not a practical option, especially given the current market volatility.
- back-office support
- Financial reports
- timely uninterrupted workflow
- tax data entry
GFF as a solution provider
GlobalFinFocus - the brainchild of Dhiraj came up with a holistic approach that was focused to streamline the back-end support. Dhiraj was quick to identify the pain areas within the finance team that led to the overall mismanagement. Managing key tasks like Inter-Company Reconciliations, monthly Bank, Mortgage, Credit Card, & tax filings effectively are how things started to fall in place! Employees were given training sessions that demonstrated the proper process & team coordination.
Inadequate process knowledge & the absence of a structured format were the two major obstacles for the Company. As an outsourced partner, Dhiraj & his team were successful in putting up a workflow. Currently, the company is saving more than $50K/year due to the structured processing terms & KPI services costs. Timely engagement with the outside accountants on behalf of the company resulted in gaining goodwill & trust for the company. Additionally, it opened new avenues for GFF as the accountants were highly impressed by the performance of GFF. With the core financial activities aligned, Impetus Properties Group now aims to target large projects with attractive value propositions. Today, Impetus Properties Group has four different companies under its flagship. The best part is, GFF is the trusted solution and services provider for all four companies!