How ProcStat’s White Label Bookkeeping Revitalized Operations for a Leading Accounting Firm

Client Overview  

Our client is a well-established U.S. based accounting and tax firm that serves small to medium-sized businesses across a wide range of industries. Known for its expertise in advisory and tax planning, the firm provides valuable financial services to help businesses navigate complex financial landscapes and achieve sustainable growth. 

Business Challenges 

Our client’s internal team was burdened with managing the high volume of bookkeeping tasks, particularly during month-end and year-end closings, which hindered their ability to deliver timely financial reports.  

The significant time commitment required for bookkeeping led to resource constraints, preventing the firm from focusing on revenue-generating services like advisory and consulting.  

Additionally, in-house team stretched thin by these demands, maintaining consistent accuracy and timely updates on client books became increasingly difficult, further impacting operational efficiency. 

Solution 

To address these challenges, we provided White Label Bookkeeping Services. By seamlessly managing all bookkeeping tasks under the firm’s brand, we enabled their team to focus on higher-value services. Our end-to-end bookkeeping support streamlined operations, improved efficiency, and eliminated the need for additional staff. 

Key Results 

40% Increase in Operational Efficiency: The firm’s internal resources were freed up to focus on strategic priorities. 

30% Improvement in Reporting Accuracy: Our team reduced errors in financial reports, enhancing client satisfaction. 

25% Reduction in Overhead Costs: The firm cut staffing and training expenses by outsourcing bookkeeping. 

20% Growth in Client Capacity: With bookkeeping off their plate, the firm was able to onboard more clients, boosting revenue. 

Outcome:

With ProcStat’s white-label bookkeeping solution, the firm optimized operations, reduced costs, and improved reporting accuracy. This enabled them to scale services, onboard more clients, and focus on high-value advisory work, ultimately driving growth and client satisfaction. 

For an in-depth view of how we made it happen, download the full case study!