How AI is Revolutionizing eCommerce Accounting Practices?
By integrating AI, e-commerce businesses can make data-driven decisions, enhance customer experiences,
No more. Accounting and financial planning can slacken your pace if you want to charge full steam ahead growing your SaaS business. If you seem to encounter some or all of the problems given alongside, you need to hear us out.
In our journey of over 12 years of helping SaaS and tech businesses flourish, we’ve realized that most of them face similar problems. They just manifest differently. So we thought, why not create processes and systems using SaaS accounting software and simplify your financials.
With over 12 years of experience, we have crafted thousands of processes and systems to simplify your accounting and bookkeeping tasks.
We control every cent going in and out of your business along with timely reportings.
We help you understand what drives your cashflow fluctuations, how you can control them and what will your future looks like with that cashflow.
We decipher each and every variable impacting cost and revenue for your business. We create models for you to understand their individual impact and the optimum levels to target.
Not every dollar that flows in is revenue for that period. We get you the correct recognized revenue so that you don’t get fooled with the subscription money flowing in.
We develop customized metrics dashboard as per your SAAS model, helping you see the past, present and future of your business for informed decision making.
Our team of proactive sales tax experts is constantly evaluating the your sales tax nexuses to comply with registrations, filings, and state coordination. Enjoy the autopilot mode.
Never rush to create financials at the last minute for investor meetings. Have them pre-prepared by professionals. This helps you deliver professional presentations and secure funds for your business at the right time.
Schedule a free consultation now with Gary Jain, Co-founder at Ledger Labs. He’s a certified accountant with 12+ years of multidimensional experience in helping small to midsized businesses grow and manage their revenues.
Get hands-on knowledge and astute advice on your financials in an engaging power-packed 30 minutes session.
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My main problem always has been to know my accurate profits & this is precisely what ledger labs helped me with. They went through my entire supply chain costs, my monthly operational expenses, and COGS and got me the correct costing of my goods and the cost of running the business. Now I know how much I need to sell & at what price I should sell it to be profitable.
Since working with Ledger labs, our bookkeeping and Controller processes have been streamlined. The routine accounting tasks are managed on a predictable schedule, and checklists are used to ensure that all required documents are processed within the proper deadlines. We have improved the accuracy and timeliness of our financial statements and other crucial accounting functions at a lower cost than what was being paid to employees.
We have a unique business, and almost all the accounting firms we have engaged so far have been unable to get a hold of our business. But Ledger Labs really took the bull by its horn. They understood our business better than us & created a very customized process & systems to streamline our accounting department. We now have detailed step-by-step process documentation, checklists & schedule of reports.
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NetSuite can be considered a SaaS ERP-based helper for small, medium, and large-scale businesses. The solution runs on Oracle-based platforms and mainly deals with CRM, finance, and eCommerce segments of the business. The solution is quite reliable in managing the operations brought together from other countries in foreign currencies as well. Even if you are dealing with multiple subsidiaries, NetSuite can unify them into a single platform. The solution is built using various modules and nodes. Hence, the NetSuite user gets to select as many modules as required and pay for the same to use the solution.
The main benefits of using NetSuite are: 1. Real-time management with a single set of data. 2. No need to invest capital on the premises as it is cloud-based. 3. Less costly as compared to other forms of ERP solutions and techniques. 4. Quite reliable as it is developed by Oracle. 5. You can customize and control every aspect of the NetSuite. 6. Multiple search results criteria to get the required data results quickly. 7. The technology is suitable for all kinds of businesses, small or otherwise. 8. Module purchase options are available 9. The UI of NetSuite is quite beginner-friendly.
NetSuite lies at the intersection of management and financing/accounting domains. This includes services like Payments Management, Financial Reporting, Billing, Inventory/Order Management, and many others. These services are related to the general ledger, assets management, and AR/AP control.
The process of onboarding the organization for NetSuite management and control is quite straightforward. Firstly, we will learn everything there is to know about the performance and working of the company. Secondly, we will try to ascertain what your organization is lacking and work on the same for good. During the same process, we will also ascertain the KPIs of the organization and find out ways to strengthen them. Lastly, we will communicate with you to know your precise requirements and expectations from our team, quote prices, and sign a contract.
We take immense pride in our employees. We hire experienced and smart accountants and train them well. The employees working at our organization have years of experience catering to different companies and organizations. We conduct a thorough and extensive background check as well before hiring employees for the safety of your organization and its data.
Once we analyze the KPIs or the best-performing areas and sectors of the business, we work to fight the weaker points and allow your business to grow.
No, it’s not necessary that you can only communicate with us over the phone. Our experts in the team will respond to your calls, texts, emails, conferences, messages, and any other mode of communication as per your preference. Additionally, we also use a lot of meeting platforms like Google Meet and Zoom to stay in touch with you.
One of the main tasks of NetSuite is to help organizations with the order management process. For the same, NetSuite automates various attributes related to this process. This includes logistics, shipping, and receipts. With the help of NetSuite, an organization can easily get automated and line up its packing and shipping processes in real time. With the help of the solution, you can ascertain the order status, delivery, and other related details. Additionally, the business can also ascertain the performance of the sale using data from NetSuite as well. Lastly, the same NetSuite solution will also integrate your orders with other shipping and delivery houses as well.
To keep the working smooth for our clients, we have a strict policy that dictates that we onboard limited number of clients every month for NetSuite requirements. Additionally, we also take some time to study the performance and operations of your business. So, it may consume some time before we initiate the process.
We're as serious about your data security as you are. Hence, we only use the client portal to provide our services. Additionally, for added security, we use a two-factor authentication process to access any sensitive client data. Similarly, we also upload your data to a cloud server to make it more secure and prevent any malicious attacks.
Yes, you do. We are highly particular about legal and official obligations. So, we promote our potential clients to sign a contract with us for the security and ease of operations. This allows us to maintain and retain ease of working.
We take time to ascertain the KPIs and overall performance and working of your business operations. This study takes some time which depends upon the complexity and size of the business and its operations. However, generally, the onboarding process starts somewhere between 1 month and 3 months from the date of your consent.
Yes, we always assign a specific team of experts to different projects. Hence, there are no chances of change in the personnel handling your operations. Additionally, as these experts work together as a team, there is no disturbance in the daily tasks even if one or more team members are unavailable.
Yes, NetSuite can easily help you with the production process. One of the best elements of NetSuite is that it takes over and controls the entire production process. Starting from sales orders and ending with delivery and after-sales requirements, NetSuite takes care of everything for you. Other attributes that NetSuite can handle and control include quality assurance, management of product data, management of work orders, planning and scheduling, MES, etc.
Our team only recruits experts in the industry. Hence, these experts have years of working in different companies and industries. They can easily learn about the processes and operations related to your business in no time. Generally, they are already familiar with the industry and all they need to learn is your business’ working.
We treat every business equally and do not judge on the basis of operations and revenue. We work with all kinds of clients irrespective of the size of the organization.
You can initiate data migration with NetSuite. However, before starting, you should ensure that the data is clean and segregated. This ensures a smooth transfer of data without affecting your daily business operations. Even if you have data in various sections, you should inform NetSuite about the same. After this, you can import the master data with NetSuite using the options meeting your preferences. You can take the help of third-party software or CSV file to conduct the same.
Yes, if you have an existing NetSuite system in place, then we also provide services to support the same.
Our years of experience & exposure to various businesses is the essence of these articles
By integrating AI, e-commerce businesses can make data-driven decisions, enhance customer experiences,
Integrating Netsuite with Oracle helps in improving your financial reporting, inventory management,
Integrating Klaviyo with NetSuite helps businesses strategically utilize customer data. It helps
Helping busy founders and busy owners streamline their accounting & bookkeeping with services designed from and for the perspective of business owners.
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