Forum Forum fanów serialu Klatka B  Strona Główna
POMOC Rejestracja SzukajFAQ Zaloguj
How Dmitry Klindukhov automated financial accounting. Ferrum

 
Odpowiedz do tematu    Forum Forum fanów serialu Klatka B Strona Główna » Plotki, szprotki i teorie Zobacz poprzedni temat
Zobacz następny temat
How Dmitry Klindukhov automated financial accounting. Ferrum
Autor Wiadomość
srmojumder966
Leśny człowiek.
Leśny człowiek.


Dołączył: 30 Paź 2024
Posty: 1

Post How Dmitry Klindukhov automated financial accounting. Ferrum Odpowiedz z cytatem
Dmitry Klindukhov, an entrepreneur from St. Petersburg, said:


why it was necessary to look for a replacement for Excel for accounting of the company's finances;

how he saw the real profitability of the company and realized that something needed to change;

how to organize work with accounts receivable when clients delay payments;

how to spend 2-3 times less time on accounting for money, while receiving higher quality analytics.
ABOUT THE COMPANY
Ferrum Studio ( St. Petersburg) was founded in 2002. Until 2008, the main activity was computer and server maintenance. Then the company began to master SEO website promotion, which became the main and only direction in 2015.

The main client base consists of online stores and manufacturing companies with a turnover of 15-50 million rubles per year. 20-30 projects are being carried out simultaneously, depending on their volume and the composition of the team.

Currently, the company employs 6 people, the same number is attracted on a short-term basis, for specific project tasks.
The annual turnover of Ferrum Studio is 10.5 million rubles. The planned turnover for 2019 is 16 million rubles.

PROBLEMS AND TASKS
Dmitry was always the only one who did all the accounting ; he didn’t involve other people.

"Until 2007, we did without accounting at all, it was easy, since we knew all the clients by heart, both payers and non-payers. Then the turnover for the year was less than now for the month. But when the client base grew, we started to get confused and realized that we needed to start recording mutual settlements with contractors. At first, it was an Excel spreadsheet. Naturally, 1C was used for invoicing, but it is more of an accounting program, documents, shipments, etc., but what actually happens in the business was reflected in Excel"
In Excel, the table was maintained in proportion to the tasks. First, it was necessary to maintain one account, then the second. Something had to be singled out separately, if it was necessary to return money, for example - all this was taken out to a separate table. As a result, the accounting grew, and in addition to this, it was necessary to analyze the profit, build graphs independently, and bring the tables together.

"In addition, regularity was very important here. If you don't do this for two weeks, it's a disaster. Restoring all the information was very difficult and painful."
When the table no longer fit on the screen, Dmitry realized that something had to be changed. Despite the fact that accounting was being done, the business faced problems with a cash gap and "frozen" accounts receivable, which slowed down the company's growth rate.

"The business is quite standard and classic: there are projects, receipts and payments for them. Some of them are directly related to projects, some - to the business as a whole. Of course, there are accounts receivable - the reason for implementing PlanFact was a very poor financial understanding of what was happening. When we started to find out, we realized that the million in the account was only virtual, that is, it was in the documents, taxes on it were paid, and this money would not appear in the company's accounts in the near future at all, because clients did not pay for a long time.
Several times there were cash gaps. To overcome them, somewhere they stopped paying those they could, waiting for the end of the gap, somewhere they forced the repayment of receivables, that is, they knocked it out, instead of selling new ones. In some cases, we had to contribute our own funds."
3000+ companies are already working in PlanFact
Does tracking money in Excel take up your time and effort?
Evaluate the capabilities of the PlanFact accounting automation service for free. Thanks to integrations, it collects all receipts and payments, distributes income and expenses by items, instantly builds main reports and graphs.
Try it for free
For all
industries
IMPLEMENTATION AND ORGANIZATION OF WORK
The entrepreneur was choosing between several financial accounting services. He chose PlanFact for several reasons:

"I started looking for and comparing website development service specialized financial programs, compared the cost and ease of use, the ability to manage multiple accounts. I chose PlanFact quite quickly, as it turned out to be very similar to my financial table, only more convenient. Plus, I have many accounts, here PlanFact has no tariff restrictions.



I mastered the program in a couple of days, connected import from the bank, created accounts, set up income and expense items, structured them and realized - this program was written for me! What was not clear, I wrote down and then clarified all the questions at once over the phone with a personal manager. One of the rare cases when you implement a program and start using it almost immediately after getting to know it. Yes, all this happened during the free trial period. After that, there was no question about continuing to use the commercial version. Another absolute plus is automatic integration with Tinkoff, this greatly reduces the time"
Now Dmitry spends 15-30 minutes a day working in the online service, depending on the number of transactions

RESULTS
According to Dmitry, significant growth was largely due to PlanFact. The tool allowed for high-quality management of the company's money, and for seeing bottlenecks and logical holes.





1. PlanFact analytics allowed us to find problems in finances, calculate the company's profitability and take measures to increase it by 4 times.

When Dmitry saw that the company's projects were 6% profitable, he realized that something urgently needed to be done to earn more. It became clear where exactly the extra money was going, where prices needed to be raised. The company was distributing resources inefficiently. Now the tariffs and cost price have been put in order. The profitability of projects has grown significantly, and the efficiency of employees has increased.

"Rateability now varies from month to month, generally around 25%, but sometimes it falls – for example, there was a cash gap in January. But at least I saw it in advance in PlanFact "
2. The work with accounts receivable has changed.

As soon as Dmitry got his financial records in order, it was decided to stop allowing debts longer than 30 days. Some of the clients dropped off (How can this be impossible? You've always done it, and what's changed now?) Resources appeared - both money, time, and attention - that could be redirected to new clients.

"30 days is a general rule, but there are exceptions. PlanFact allows you to track who owes how much and why they haven't paid yet. After starting to work with 6 clients, we stopped working with them. Of these, 3 have fully paid off their debt, 1 is still paying off the debt every month, almost paid off. In the future, we plan to start full-fledged cooperation with them again. Two were sued - one owes 180,000 rubles, the second 112,000"
3. The time it takes to keep track of money in the company has been reduced by 2-3 times, but the quality of the accounting itself has increased.

Now Dmitry spends less than half an hour a day working with the program. Before, Excel took up to 1.5 hours.

"I saw some numbers in a new form. Working in a table, it was not obvious.
A critic will say - I have discovered America, because that is what specialized financial programs are for. Yes, I agree. I tried to switch to others in the past, but they did not take root, the good old Excel defeated them time after time. And now a new favorite has appeared.

_________________
website development service
Sro Paź 30, 2024 06:10 Ogląda profil użytkownika Wyślij prywatną wiadomość
Reklama







Sro Paź 30, 2024 06:10
Wyświetl posty z ostatnich:    
Odpowiedz do tematu    Forum Forum fanów serialu Klatka B Strona Główna » Plotki, szprotki i teorie Wszystkie czasy w strefie CET (Europa)
Strona 1 z 1
Skocz do: 
Nie możesz pisać nowych tematów
Nie możesz odpowiadać w tematach
Nie możesz zmieniać swoich postów
Nie możesz usuwać swoich postów
Nie możesz głosować w ankietach

Forum fanów serialu Klatka B   

To forum działa w systemie phorum.pl
Masz pomysł na forum? Załóż forum za darmo!
Forum narusza regulamin? Powiadom nas o tym!
Powered by Active24, phpBB © phpBB Group
Design by Freestyle XL / Flowers Online