Case Studies

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Accounts Payable (AP) Transformation

Executive Summary

A mid-sized manufacturing company was struggling with slow invoice approvals, duplicate payments, and lack of visibility into outstanding payables. SKP HUB LLP implemented a streamlined AP workflow, automated invoice processing, and established vendor reconciliation protocols — reducing payment cycle time by 40% and eliminating duplicate payments.

The Challenge

• Invoice approvals took 10–15 days, delaying payments and straining vendor relationships
• Duplicate payments occurred 2–3 times per quarter due to manual data entry
• No centralized vendor database — multiple entries for the same vendor
• Month-end AP aging reports took 3 days to compile manually

Our Solution

Process Design: Implemented a three-way matching process (PO, goods receipt, invoice) before payment.

Automation: Set up automated invoice coding and approval routing in QuickBooks Enterprise

Vendor Management: Consolidated vendor records and established 1099 tracking

Reporting: Automated AP aging reports delivered weekly

Tools & Platforms Used

QuickBooks Enterprise, Bill.com for AP automation, Excel Power Query for vendor reconciliation

The Results

Invoice approval time, earlier 10-15 days – with our solution within 3-5 days

Duplicate payments, earlier 2-3 per quarter – with our solution Zero

Month-end AP close, earlier 3 days – with our solution ~ 6 hours

What Our Client Said

“SKP HUB LLP took a chaotic, manual AP process and turned it into something we barely have to think about. Our vendors are happier, and we’re actually saving money through early payment discounts.”

The Engagement

Industry: Publishing Magazine into Healthcare

Services Provided: AP Process Design, Automation, Vendor Management

Accounts Receivable (AR) & Cash Flow Optimization

Executive Summary

A professional services firm was facing cash flow gaps due to slow collections and inconsistent invoicing. SKP HUB LLP redesigned their AR process, automated invoice generation, and implemented a collections workflow — reducing average receivables aging from 52 days to 28 days within 6 months.

The Challenge

• Invoices were sent 5–10 days after service delivery
• No formal collections follow-up — overdue accounts reached 90+ days
• Cash flow forecasting was impossible due to inconsistent receivables data
• Manual payment posting took 8+ hours per week

Our Solution

Invoicing: Automated invoice generation immediately upon service completion

Collections: Established a tiered collections workflow with automated reminders

Payment Posting: Integrated Stripe and bank feeds for auto-reconciliation

Reporting: Real-time AR aging dashboard with aging buckets and collection priorities

Tools & Platforms Used

SAGE, NetSuite, Chaser for automated collections, Microsoft Power BI for AR dashboard

The Results

Average receivables aging, earlier 52 days – with our solution within 28 days

Invoices sent within, earlier 5 – 10 days – with our solution same day

Manual payment posting time, earlier 8 hours per week – with our solution ~ 2 hours

What Our Client Said

“Our cash flow used to be a mystery. Now we know exactly what’s coming in, what’s overdue, and who to chase — without lifting a finger.”

The Engagement

Industry: Professional Services (Consulting)

Services Provided: AR Process Design, Automation, Collections, Reporting

Financial Reporting & Month-End Close

Executive Summary

A growing e-commerce business was struggling with delayed month-end closes, manual journal entries, and unreliable financial statements. SKP HUB LLP implemented a structured close process, automated recurring entries, and delivered GAAP-compliant financial packages — reducing close time from 15 days to 5 days.

The Challenge

• Month-end close took 15+ days — financials were obsolete by the time they were ready

• Manual journal entries for accruals, prepaids, and depreciation were error-prone

• No standardized reporting package — each month’s reports looked different

• Auditors spent excessive time cleaning up workpapers at year-end

Our Solution

Close Process: Designed a day-by-day close checklist with clear ownership

Automation: Automated recurring journal entries for depreciation, prepaids, and accruals

Reporting: Standardized monthly reporting package with P&L, Balance Sheet, Cash Flow, and variance analysis

Audit Readiness: Maintained audit-ready workpapers with full trial balance support

Tools & Platforms Used

QuickBooks Online Advanced, Excel with Power Query for variance analysis, FloQast for close management

The Results

Month-end close time, earlier 14+ days – with our solution 5 days

Manual journal entries, earlier 25+ per month – with our solution 5-8 per month

Audit adjustments, earlier 10+ per year – with our solution 4 per year

Financial statement delivery, earlier 20th of every month – with our solution 5th of every month

What Our Client Said

“We used to dread month-end. Now it’s just another week. The financials are accurate, on time, and actually useful for decision-making.”

The Engagement

Industry: E-commerce

Services Provided: Month-End Close, Financial Reporting, Audit Support

Property Management Accounting

Executive Summary

A commercial property owner with a portfolio of 12 retail centers was struggling with per-property financials, CAM reconciliations, and investor reporting. SKP HUB LLP took over full property accounting — delivering accurate property-level P&Ls, timely CAM reconciliations, and investor-ready quarterly reports.

The Challenge

• Financials were consolidated at the portfolio level — no visibility into individual property performance

• CAM reconciliations were 6–9 months behind, delaying tenant billing

• Investors received inconsistent reports with no supporting schedules

• Bank reconciliations were performed monthly, leading to delayed discrepancy detection

Our Solution

Per-Property Accounting: Set up property-level P&L and balance sheets in YARDI

CAM Reconciliations: Completed 3 years of backlogged CAM reconciliations within 4 months

Investor Reporting: Standardized quarterly reporting packages with full supporting schedules

Bank Reconciliations: Moved to weekly reconciliations with discrepancy reporting within one business day

Tools & Platforms Used

YARDI Voyager, CAMACCT for CAM reconciliations, Excel for investor reporting templates

The Results

CAM reconciliation backlog, earlier 6 to 9 months – with our solution Current 30 days

Property-level financials, earlier not available – with our solution Available monthly

Investor report delivery, earlier inconsistency – with our solution Quarterly, 15 days

Bank reconciliation frequency, earlier monthly – with our solution Weekly

What Our Client Said

“SKP HUB LLP didn’t just catch up our books — they gave us clarity on every single property. For the first time, we know which assets are performing and which need attention.”

The Engagement

Industry: Mid-Sized Commercial Real Estate

Services Provided: Property Accounting, CAM Reconciliations, Investor Reporting

Technology & Systems Integration

Executive Summary

A growing logistics company was running on disconnected systems — separate platforms for accounting, CRM, and operations. Data had to be manually exported and reconciled daily. SKP HUB LLP integrated their systems via custom APIs, automated data flows, and built a centralized dashboard — eliminating manual data entry and providing real-time visibility.

The Challenge

• Sales data from CRM had to be manually entered into QuickBooks

• Operational data lived in a separate system with no integration to accounting

• Daily reconciliations took 3+ hours of manual work

• Management had no real-time visibility into financial or operational performance

Our Solution

Systems Integration: Built custom APIs to connect CRM, operations platform, and QuickBooks

Automation: Automated daily data syncs — invoices created automatically from sales data

Dashboard: Built a real-time dashboard in Power BI showing sales, cash flow, and operational metrics

Training: Trained staff on new workflows and reporting tools

Tools & Platforms Used

QuickBooks Online, Salesforce CRM, Custom Node.js APIs, Microsoft Power BI, AWS hosting

The Results

Manual data entry time, earlier 3+ hours / day – with our solution 15 minutes / day

Invoice creation time, earlier 2 days after sale – with our solution Same day, Automated

Data reconciliation errors, earlier 5 -10 per month – with our solution Zero

Real-time dashboard, earlier Not available – with our solution Available 24/7

What Our Client Said

“The integration SKP HUB LLP built changed everything. Our systems finally talk to each other, and for the first time, we can see our entire business in one place.”

The Engagement

Industry: Logistics

Services Provided: Systems Integration, API Development, Dashboard Reporting

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