LMS Reduces Costs with ExpenseWatch.com
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“We needed a low-cost solution providing improved controls and accounting efficiencies from a systems partner who is as passionate as LMS is about exceeding expectations, continuously improving and wanting to do more with less.” Rebecca Holderread, |
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LMS Intellibound Issues
- Efficiency: In order to be more viable in today’s marketplace, LMS needed to be more efficient than the competition.
- Decentralization: With a multi-unit management team distributed throughout 17 states, LMS could not physically chase down approvals.
- Spending Control: LMS could not see how spending affected its budget until after the fact.
- Manual Processes: QuickBooks reporting processes required manual keying, which was time-consuming and subject to human error.
Spend Management Goals
- Operational Efficiency: Enable existing accounting staff to accommodate business growth by accomplishing more while doing less.
- Integration with QuickBooks: Eliminate keying of journal entries, improving efficiency and data quality.
- Fiscal Responsibility: Continue to ensure that the books were accurate during a period of rapid business growth.
ExpenseWatch.com Solution
- Automation: Automation allows LMS to grow without adding accounting resources.
- Online Access: Online communication enabled the LMS management team to eliminate approval issues.
- Visibility: Purchasing visibility allows LMS to negotiate better prices with vendors.
About LMS Intellibound, Inc.
LMS Intellibound, Inc. is a national partner to warehouses and distribution centers. LMS supplies professionally managed performance-based teams to supplement its partners’ workflow and productivity requirements.
