Dadboxx is a monthly subscription service that curates products for dads
About
When Dadboxx came to us, they were facing cash flow issues due to delayed payments from suppliers and customers.
We started by implementing our bookkeeping services to manage their accounts payable and receivable, payroll, and sales tax compliance. Our team also created financial reports and provided analysis to help them gain a better understanding of their financial position.
We then helped them develop a cash flow management strategy, which included negotiating better payment terms with suppliers and implementing a more efficient invoicing process. This helped improve their cash flow and reduce their risk of running into financial difficulties.
As a result of our financial support, Dadboxx was able to reduce their accounts receivable days by 30%, resulting in a 25% increase in cash flow. They also saw a 20% increase in revenue and were able to invest in new products and marketing initiatives.
Today, Dadboxx continues to grow and scale, with Fractional Force as their trusted financial partner.
Results
The results of the case study for Dadboxx are:
- Reduced accounts receivable days by 30%.
- 25% increase in cash flow.
- 20% increase in revenue.
- Improved payment terms with suppliers.
- More efficient invoicing process.
- Ability to invest in new products and marketing initiatives.
- Partnership with Fractional Force as a trusted financial partner.