Improved profitability by 30% through structured financial insights.
Accounting, Bookkeeping & Taxation
Technology:
Quick Book, FTA
Categories:
Accounting, Bookkeeping & Taxation
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Helped 10 plus Freight & Logistics companies maintain clear and accurate financial records.
Cut down errors and manual work by 35%, reducing unnecessary costs.
Improved profitability by 30% through structured financial insights.
How We Helped OPEN FREIGHT SHIPPING SERVICES LLC
Freight & Logistics Accounting
- The Challenge:
- Managing financial records for customs brokerage, cargo transport, and sea shipping was time-consuming and likely to have errors. Tax compliance was a concern, and cash flow issues made planning difficult.
- Our Approach
- We introduced cloud-based bookkeeping, automated tax calculations, and real-time financial tracking along with reconciliation with Government online payment portals.
- The Outcome:
- Reconciliation time cut by 40%
- Cash flow improved by 25%
- Tax compliance ensured with no penalties and also successful recoveries of VAT refunds of more than AED 5 million
- Client Feedback: OPEN FREIGHT SHIPPING SERVICES LLC
- Sky Elite Consultant LLC has been an excellent partner in handling our accounting, bookkeeping, and taxation needs. Their professionalism and accuracy have greatly contributed to the smooth financial management of our business.
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