The Client came to us amid an ongoing cash flow deficiency

The Client’s inventory purchases were not being managed properly, which resulted in an excess of over $1 million in inventory and a backlog of accounts payable

Consolidating the purchasing, inventory, and accounting departments to communicate with each other on a more regular and consistent basis

Pride Advisory negotiated new payment terms with vendors to ease the cash flow burden and keep the vendors’ shipping product

We reduced inventory by establishing a hybrid JIT inventory solution to reduce inventory to a more appropriate amount to maintain the current orders

Implemented new control environment including AP, PO, and inventory management system so the Company’s operations become more efficient and transparent

Pride Advisory stabilized the financial health of the Client while maintaining a steady growth of new customers 

Productivity increased company-wide, and employees became more in control and informed of the tasks they have to complete