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Kuli Kuli, a leading U.S.-based sustainable superfoods brand, faced various challenges as it expanded, particularly in its accounting and finance processes. CTO and Co-Founder Jordan Moncharmont recognized the need for a more efficient cash cycle, improved timeliness of accounts payable and accounts receivable, smoother month-close procedures, and reduced accounting employee training and turnover costs.
Download the case study to learn how Scrubbed's partnership led to improved day-to-day accounting processes, faster book closures, and enhanced data accuracy. Partnering with Scrubbed also freed up CTO Moncharmont's time to focus on strategic endeavors such as financial modeling and fundraising. Download today to see why Kuli Kuli recommends Scrubbed to fellow entrepreneurs.
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U.S. Food Brand Faced with Accounting Complexities As Company Expanded
- Expanding operations meant dealing with challenges such as cash cycle issues, AP and AR delays, month-end closing complexities, and employee turnover costs
- Partnering with Scrubbed led to streamlined accounting operations, faster book closures, and improved data accuracy, relieving CTO stress
- Scrubbed's support extended to implementing bill.com for automation, trade spend analysis, and dispute automation, enabling cost savings and freeing up the CTO to focus on strategic initiatives
- Future opportunities envisioned, such as leveraging Scrubbed's fractional CFO resources for funding rounds and utilizing their cash management tools for enhanced financial management
About the author
With 12 years of experience in accounting, James is an expert in various aspects of the field such as taxation, contracts and pricing, billing and settlement, intragroup, joint venture, and nonprofit accounting. He has previously worked for IBM and Shell, where he gained invaluable experience before joining Scrubbed. At Scrubbed, James has played a crucial role in helping social enterprises with their COVID-19 PPP loan and forgiveness applications during these challenging times. James holds a Bachelor's degree in Accounting from Holy Angel University and is a licensed CPA, He is also a Lean Six Sigma Greenbelt.