Here are a few of our client success stories...

Providing Innovative and Customized Solutions to the Industry Specific Financial issues Quinnacle Solutions created a transformation in a Capital Intensive Customized Elevator Manufacturing Company.

Wherein the company was facing multiple issues like:

• Cash Shortfall - leading to high Overdraft Usage
• High Interest Cost
• Unable to scale up Operations due to shortage of funds
• Usage of personal funds by Promoters to keep the company alive
• Unable to meet operational expenses (eg- delayed salary and vendor payments)

It was making the company to fall and a time came to close the business. Our Team had analyzed the mismanagement of funds by the company. We prepared a Cash Flow based Financial Model and insisted the Company to adhere to the innovative and time tested solutions to be applied consistently to cause a turnaround in the business. Solutions were such which helped them not only recover from turmoil but also helped them expand business. As a result, after 12 months of consistent efforts done by the company as per our guidance, the company could generate additional cash flows and the promoter fund usage was reduced to nil and external overdrafts were reduced to the extent of 25%.

Periodic Analysis Profit & Loss, Balance Sheet, Inventory reports, etc. and Review of Capital Structure of the Company Quinnacle Solutions suggested a Savings in Tax outflow to our Client having is Modus operandi by way of HUF with a turnover of 350 Crore. Our Team was involved in the monthly review services for the client and was working with the client closely for past 2 years where the client's turnover almost doubled and he had zero compliance penalties, since our team was reviewing and taking care of all the compliances on timely basis.

Considering the CAGR of the business we suggested the client to change the structure of the entity and thereby there would be savings of almost 8% in tax outflow. Imagine a 8% amount on the Profit of the company with such huge turnover. The client has been extremely convinced when he saw the idea got converted into actual cash savings

Advisors to the Board of Directors (Management) on Financial Matters concerning Decision making We had been consulted by Board of Directors of reputed to unlisted public Company to review financial implications for the Plans of Future Investment Opportunity, we had successfully advised them on the benefits and Shortfalls of the Investment Opportunity. We also suggested them to build the capacity on their own instead of acquiring the asset from the competitor company for premium, since the company had all the capabilities to do so internally, without investing too much. The Directors' appreciated the suggestion and also awarded us with assignment of setting up Fixed Asset Policy and Inventory Review for a subsidiary of the Company.

Periodic Review of Accounts Receivables and Accounts Payables Quinnacle Solutions was involved in reviewing the Accounts Receivables and Accounts Payables cycle for a reputed Manufacturing company. Here we classified the Receivables and Payables in different buckets and suggested the Management to revise the credit terms for receivables which were never done on case to case basis before, this lead to additional availability of Funds for Business. On Accounts Payable front- we suggested to have a Corporate Contracts Team to negotiate with the Vendors in more effective way in terms of having quotes from Competitive vendors along with benefitting terms and conditions. We suggested churning the Staff in Corporate Contracts and purchasing team on a periodic basis to avoid any biased selection of Vendors.

Guidance to Accounts & Finance Department We at Quinnacle Solutions provide Guidance on a periodic basis to multiple clients basis their requirement. Wherein if a company lacks internal financial expertise, they approach us for guidance on as and when- retainership basis. We are presently working with 25+ entities to guide them in their finance operations and aid their accounts team to function smoothly without any hindrances.

Please connect with us to know better about Financial Aspects of your Business...

We believe each client has unique set of Problems and Understanding the Problem to the Core helps in Long Term Solutions.