A dynamic event management company with project-based accounting, managing multiple events at varying stages—from planning to execution.
The Challenge
The finance team faced recurring delays and inaccuracies in month-end accruals. Events that were still in the planning stage but not yet delivered lacked clear visibility in the financials, leading to:
- Time-consuming manual data collection from ERP
- Inconsistent accrual estimates
- Heavy reliance on email communication across teams
- Date: July 6, 2025
- Client: Multi-Line Event Management Firm
- Location: USA
- Category: Entertainment, Event Management
- Website:
The Solution
We implemented a real-time month-end accounting support solution that integrated tightly with the company’s ERP. The key components included:
- Hourly flash updates from the ERP on project performance
- Automated generation of Flash vs. Actual reports for ongoing projects
- Clear visibility into projects “in preparation,” enabling finance to accrue accurately even before the events occurred
The Result
- Improved Accuracy: Accruals became more precise for projects still under development
- Faster Month-End Close: Reduced cycle time due to streamlined data flow
- Efficiency Gains: Minimized manual effort and reduced internal email traffic