Sales – The client’s gross sales were 40% higher in 2015 over 2014. It is projected that 2016 gross sales will exceed 2015 by at least 20%.
Contacts – The client enjoyed a massive increase in contacts. Ascent generated over 50 educational contacts within the geographic area. On the commercial side, Ascent delivered information and contacts for over 40 architects and property developers that work in the restaurant and retail sector.
“They helped us develop a modern looking and useable website, and a solid marketing and business development strategy utilizing the most up to date tactics.”
Formalizing internal processes was critical to increasing efficiency and productivity within the clients company.
The client was lacking a standard operating manual, so Ascent stepped in and created a comprehensive manual with instructions on how to perform key processes at the company.
Ascent designed financial procedures with built-in checks and balances to protect the company from fraud. Midway through this internal operations process, the client switched from Foundation software to Sage 300. Ascent played a key role in this conversion.
Ascent was closely involved in developing all hardcopy and electronic versions of policies, procedures and operation manuals, as well as a structured training and implementation program.
Productivity and efficiency increased significantly by bringing all team members into the process. As an outcome of this project, formalized policies and procedures resulted in a 40%+ increase in the workload capacity that could be effectively managed by the existing staff.
Ascent performed a complete audit of existing financial positions, documents and reports, including an analysis of current and prior year operating budgets and expenses.
Ascent provided strategies to the client for financial cost reductions. These included selecting new vendors and setting up vendor accounts instead of using credit cards. Ascent recommended revolving credit strategies for better payment terms and lower interest rates. Ascent also helped the client research and select several new service providers.
Strategy recommendations from Ascent were designed to cut the client’s annual operating costs and overhead budget by over 10 percent.
This three-part project was scheduled to be completed in a year; it took nine months.
“As construction industry experts, we found Ascent’s ability to focus on core issues of each project, collect and organize supporting information, and steer us in the right direction to be invaluable in helping us upgrade our operations.”