Industry: Heavy Industries & Manufacturing
Subtitle: Financial Clarity in Complex Operations
Challenge:
IMAC Gulf operates multiple divisions in heavy industries including equipment trading, manufacturing, and project services. The biggest struggle was managing multi-division accounts, where expenses and revenues overlapped. Their VAT compliance was inconsistent, and financial reports were delayed, making it tough for management to make quick investment decisions.
Our Approach:
- Designed a centralized accounting framework that consolidated all divisions into a unified system.
- Implemented automated VAT filing procedures to stay compliant with UAE regulations.
- Developed monthly financial dashboards for board-level visibility.
Outcome:
- Reduced reporting delays by 40%.
- Improved compliance, avoiding penalties.
- Management could make faster investment and expansion decisions.
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