Accounting Services, All, Success Stories

Success Story – Accounts and IT for a Dubai Real Estate Company

A real estate agent broke off from the firm and started his own agency. He was a good leader and pulled in several other agents to join him, that meant instant success. But that also meant that he needed to setup a full-fledged office, and fast. He got in touch with Remote Resources, it was all game from there on.

RR got off to a flying start

Before the contract was even signed, RR got down to work. Within the first two weeks:

  1. We provided a partnership contract
  2. Setup a cloud ERP system with Customized Invoice Printing
  3. Migrated emails from Google to M365
  4. Setup Teams for 10 users and provided support

 

Remote Back-office

Over the course of the four months RR took up book-keeping A to Z – inclusive of WPS entries. RR setup bank reconciliation, cashflow and other month-end reports for the partners. Systems for Petty Cash, Sale, Commission calculation and payments, Fixed Asset registration, Laptop setups and VAT filing were all in place. It was all being carried out by RR, and all remotely. We even resolved disputes between the partners, from a distance. Whoever said communication is difficult online? With the right skill set, it is all doable.

Benefits of working with RR

A key-benefit of a team that understands various functionalities is that decision making is faster, and workflows are smoother. The choice of an Accounting or an ERP system can often take months to decide. Mainly because there are a lot of stakeholders, and the information is scattered between people. In this case, because the IT aspects and the Booking-keeping were being carried out by the same team, the decision-making was bullet speed.

Another aspect that helps the organization working with a remote team like RR is that it is already a performing team. The client does not have to bear with the Forming, Storming and Norming phases of the team formation. The team delivers from day one.

Book a meeting and soon we will setup a back office for you!